CAIRO, April 8, 2018 - A delegation of Egyptian expatriate investors in the United Arab Emirates (UAE) will visit Egypt soon to learn about the investment opportunities available as set out by the industrial investment map drawn up by the Ministry of Trade and Industry last October, the Minister of Trade and Industry, Tarek Kabil, announced yesterday. In his statement, Minister Kabil said that the visit was in activation of the co-operation protocol which was signed with the Ministry of Immigration and Egyptian Expatriate Affairs to promote industrial investment and to involve Egyptians abroad in developing the national industry. The efforts exerted by the two ministries have helped organise an extended meeting between the Industrial Development Authority's delegation to the annual investment forum in Dubai, under the chairmanship of Eng Ahmed Abdel Razek, and Egyptian expatriates in the UAE. According to the statement,the Minister of State for Immigration and Egyptian Expatriate Affairs, Nabila Makram, said that the ministry had completed preparations for holding the meeting in coordination with the Egyptian community in the UAE and the Egyptian Trade Office in Dubai, chaired by Dr Yunan Edward. Such visits and meetings provide a great opportunity to boost national, economic, political and social ties between the Egyptian expatriates and their motherland, she said. The aim was also to advertise policies for attracting more investments to the country and to contribute to development efforts nationwide, Minister Makram added. Eng Ahmed Abdel Razeq, Chairman of the General Authority for Industrial Development, said that the meeting was aimed at informing Egyptian expatriates in the UAE of all the details related to the industrial investment map, which has covered the most important projects and investment opportunities available throughout the country. He pointed out that the Egyptian expatriates had shown great interest in the development achieved in the Egyptian industrial sector as well as the comprehensive economic reforms initiated by the government four years ago. These reforms are a key element in attracting capital owners from all over the world to invest in the Egyptian market, which is one of the most important investment destinations in the Middle East and Africa. Abdel Razek stressed that the participation of the Authority in the activities of the annual investment forum in Dubai, entitled "Linking developed and emerging markets through foreign direct investment", was a great chance to present the investment opportunities available in the Egyptian economy, especially in the industrial sector.
