Egypt: Nasr, Mamish Discuss Dp World Plan to Beef Up Investments in SczoneSource: www.export-egypt.com 8/14/2017, Location: Africa |
|
|
|
|
 Investment and International Cooperation Minister Sahar Nasr had a meeting with Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish to discuss a plan drawn by UAE's DP World to beef up its investments in the SCZone.
The Investment Ministry in a statement on Monday said that the two sides discussed arrangements for a foreign tour that will take them to Vietnam and Singapore in August to inject new investments in the country. For her part, Nasr called for benefiting from the new investment law that gave incentives and investment protection guarantees for investors who seek to establish business projects in the Suez Canal economic zone. Mamish stressed the importance of channeling all state institutions' efforts into achieving a comprehensive development in the country and changing the future of the region, a matter that will in turn help boost Egypt's economy and create jobs. He also underlined the importance of Sinai development as the only way to achieve peace and stability in this important part of homeland. President Abdel Fattah El Sisi approved the establishment of a joint development company between the Suez Canal Economic Zone and the Dubai World Ports group known as DP World. According to the deal, DP World will carry out the project in the Suez Canal area while the Egyptian government will offer all facilitation necessary for the project's establishment. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
