Cairo - MENA
Investment Minister Sahar Nasr discussed with representatives from Saudi Arabia's Fawaz Alhokair Group means of boosting investments in Egypt.
The Saudi group team expressed desire to inject more investments into Egypt with an aim to set up three shopping malls in the administrative capital, New Cairo and Tanta.
The talks also tackled ways of finalizing the second stage of the Mall of Arabia in the Sixth of October City.
The minister welcomed increasing the investments of the Saudi group in Egypt, stressing that taking measures for securing a proper investment climate represented a top priority.
She said the ministry is keen on giving momentum to the private sector and encouraging Arab investors to boost investments in Egypt.
She noted that an investment map is being drawn up in coordination with all the ministries to highlight investment opportunities in various governorates.