Egypt signs deal with Euroclear to boost domestic debt management    Erdogan says Turkey to resume Syria offensive if truce deal falters    Spanish government dismisses call for Catalan talks; police brace for more unrest    Egypt's Cooperative Insurance Society to cover NGOs clients' loans    Angry over Brexit, thousands gather in London demanding new referendum    After a young pupil dies of meningitis in Egypt, tips to help prevention    Live score: Zamalek v Arab Contractors (Egyptian Premier League)    Irish clubs set to meet to discuss a new cross-border league    Bulgaria coach Balakov resigns following racism fallout    Wide protests in Lebanon against ruling elite over economic corruption    U.S.-China trade deal will be signed by middle of November: Trump    Egypt's PM urges US's ADTRAN Inc. to invest in communications equipment    World Bank launches human capital investment plan in MENA, North Africa    French President Macron receives Egypt's Coptic Pope Tawadros II at Elysee    Oil prices drop as China slowdown weighs    Egypt urges its citizens in Lebanon to exercise caution as protests continue    Egypt says strategic wheat reserves enough to cover its needs until February    Egypt keen to support DR Congo: Ambassador    Cairo metro back to normal operations following hours-long power disruption    Egypt's Pope Tawadros opens Saint Mary, Mar Youhanna Church in Belgium    Egypt's Irrigation minister reviews latest developments of Ethiopia's Renaissance Dam in Budapest    'Passports should be valid for six months,' Egypt's foreign ministry advises citizens planning travel abroad    Unpaid work hits 35% of Egypt's GPD, but still not included in economic calculations: IMF    Grand Nile Tower Arts & Cultural Centre launches second round    Egypt's coach Hossam El-Badry satisfied with winning start despite technical problems    Hundreds released    Luxor's new discoveries    Moroccan film Nomades scoops awards in Alexandria Film Festival    Toshiba's JV with Egyptian Elaraby opens regional HQ in South Africa    Six authors vie for Booker prize 2019, Atwood in the lead    In Photos: A sneak peek into rehearsals for the Cleopatra ballet world premiere    Sisi, Ethiopia's PM to meet in Moscow to discuss GERD issue    Sisi: army engaged in attrition phase against terrorism in Sinai since 2013    10K fans to attend Egypt's friendly against Botswana in Alexandria: EFA    Sisi, Ethiopia's PM agree to overcome obstacles in Nile dam talks    Farwell to Egyptian comic actor Talaat Zakaria    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Nine French companies establish a health coalition
Egypt keen to attract more French investments, especially in health sector, says Nasr
Published in Daily News Egypt on 20 - 11 - 2018

A group of French companies announced the establishment of a health coalition, according to a Monday statement from the Ministry of Investment and International Cooperation, noting that companies coalition includes Sanofi SA, Danone, AXA, L'Oréal and others.
Sahar Nasr, minister of investment and international cooperation, stressed Egypt's keenness to attract more French investments, especially in the health sector which is witnessing a qualitative leap, following the issuance of the new comprehensive Health Insurance Law.
Nasr's speech came during the inauguration of the Egyptian-French Health Forum, organised by the French embassy in Cairo, in the presence of representatives of the World Bank, the European Bank for Reconstruction and Development EBRD, EU and the French Development Agency.
Nasr said that France is financing the project of supporting primary health care in five Egyptian governorates, which is funded by the French Agency for Development with€31m.
The minister affirmed the Egyptian government's appreciation for the continuous support of the French government and French private sector companies in Egypt, noting that cooperation with France is a strategic partnership and fruitful in various sectors, especially in the health care sector.
Egypt has exerted great efforts to remove any obstacles facing investors in the health sector, asserted the minister, noting that France is one of Egypt's most important economic partners at the European and global level.
French companies are strongly represented in the Egyptian market in many vital sectors such as industrial, agricultural sectors, as well as infrastructure and medicines, added the minister.
Egypt is keen to attract new foreign investments in various sectors, affirmed the minister, noting that the government provides several advantages the market.
The Egyptian government is keen to create a favorable environment for investment in the light of the new investment law, said the minister.
Additionally, Nasr discussed with the French ambassador to Cairo، Stéphane Romatet and a number of French companies attracting new investments in Egypt, said the statement, noting that the French companies affirmed that the current business climate is suitable to attract more French investments to Egypt.
French companies in Egypt are offering the Egyptian market about 35,000 jobs in the fields of industry, tourism, agriculture, telecommunications, transport, infrastructure and financial services.
French companies increased their investment by $200m during the fiscal year 2017/18, according to the statement.

Clic here to read the story from its source.