Saturday , October 23 2021

Advisor to the Prime Minister from the United Arab Emirates: Egypt is interested in creating a climate to attract domestic and foreign investments


Dr. Jehan Saleh, advisor to the Prime Minister for Economic Affairs, said that Egypt is interested in creating an investment climate and creating more opportunities to attract domestic and foreign investments from the public and private sectors to contribute to developing and providing additional employment opportunities for young people.

The meeting was held under the patronage of Sheikh Hamad bin Muhammad al-Sharaqi, a member of the Supreme Council and ruler of Fallujah. Shot, His Highness, Sheikh Muhammad bin Hamad al-Sharaqi, heir to the throne of Fog. And Dr. Ahmed Abu Al-Gheit, Director-General of the University of Fujairah, Dr. Hanafi, Secretary-General of the Arab Chambers Association, Lifa Hamis, Al-Kabbi, Chairman of the Chamber of Commerce And the industry of Foguirra, and organized by the evening lodges in conjunction with the Pog Office.

The Investment Law No. 72 of 2017 was published in new investment projects that provide many incentives by granting a deduction from net net profits, including facilitating procedures for obtaining the licenses required for projects and setting up service centers for investors in the General Investment Authority and its branches in the sub-districts. In addition to the standardization of procedures and services in an electronic manner, to solve the problems of investors regarding the time required to complete the procedures, as well as to facilitate the investor to keep track of his papers if he is a resident abroad.

She emphasized that a sustainable agricultural development strategy 2030 was completed to achieve a new comprehensive agricultural renaissance for Egypt, capable of rapid and healthy growth based on innovation and increased knowledge to create a new agricultural environment to encourage agricultural investment. Introducing a support system for consumers through smart cards and promoting general grain storage, as well as encouraging investments in the development of port infrastructure and land storage, which will contribute to increasing the efficiency of the value chain of grain.

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