Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Egypt, South Africa pledge to deepen development cooperation at G20 meeting    Egypt's PM orders road maintenance review, tougher penalties to curb accidents    Egypt, Novartis explore expanding collaboration in oncology, cardiology    Iran launches mass deportation of Afghans amid spying allegations    EU, China agree on rare earths, climate but divisions remain on trade, Ukraine    Association of Real Estate Developers seeks urgent meeting over threatened land deallocation on Northwest Coast    Midar partners with Adeer to develop Boulevard project in Mostakbal City with EGP 70bn investment    Over 60 million visits recorded under Egypt's Women's Health Initiative since 2019    Culture minister launches national plan to revive film industry, modernise cinematic assets    Thailand, Cambodia clash on new front as tens of thousands flee    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    UK pay settlements stagnant amid inflation surge    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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



Finance Minister invites investors to benefit of Egypt's promising development opportunities
Egypt achieves initial surplus of EGP 25bn despite negative effects of COVID-19 crisis
Published in Daily News Egypt on 10 - 04 - 2021

Egypt's Minister of Finance Mohamed Maait has called on international investors to take advantage of the many promising development opportunities in Egypt.
This involvement will take place through their participating in the implementation of major projects aimed at laying the foundations for comprehensive and sustainable development. It is especially in light of the distinguished incentives provided for investors by the state.
Maait's remarks came during his meeting with a Japanese delegation headed by Matsunaga Hideki, Director General of the Japanese International Cooperation Agency (JICA) for the Middle East and Europe.
The minister said that the Egyptian economy's performance is improving, as reflected in the financial performance indicators outlined in the budget during July to March of the current fiscal year (FY) 2020/21.
He said that an initial surplus of EGP 25bn was achieved, despite the negative economic effects of the novel coronavirus (COVID-19) crisis.
Maait added that Egypt aims to achieve an economic growth rate of 5.4% during the next fiscal year, to complete the government's economic reform process, and to preserve the gains made.
The minister noted that Egypt welcomes cooperation with Japan in various fields, and looks forward to the participation of Japanese companies and expertise in implementing major development projects.
He said that JICA is one of Egypt's international development partners with whom the country aims to strengthen cooperation to benefit from the Japanese expertise.
He explained that the Egyptian Government, in cooperation with Japan, is keen to provide all elements of success for the Egyptian-Japanese schools.
This comes as one of the models of advanced education in Egypt that contributes to the development of a generation capable of creativity and innovation.
For his part, Matsunaga said that he has witnessed significant development in various aspects of life in the country as a result of the reform efforts carried out by the Egyptian Government. This reflects the determination of the Egyptian people, under their wise political leadership, to proceed with the process of the country's comprehensive modernisation.
He praised the level of development cooperation existing between Egypt and Japan. At the same time, he stressed aspiration to enhance joint cooperation between the Egyptian and Japanese sides in the field of educational development. This would take place in accordance with the latest global systems and experiences.


Clic here to read the story from its source.