The Prime Minister emphasizes the importance of the Investment Protection and Promotion Agreement between Egypt and Saudi Arabia
& Nbsp; the Prime Minister Dr. Mustafa Madbouly stressed the importance of the Investment Protection and Promotion Agreement between Egypt and Saudi Arabia, noting that the largest part of the problems that faced Saudi investors, which were stuck for years, was already resolved, and this was a tribute to the Saudi investors themselves. With Dr. Ayed Al -Qahtani, Chairman of the Board of Directors of the Group & quot; His Highness Holding & quot; Saudi Arabia to review the group’s investment plans in Egypt, in the presence of Saeed Salem Al Nahdi, CEO of the group, and Abdul Rahman Al -Qahtani, CEO of & quot; His Highness for International Investment & quot; And Engineer Ayman Al -Qousi, CEO of & quot, Medar & quot; For investment and urban development, and Ahmed Helmy, CEO of Operations at & quot; Adir Al -Alami & quot; & nbsp;
The Prime Minister welcomed the Saudi brothers in their second homeland, Egypt, confirming the provision of all possible stimulus and facilities for investors, and to create an attractive environment for investments in all sectors, which is the mandates of the ministers concerned with giving the utmost priority to this Important file. & Nbsp; He noted that the government is working to attract foreign investments, and welcomes the brothers from the Kingdom of Saudi Arabia, and by going to your group to establish real estate funds. And & quot; I manage real estate & quot; Two included in the main money market in the Kingdom of Saudi Arabia .. And our policy in the group is that we are currently distinguished in establishing real estate funds approved by the money market, and we are working to create a real estate fund in Egypt & quot; noting that & quot; His Highness the Real Estate & quot; And & quot; His Highness Holding & quot; One of the largest developers in & quot; Medina & quot; And & quot; Makkah & quot; and other cities. It has international companies, and it has business in 8 countries, and it also has plans to expand in 30 countries around the world, noting that the company operates in Egypt through & quot; Ader & quot; noting that the group had a partnership experience with a number of Egyptian companies in Saudi Arabia for years. Egyptian & quot; noting that the Egyptian government has completed a lot during the recent period, especially in the infrastructure sector, and the establishment of new cities, such as & quot; the new administrative capital & quot; And & quot; the new El Alamein & quot; And others. With an agreement to encourage and protect investments between Egypt and Saudi Arabia, which aims to encourage many Saudi investors to pump investments in the Egyptian market, as he pointed to the company’s desire to invest in the & quot; downtown & quot; because of its distinguished location, in addition to the development work that encourages investment in the region, and this contributes to making the region a focus of tourism International. During the last period to attract various investments, in addition to working on the speed of land development in its mandate in eastern Cairo, and the recent honor it received from the Ministry of Finance, noting that the company attracted the most important real estate developers during the last period .. He affirmed the company’s endeavor to start its projects in new lands as a real estate developer.
