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Mostafa Madbouly: Government Committed to Enhancing the Private Sector's Role and Increasing Its Participation in Various Economic Activities

Mostafa Madbouly: Government Committed to Enhancing the Private Sector's Role and Increasing Its Participation in Various Economic Activities
Qiyas summary

Prime Minister Mostafa Madbouly and Foreign Minister Badr Abdelatty emphasized the importance of the dedicated business meeting in Egypt to boost investments and attract global companies.

Translated by Qiyas from الأنباء — Original source

Dr. Mostafa Madbouly, Prime Minister, affirmed the government’s commitment to strengthening the role of private-sector institutions and increasing their participation rates across various economic activities. He noted that a large number of global companies are participating in the business-focused session of the meeting held in Egypt, which is organized in cooperation with the World Economic Forum on the 16th and 17th of this month.

Speaking while chairing a meeting to follow up on final preparations and arrangements for Cairo’s hosting of the event, Dr. Madbouly said it would help explore and showcase many promising investment opportunities, highlighting Egypt’s strong fundamentals and potential across numerous sectors. He emphasized that the meeting serves as a platform to present investment opportunities in various fields and sectors, as well as the facilitations and incentives offered by the Egyptian state.

For his part, Dr. Badr Abdelatty, Minister of Foreign Affairs, stressed that holding this important meeting in Cairo reflects confidence in the Egyptian economy and its capacity to confront regional and international challenges, while still offering promising investment opportunities despite these challenges. Dr. Abdelatty noted that the meeting would see the participation of a select group of chairs and CEOs of major international companies operating in various fields, adding that more than 70 senior representatives from these companies are expected to attend.

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