During the fourth annual conference organized by the association, on Monday, Saber suggested supporting the Egyptian economy under the title “Yes we can”. He asked the government to find simplified mechanisms that would allow Egyptian expatriates to set up joint stock companies that invest in the project of the “1.5 million acres” and in agricultural, industrial and tourism projects. Saber pointed out that Egyptian expatriates contribution to the economy is currently limited to buying land and real estate in Egypt. He suggested expanding their areas of contribution, saying that remittances of Egyptian expatriates could increase from $18 billion to $28 billion by providing Egyptians with facilities for investments and money transfers, he added.
Source: Egypt independent