Nasr expounds Egypt's investment opportunities at Riyadh FII

Minister of Investment and International Cooperation Sahar Nasr expounded Egypt's investment opportunities in a session on economic growth policies as part of the proceedings of the Future Investment Initiative hosted by the Saudi Capital Riyadh. 

Addressing the session, Nasr said Egypt aims at luring around dlrs 10 billion in Direct Foreign Investment (FDI) during the current fiscal year 2017-2018, adding that the best investment is that in human cadres whether in education or health fields, according to a statement released by the Investment and International Cooperation Ministry.

She also highlighted the current partnership with US, British and Saudi companies in the sectors of oil, gas and renewable energy as new investments have been established over the past few months.

More than 2,500 figures of influential business characters from more than 60 countries are participating in the three-day conference. 

The Future Investment Initiative (FII) by the Public Investment Fund of Saudi Arabia (PIF) is a pioneering new global investment event that will connect the world’s most powerful investors, business leaders, thought leaders and public officials with the pathbreaking innovations that are defining the future.

Hosted under the patronage of Saudi King Salman bin Abdulaziz Al-Saud, and under the leadership of Crown Prince and Deputy Premier Mohammad bin Salman Al-Saud, who is also the Chairman of the Council of Economic and Development Affairs and Chairman of PIF, the forum will bring together global CEOs and investors with world-leading experts and visionaries from a range of industries, to explore the evolving role of sovereign wealth in driving the next wave of business, innovation, technology and investment.