Egypt, one of the most investment attracting countries

The Arab investors in Egypt stressed their confidence in all the Egyptian government’s procedures and facilities to push investments forward.

During his meeting with Premier Atef Ebeid, Nasser Al-Kharafi, the Chairman of Kuwaiti Kharafi Investment Group, working in Egypt with investments of LE 2.5 billion, affirmed that 90% of his companies' most efficient employment is Egyptian.

"President Mubarak’s wise leadership has realized several achievements and gained the Arab investors’ confidence," Al-Kherafi said.

Ebeid said Egypt welcomes more Arab investments in all fields and opening free trade zones with all the Arab states as a first step on the road of establishing the Arab common market.

Meanwhile, Chairman of the Arab Federation for Development and the Regional Chairman of the European Association for Marketing Abdel Aziz Al-Tarb stressed that Egypt is one of the most attractive foreign investment environments countries as a result of market stability.

He added that paying attention to foreign investments in the Arab states affirms the urgent need for investments to development, referring to the necessity of motivating the Arab investments to enter the Arab markets so as to improve production and export movement.

Al-Tarb commended privileges offered by Egypt to investors in order to increase production and exports to the Arab markets.