Egypt is major financial region player, minister
Egypt, Economics, 6/8/2006

"Volume of foreign direct investments surged up to 5% of the gross domestic product (GDP) over the last five years,"said Egypt's Minister of Investment Mahmoud Mohie Eddinaddressing the World Investment Conference currently in session in La Baule City, Western France.

He added that choosing Egypt as an "honor guest" this year is a new testimony to Egypt's economy success and its role in the region.

Mohie Eddin reviewed promising investment opportunities in Egypt as well as the steps taken by the Egyptian government in the economic and investment fields.

Mohie Eddin also reviewed the reform measures taken by the Egyptian government in customs and taxes domain.

He pointed out that Egypt is qualified to be the biggest financial center in the Middle East region during the coming period.

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