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‘UAE investments in Egypt to hit $35 bln in five years’

by Gazette Staff
May 28, 2022
in Business
'UAE investments in Egypt to hit $35 bln in five years' 1 - Egyptian Gazette
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ABU DHABI – Secretary General of the UAE International Investors Council (UAEIIC) Jamal Said Al Jarwan underlined that the Egyptian economy is flexible and attractive to investments.

He noted according to MENA that the UAE investments in Egypt reached dlrs 20 billion and are expected to hit dlrs 35 billion within the coming five years.

He noted that President Abdel Fattah El Sisi is giving due attention to foreign investments in Egypt, highlighting the Egyptian government’s interest in luring foreign investments.

He made the remarks during a meeting that was held in Abu Dhabi on Saturday between Egyptian Prime Minister Moustafa Madbouli and heavyweight UAE investors.

Tags: BUSINESSEgyptInvestmentPresident Abdel Fattah El SisiTop_NewsUAEUAEIIC

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