CAIRO – Egyptian Planning and Economic Development Minister Hala el Saeed has presented the most important investment opportunities provided by the Sovereign Fund of Egypt.
She also reviewed the Fund’s pivotal role in luring domestic and foreign private investments.
That came during Saeed’s visit to Qatar, where she met with a number of Qatari officials and businessman as part of her promotional tour of several Arab countries to explore potential investment opportunities in Egypt.
Saeed had talks with Qatari Deputy Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani and Sheikh Mohammed bin Hamad bin Qassim Al-Thani, the Minister of Commerce and Industry in Qatar.
The meetings featured reviewing issues of common interest with the aim of strengthening cooperation between the two countries in the fields of trade, investment and industry.
In Doha, Saeed discussed with the Qatari Businessmen Association (QBA) a number of joint cooperation topics and followed up on a number of agreements signed during the last period.
She pointed out that the Sovereign Fund of Egypt is an important investment arm of the state, as it acts as a partner for the private sector by studying investment opportunities and availing them to the private sector. The Fund has a number of sub-funds that can partner with the Qatari private sector in several guaranteed projects, she explained.
The minister also indicated that there is a technical committee currently studying a number of projects that will be presented to the private sector in both Qatar and Egypt.
She underscored the need for further economic integration between the two countries, especially since Doha has many investment incentives, in addition to the remarkable legislative environment to attract Egyptian investors.
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