Translated by Sama Marwan,
Ahmed Kouchouk, Minister of Finance, confirmed that we are working on creating a more attractive business environment for private sector investments; which contributes to achieving the government’s program objectives, establishing economic stability, and driving sustainable growth to enhance efforts to improve citizens’ living standards, raise the quality of services provided to them, and provide more job opportunities.
He noted that we aim to enhance the stability and transparency of tax policies and improve relations with the business community to ensure continued investment flows.
In his meeting with Mariam Khalifa Al-Kaabi, Ambassador of the United Arab Emirates to Cairo, the minister said that we are keen to strengthen bilateral cooperation relations between the two brotherly countries and exchange expertise in economic and financial policies; in a way that benefits both peoples. He explained that we are open to cooperation with the UAE side in any areas that open promising horizons for investment in Egypt, considering that the UAE has been Egypt’s largest investment partner in recent years, and that there is an extended partnership between the two brotherly countries at the official, governmental, private sector, and business community levels as well.
Mariam Khalifa Al-Kaabi, the UAE Ambassador to Cairo, praised the distinguished relations between the two brotherly countries; which encourages us to establish new investment projects with different and varied financing tools. She pointed out that Egypt has the potential to transform into a commercial and industrial hub covering the needs of the African and European markets.
