
President Abdel Fattah El Sisi ordered the formation of a working group to follow up the enforcement of projects and investment contracts reached during the Egypt Economic Development Conference (EEDC), held in Sharm El Sheikh on March 13-15, and coordinating between relevant authorities.
The president made the decision during a meeting Monday with Prime Minister Ibrahim Mahlab, the ministers of industry, planning, petroleum, supply, electricity, finance and international cooperation and the governor of the Central Bank of Egypt.
Sisi thanked all the ministries and institutions that contributed to preparing the projects floated during the economic conference, presidential spokesman Alaa Youssef said.
Sisi underlined that national companies should be given priority in carrying out the investment projects agreed upon during EEDC.
He also stressed that the first phase of establishing the new administrative capital be completed as soon as possible to ease the congestion in Cairo.
The meeting also took up local economic conditions as the president said limited-income brackets should be given special focus and care, the spokesman said.
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor