Arab Today, arab today government supports samsung investments in egypt
Last Updated : GMT 22:03:31
Arab Today, arab today
Arab Today, arab today

Prime Minister Ibrahim Mahlab:

Government supports Samsung investments in Egypt

Arab Today, arab today

Arab Today, arab today Government supports Samsung investments in Egypt

Egyptian PM Ibrahim Mahlab
Cairo - Arab Today

Ibrahim Mahlab has said that his government fully supports investments and activities of Samsung in Egypt.

The prime minister thanked officials at the electronics company for their effective participation in Egypt Economic Development Conference (EEDC).

He was speaking in a meeting with the board chairman of Samsung Egypt on Tuesday.

The board chairman said Samsung has been working in Egypt for two years now and has been sharing, through its factory in Beni Sweif, international advanced technologies in the manufacture of high-quality televisions.

The factory in Beni Sweif has also helped secure jobs for 2,400 youth in Upper Egypt, he said.

The factory also exports 85 percent of its products worth about one billion dollars, the board chairman added.

He made it clear that the company intends to increase its investments in Egypt through establishing three more factories to manufacture refrigerators, washing machines and air conditioners. This should cost about 300 million dollars, he noted.

He touched upon difficulties facing his company, particularly where customs and taxes are concerned. More relaxed measures will sure contribute to quickly establishing the factories, the board chairman said.

Mahlab assured Samsung that his government is acting to put an end to bureaucracy and remove obstacles hindering the flow of investments, the Cabinet spokesman said.

The premier immediately ordered the formation of a committee grouping representatives of the customs and tax authorities to remove obstacles facing Samsung in Egypt, the spokesman added.
Source: MENA

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today government supports samsung investments in egypt Arab Today, arab today government supports samsung investments in egypt

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday