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The Emirati “Holding” is considering pumping new investments in Egypt

The News GlorybyThe News Glory
01/05/2023
The Emirati “Holding” is considering pumping new investments in Egypt

ADQ Holding Company is considering pumping new investments in a number of sectors in Egypt.

The company’s chairman, Mohammed Al-Suwaidi, said that there are a large number of Emirati companies currently working on many projects, stressing their desire to pump more investments in a number of companies.

The Chairman of the Board of Directors of “Abu Dhabi Holding” renewed the reference to the interest that the investment file enjoys in Egypt as a promising market, and in view of its capabilities and capabilities, pointing to the coordination and cooperation that is taking place in this regard with the Sovereign Fund of Egypt and various government agencies. As well as many private sector institutions.

Al-Suwaidi’s remarks came after his meeting with the Egyptian Prime Minister, Dr. Mustafa Madbouly, to discuss a number of investment opportunities.

During the meeting, Madbouly referred to a number of measures taken by the state within the framework of efforts to improve the investment climate, to encourage and attract investors to inject new investments, or expand existing investments, explaining that among those measures is related to obtaining a golden license for projects targeted by the state. in a number of important sectors.

Al-Suwaidi referred to the meetings held with Dr. Hala Al-Saeed, as well as officials of the Sovereign Fund of Egypt, regarding research and study of pumping new investments in a number of sectors and promising opportunities, pointing out that the volume of investments in Egypt since 2014 reached about $4.3 billion, which is what It reflects the volume of interest in the Egyptian market.

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