“Swedish Connections” expands in Egypt

Swedish Connections Company will inaugurate a new branch in Hurghada next April to attract tourism and to open the doors to Swedish investment.

The board’s chairman, Kadry Al Naggar, said that inaugurating a new branch in Hurghada will attract the Swedish investor who has the monetary and technological possibilities to encourage investment and tourism in Egypt; as a kind of interrelation between Sweden and Egypt.

Al Naggar mentioned that the company will organize a tourism fair in Sweden next November, in participation with 40 Egyptian companies in different fields to be the biggest fair in Sweden. It was also decided to include a fair for Tut Ankh Amon depending on sound and light show; as this event will be perfectly prepared to be watched by Europe.

He said the company works in all investment fields, commercial consultations and tourism investments.

He added, the company has a regional branch in Dubai and it considered as the only deputy of JP Weber which invests in Islamic Banks in all world’s countries. The Swedish company has branches in Hungary, Poland, Dubai and Sweden; whereas the company works since 7 years in Dubai.

Al Naggar explained that he started to think over inaugurating a branch in Egypt especially after Jan 25 revolution; expecting that Egypt will gain world’s interest in future investments fields.