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The Minister of Housing meets with Saudi investors to discuss investment opportunities and joint cooperation


Al-Gazzar: There are great opportunities for investment in Egypt in light of the construction boom that the country is witnessing during the era of President El-Sisi


Chairman of the Saudi-Egyptian Business Council: There are directives from the Saudi Crown Prince to Saudi investors to expand their investments in Egypt

 

Assem Al-Jazzar, Minister of Housing, Utilities and Urban Communities, met with Bandar bin Muhammad Al-Amri, Chairman of the Saudi-Egyptian Business Council, and a number of Saudi investors, to discuss opportunities for joint cooperation, and to present investment opportunities available in various projects in Egypt, in the presence of Ministry of Housing officials.

 

Dr. Assem Al-Jazzar stressed that there are great opportunities for investment in Egypt in light of the construction boom that the country is witnessing during the era of President Abdel Fattah Al-Sisi, and the Egyptian state welcomes investment in various fields by our Saudi brothers, explaining that the Egyptian investor and the Arab investor are treated in the same way, and there is no Any distinction between them, and there will be greater cooperation in the coming period, and we are working to create the appropriate environment for investment.

 

For his part, the head of the Saudi-Egyptian Business Council confirmed that there are directives from Prince Mohammed bin Salman, the Saudi Crown Prince, to Saudi investors to expand their investments in Egypt, adding: We are ready to invest in Egypt, and we have opened an office affiliated with the Saudi-Egyptian Business Council to invest in Egypt, and we invite Saudi investors to invest in Egypt.

 

Bandar bin Muhammad Al-Amri explained that there are great opportunities for investment in Egypt, and there will be investments within two years: the next three years, more than we expect, and we currently have about 150 investors and Saudi businessmen ready to invest in Egypt.

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