Egypt works with World Bank Group on investment promotion strategy: Minister

AI Summary

Egypt is working with the World Bank Group on an investment promotion strategy to direct foreign investment toward productive sectors. The plan aims to boost exports, expand manufacturing, and strengthen links between foreign investors and domestic industries.

Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is working with the World Bank Group to develop an investment promotion strategy aimed at directing foreign investment towards productive activities that boost exports, expand manufacturing and strengthen links with domestic industries. Farid made the remarks during a session on the role of the private […]