First international club for businessmen established in Egypt

The World Trade Center in Cairo decided establishing the first international club for businessmen and those who desire to establish joint projects inside Egypt.

Usama Foad, the manager of the center, told ArabicNews.com that he expects 500 members including important Arab and Egyptian businessmen as well as foreign businessmen working in Egypt and that this club will be created as an Egyptian holding company aiming at creating a network of commercial and investment relations between Egypt and many countries that have a large share of trade and investment with Egypt in light of the developing role of the private sector.

Foad said the new club will be linked to more than 322 centers for international trade and establish an integral data network about investment opportunities and exports for the external markets.