Bin Eissa Al Jaber Says To Continue, Increase Investments In Egypt
Sheikh Mohamed Bin Issa Al- Jaber expressed on Wednesday his appreciation for Egyptian Prosecutor General’s verdict adding that “he was always confident of the justice and impartiality of the Egyptian judiciary as he was confident of his own innocence from the fabricated allegations”
Sheikh Al- Jaber reiterated and stressed his sincere feelings of admiration and appreciation for Egypt, which was his main incentive to divert many of his investments and the headquarters of his companies to Egypt.
The Supreme Public Funds Prosecutor has reached a verdict on Tuesday to exonerate Sheikh Mohamed Bin Issa Al Jaber of any infringement of public money. The verdict announced by the Head of Appeals Attorney General for Supreme Public Funds Prosecutor ruled out any suspicious dealings or acts of aggression with regard to public money and directed to record the findings in the administrative complaints register. It followed that the decision refraining Sheikh Mohamed Bin Issa Al Jaber from disposing dealing with his assets stands annulled.
Moreover, Al-Jaber confirmed that he would continue and increase his investments , especially at this critical stage, in which Egypt needs combined efforts to improve its economy, adding that he is in the process of injecting more investment funds into the Egyptian market.
It should be noted that Sheikh Mohamed Bin Issa Al Jaber is the founder and sponsor of the MBI Al Jaber Foundation a UK registered charity, based in London, which awarded many Egyptian youth free scholarships, with a total spent in the region of about 700 million pounds to enable them to study I and further their education n the most prestigious British and European universities over the past ten years.
The foundation is sponsoring and supporting Arab students and provides them with unparalleled opportunities to attain international levels of education. Sheikh Al-Jaber who is reputed for being a leading philanthropist in the field of education and humanitarian causes , this prompted UNESCO to appoint him as its Special Envoy.
