Egypt working on creating attractive environment for investors

This will enhance the country’s national economic structure, create more job opportunities, push the production cycle forward, uplift citizens’ living standards, and improve the quality of services extended to them, according to Maait.

This came during a meeting Maait held on Monday with Al-Nugali to discuss the investment opportunities Egypt has and showcase the government’s efforts to boost partnership with the private sector.

During the meeting, Maait informed Al-Nugali about Egypt’s structural and legislative improvements, including the new automation project for the customs and taxation systems for the sake of businesspersons and easing internal and external trade flow.

He also told Al-Nugali that there is ample room for Saudi investors to tap the investment opportunities Egypt provides, adding that Egypt is willing to benefit from the investments the Saudi Public Investment Fund (PIF) provides in order to enhance the country’s inclusive and sustainable development.