Search
Close this search box.
Search
Close this search box.

MAIN MENU

Cairo Prepares for World Economic Forum Business Meeting

Cairo:Prime Minister Mostafa Madbouly announced that the Egyptian government is overseeing the final preparations for a business meeting to be hosted in Cairo in collaboration with the World Economic Forum (WEF) on November 16–17.

According to State Information Service Egypt, Madbouly emphasized the significance of the meeting as a platform for demonstrating investment opportunities in Egypt and the incentives offered by the state to attract investments. He also underscored efforts to enhance the returns on investments in the country's infrastructure.

The remarks were made during a follow-up meeting on the event's preparations, attended by key figures including Minister of Electricity and Renewable Energy Mahmoud Esmat, Finance Minister Ahmed Kouchouk, and Foreign Minister Badr Abdelatty, among others. The meeting is part of the outcomes of President Abdel Fattah El-Sisi’s participation in the WEF's annual meeting earlier this year, aiming to highlight Egypt's economic prospects and regional role.

Madbouly reiterated the government's dedication to boosting private-sector participation in economic activities. He noted that the involvement of numerous international companies would help explore investment opportunities and Egypt's potential in various sectors.

Foreign Minister Abdelatty reviewed the latest preparations for the meeting, which will include over 70 senior representatives from major international companies. The agenda will feature sessions, discussion forums, and interactive meetings to explore Egypt's economic prospects.

Abdelatty also highlighted the participation of Egyptian companies, which will facilitate engagement and opportunities for joint cooperation with international entities. He expressed that hosting the meeting in Cairo reflects confidence in the Egyptian economy and its potential despite regional and international challenges. Coordination with the WEF has been thorough to ensure the event's success.

POPULAR POSTS