Arab Today, arab today investment minister takes part in egyptianrussian business forum
Last Updated : GMT 18:19:32
Arab Today, arab today
Arab Today, arab today

Investment minister takes part in Egyptian-Russian Business Forum

Arab Today, arab today

Arab Today, arab today Investment minister takes part in Egyptian-Russian Business Forum

Minister Ashraf salman
Cairo - MENA

Investment Minister Ashraf Salman on Tuesday took part in the Egyptian-Russian Business Forum, that was held on the sidelines of the 10th session of the joint Egyptian-Russian economic commission.

The ministers of supply, trade and industry, military production and immigration, along with Russian Minister of Commerce and Industry Denis Manturov also took part in the forum.

During his speech, Salman hailed historical relations between Egypt and Russia, affirming that the two countries aim at boosting mutual cooperation.

The minister briefed the participants on Egypt's current economic indicators.

Salman said that the country's economic growth rate hit 4.2 percent of the GDP during the fiscal year 2014/2015, compared to 2.2 percent in the previous fiscal year.

The net foreign direct investments inflows grew by 56.1 percent in 2014-2015 fiscal year to hit $6.4 billion, compared to $4.1 billion 2013/2014, the minister added.

The unemployment rate in Egypt was reduced to 12.8 percent in 2014/2015, compared to 13.8 percent in 2013/2014, the minister said.

He added that credit rating agencies have upgraded Egypt's credit rating for the first time since the beginning of 2011.

The minister called on Russian companies to pump more investments on the Egyptian market and boost cooperation in various fields, especially the development of Egypt's public sector companies.

Russian Minister of Commerce and Industry Denis Manturov arrived in Cairo on Monday, accompanied by a 60-member delegation of representatives of businesses interested to invest on the Egyptian market.

 

arabstoday
arabstoday

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 investment minister takes part in egyptianrussian business forum Arab Today, arab today investment minister takes part in egyptianrussian business forum

 



Arab Today, arab today

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 investment minister takes part in egyptianrussian business forum Arab Today, arab today investment minister takes part in egyptianrussian business forum

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
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 Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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