Egypt is an important future destination for investments and its market has always been the most important among Arab Markets.
The most important question these days and the most discussed; Where is Egypt heading economically in the accounts of Arab and foreign investors? The Lebanese businessman Ghais Makhlouf, the Chief Executive and Chairman of the International Balance Group Of Companies, said that Egypt has been and remains the most important market in the Arab world and a serious future destination for every investor wishing to have a presence in the Egyptian market.
Moreover, the Egyptian market is a huge consumer market and can absorb production projects that can not be affected by the competition as long as the products are offered at reasonable prices and good quality. As Egypt is witnessing the implementation of an economic plan, it means this country will reach its economical plan.
However, this is what awaits most businessmen wishing to enter this market who are also contemplated to be accompanied by the enactment of new modern laws facilitate the investor’s work and at the same time to present Egypt to the list of economic growth striking balance required between the rights of foreign investors and duties and the rights and duties of the state.
Ghais Makhlouf added that we were not far from the Egyptian market, even though we did not enter it with direct investments, but did bring us a number of potential investors of its businesses the best relations of cooperation in several commercial areas and we received many invitations that we will soon get to visit Egypt and start to develop an investment plan with a number of types of projects that the Egyptian market needs.
We hope that our future entry into this market is good for our group and great for Egypt.
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