Arab Today, arab today sisi urges more chinese investments in egypt
Last Updated : GMT 15:40:14
Arab Today, arab today
Arab Today, arab today

Sisi urges more Chinese investments in Egypt

Arab Today, arab today

Arab Today, arab today Sisi urges more Chinese investments in Egypt

President Abdel Fattah El Sisi
Beijing - MENA

Visiting Egyptian President Abdel Fattah El Sisi urged Chinese investors to boost their investments in Egypt.
Egypt provides all support to the Chinese investors to expand their business in Egypt, Sisi said in his speech before the Egyptian-Chinese business council.
Egypt represents a fundamental mainstay in the initiative to revive the ancient China's Silk Road trade route thanks to its strategic location, he added.
He, meanwhile, said that Egypt is in need of additional 20,000 megabytes of electricity and energy to cope with the necessary expansions.
The Egyptian president further said that the national economy was in a very difficult condition and Egypt's credit rating was lowered, besides the slowdown of foreign investments in Egypt.
"Egypt seeks to flourish its national economy through implementing reforms," Sisi said, adding that several steps will be taken to reduce energy subsidies, increase economic efficiency and provide new jobs.
The government is implementing a plan for urban development in Egypt, including the development projects of Suez Canal, North West Coast along with the Golden Triangle, he further said.
He also pointed out to the one-year deadline to complete the drilling of the Suez Canal, a matter which will reduce trips of cargo ships by eight hours.
Sisi also said that the Egyptian people are supporting reforms by the government, adding that the targeted funds from selling the Suez Canal investment certificates was achieved in eight days.
The government seeks to lure investments worth 10 billion pounds and more, Sisi said, stressing the importance of regaining the confidence of investors.
Sisi added that the government has finalized formulating the unified investment law, protecting foreign investments, reducing bureaucracy and improving investment climate.
Also, 16 government disputes with investors have been settled through international arbitration in six months in order to regain the investors' confidence, he said.
Sisi also invited China to take part in the economic conference, which will be held in Sharm el-Sheikh in March to set up a strategic partnership between Egypt and world countries.
China has a real opportunity to carry out investments in Egypt, Sisi went on to say.

 

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 sisi urges more chinese investments in egypt Arab Today, arab today sisi urges more chinese investments in egypt

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 07:21 2017 Sunday ,19 February

Kenya, Egypt resolve to boost bilateral trade

GMT 05:42 2017 Sunday ,19 February

British consumers battered by Brexit inflation

GMT 05:19 2017 Sunday ,19 February

Russia is ready to act on strong ruble

GMT 05:13 2017 Sunday ,19 February

Iran discovers shale reserves

GMT 16:23 2017 Saturday ,18 February

Indonesia releases seized shipments of citrus

GMT 14:30 2017 Saturday ,18 February

Chile seeks free trade commitments in Asia-Pacific

GMT 03:37 2017 Saturday ,18 February

Venezuela gears up military machine amid economic crunch
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 15:16 2017 Sunday ,19 February

Apple to start India operations with iPhone SE

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
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