Tuesday April 23rd, 2024
Download The SceneNow App

The First British Investors Forum Launches in Cairo with 15 Companies to Discuss Investment in Egypt

The forum was hosted at the British Embassy in Cairo featuring the Egyptian Minister of Investment Sahar Nasr.

Staff Writer

Egyptian Minister of Investment Sahar Nasr joined Sir Geoffrey Adams, British Ambassador in Egypt, and fifteen leading British companies for the first British Investors Forum, hosted at the British Embassy in Cairo.

Key investors including BP Egypt, HSBC, Vodafone Egypt, Shell, Unilever, AstraZeneca, and GSK, have participated in the forum to discuss their future investment plans and identify methods to improve in the Egyptian business market. Representatives from the Egyptian Ministry of Investment and the UK’s Department for International Trade also attended the forum.

“Egypt is keen to increase its cooperation with the UK, in light of the promising investment opportunities in the market. I call on British companies to increase their investments in Egypt, which amounts to 47.8 billion dollars with 1817 British companies operating in Egypt. I also invite British companies to participate in the Africa Forum 2019, which will be held under the auspices of President Abdel Fattah El Sisi, during the period from 22 to 23 November 2019,” says Nasr.

The Forum, which will take place in Cairo’s New Administrative Capital, will be attended by a number of Heads of State and Ministers from Africa, as well as a number of businessmen and investors from all around the world.

The attendees also discussed Egypt’s participation in the upcoming Africa Investment Summit in London, which will bring together businesses, governments, and international institutions to empower the potential for investment opportunities and job creation across Africa.

“As Egypt’s leading investor, the UK was keen to create a channel of communication with leading British companies through the British Investors’ Forum. This open dialogue will ensure we continue working together to invest in Egypt’s human capital and achieve our shared prosperity goals,” says Adams.

×

Be the first to know

Download

The SceneNow App