Madbouly, Alabbar probe investment opportunities in Egypt

Egyptian Prime Minister and Housing Minister Moustafa Madbouly on Thursday probed with Chairman of Dubai-based Emaar Properties Mohamed Alabbar investment opportunities in Egypt.

At the beginning of the meeting, attended by a number of Emaar board members, Madbouly stressed that Egypt succeeded in creating an attractive climate for investment, either through introducing legislative reforms or modernizing the basic infrastructure.

Also, the prime minister briefed Alabbar on promising investment opportunities in the Egyptian market, saying the government has managed to resolve many problems that faced investors over the past period.

For his part, the Emaar chairman congratulated the premier on assuming post, pointing out that the Emirate group is working on increasing its investment in Egypt.

Source: Egypt Today