Egypt Prepares to Launch Investment Company for Expatriates Abroad

PM Mostafa Madbouly held a meeting Sunday to review the features of the proposal submitted by a number of investors abroad to establish the Egyptians Abroad Investment Company, in the presence of Suha Gendy, Minister of State for Immigration and Egyptians Abroad Affairs, and Mohamed Farid, Chairman of the Financial Regulatory Authority,

The Prime Minister started the meeting by welcoming the attendees, expressing his happiness with this initiative to establish the “Egyptians Abroad for Investment” company.

He said: We are keen that citizens abroad have the opportunity to invest in their country, and they will have priority in projects that are being implemented in various sectors of the country, stressing that he welcomes this approach and that various forms and forms of support will be provided by the government in this regard.