Investors Discuss Today Launch of Investment Firm for Suez Canal Development

Egyptian Union For Investors Associations will be holding today a meeting to discuss the steps to establish an investment firm for the  Suez Canal Axis Development Project with EGP one billion initial investments.

Mohamed Farid Khamis, Chairman the  Union asserted that the meeting will discuss the next actual steps for launching the firm.

He has informed Amwal Al Ghad in an exclusive that it is schedule to launch the holding firm with EGP2 billion, as the Shareholders represent 50% and the businessmen are 50%.

Farid has pointed out that the businessman Mounir Ghabbour will take over the meeting today, with the presence of all the members of the Union.

The board of directors of the Union comprised several numbers of businessmen such as Eng. Safwan Thabet –the CEO of Juhayna Food Industries, Dr. Hassan Rateb the Chairman of Sama Group Co.