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‘Egyptian political leadership puts climate investment file on top of priorities’

by Gazette Staff
June 9, 2023
in World, Egypt
First Assistant Prime Minister Randa el-Minshawi during a meeting with a US Department of Treasury delegation at the government's headquarters at the New Administrative Capital.

First Assistant Prime Minister Randa el-Minshawi during a meeting with a US Department of Treasury delegation at the government's headquarters at the New Administrative Capital.

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CAIRO – First Assistant Prime Minister Randa el-Minshawi said that the Egyptian political leadership puts the file of ameliorating conditions for climate investments on top of its agenda of priorities for the current phase.

During a meeting with a US Department of Treasury delegation at the government’s headquarters at the New Administrative Capital, the two sides reviewed a number of economic-related files.

The US delegation comprised Deputy Under Secretary for International Finance at the US Department of the Treasury Brent Neiman and Director of the Middle East and North Africa Office in Treasury International Affairs at the US Department of the Treasury Anthony Marcus, among others.

The first assistant prime minister highlighted the importance of the State Ownership Policy Document that was approved by President Abdel Fattah El Sisi, along with the prime minister’s announcement of listing 32 companies owned by the state on the Egyptian Exchange (EGX) to be sold for the private sector and the Sovereign Fund of Egypt (TSFE)’s launching of a promotional campaign in Europe to lure more European investments.

Meantime, Minshawi shed light on the State’s efforts to solve any problems or obstacles facing investors.

Also the Prime Minister’s Adviser For Economic Affairs, Jihan Saleh, referred to the State’s program to strengthen local industries.

For his part, the deputy under secretary for international finance at the US Department of Treasury voiced the US delegation’s keenness on exchanging views with Egyptian officials on issues related to the Egyptian economy.

Tags: EgyptNew Administrative CapitalTop_NewsUSA

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