Egypt

PM: National Investment Forum to convene in 1st half of 2024

Prime Minister Mostafa Madbouly said that the National Investment Forum is due to convene in the first half of 2024, a step which affirms the State’s commitment to implementing its economic reform program and enhance the role of the private sector in economic activities along with putting into effect the State Ownership Policy Document.

The premier’s remarks were made during a meeting held late Sunday with the higher ministerial committee for organization of the National Investment Forum.

Minister of Electricity Mohamed Shaker, Minister of Oil Tarek al-Molla, Minister of Planning and Economic Development Hala al-Saeed, Minister of International Cooperation Rania al-Mashat, Minister of Finance Mohamed Maait and Chairperson of the Suez Canal Economic Zone (SCZone) Walid Gamal Eldin attended the meeting.

Madbouli said the decision to organize the forum was taken by the Supreme Council for Investments chaired by President Abdel Fattah al-Sisi in its first meeting after its reformation.

In statements on Monday, Cabinet Spokesman Nader Saad said the meeting of the ministerial committee for organization of the National Investment Forum discussed a galaxy of issues pertaining to enhancing green economy, localizing industry, business entrepreneurship, among other issues.

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