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Investment Minister discusses with Emirati businessperson increasing investments in mining field in Egypt - Daily News Egypt

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Investment Minister discusses with Emirati businessperson increasing investments in mining field in Egypt

Saeed Al Thani praised the investment climate in Egypt 

The Minister of Investment and International Cooperation, Sahar Nasr, has met with Emirati businessperson, Abdullah Saeed Al Thani, the chairperson of Thani Dubai Mining company, at the headquarters of the Investment Ministry in order to discuss increasing his investments in Egypt in the field of gold mining and exploration, according to a report issued by the Ministry of Investment on Sunday.

Nasr and Saeed Al Thani have also discussed removing any obstacles that the Emirati investments may face.

The Emirati company is currently working in gold exploration operations in the area of Wadi Houdein in the Eastern Desert, in coordination with the Ministry of Petroleum, according to the report.

Abdullah Saeed Al Thani has praised the noticeable improvement in the investment climate in Egypt, noting that it now encourages investors to expand.

The Investment Minister has pointed out that her ministry is working on the final touches on Egypt’s inclusive investment map, in coordination with various ministries. The map includes all investment opportunities across the country.

She said that some of the investment projects include the investment opportunities in the field of mining, the Suez Canal Economic Zone (SCZone), New Alamain, and in fields such as tourism, housing, industry and agriculture.

Sahar Nasr also pointed out that it is amongst her top priorities to take the necessary measures to provide an even more attractive investment climate and improve the business environment in general. This, according to Nasr, is happening through creating the legislative and institutional framework necessary for enhancing the efforts to result in economy advancement.

She added that her ministry is coordinating with the Minister of Petroleum in order to increase the volume of investments in this vital sector which can support the Egyptian economy greatly.

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