Sisi – Egypt Adopts Market Economy, Welcomes Private Investment

President Abdel Fattah Al Sisi said that Egypt, after the June 30 revolution, has opened its doors for serious private investments.

In his address, before the 16th conference of Arab business owners and investors, read out on his behalf by Minister of Supply Khaled Hanafi, the president said Egypt has adopted the market economy and respects commitments of the government and the executive bodies within the framework of the law.

It is necessary to move from the stage of bilateral relations to joint action and head toward foreign markets for the best interest of the Arab countries, he added.

The president expressed optimism over the upcoming economic Sharm el-Sheikh conference as being a start and a turning point for the Arab nation and a better future for the coming generations.

MENA

Source : Egypt State Information Service