Dr. Mahmoud Soliman, member of the Bureau and Board of Directors of the Federation of Egyptian Industries and Chairman of the Committee on Investment and Economic and Financial Policies of the Federation, announced the successful efforts made by the delegation of the committee and invited him to invest in Egypt after clarifying the advantages and size of the Egyptian market.
The group officially announced its intention to inject new investments in Egypt worth half a billion dollars by setting up the groups world-famous hypermarket chain.
Addressing the opening session, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, invited the United Arab Emirates to inject more investments into the Arab Republic of Egypt as well as inviting all investors from around the world to invest in Egypt and expand their investments. .
This was followed by several meetings with investors and businessmen, in which the members of the committee reviewed the legislative, economic and logistical reforms that took place recently in the country through the new investment law and its executive regulations to reach the new infrastructure in addition to the security and economic stability witnessed in the country to stimulate investment and attract new investments to the country.
The efforts of the members of the delegation of the Investment Committee of the Federation of Egyptian Industries culminated in the announcement of the Lulu Foundation to expand its business in Egypt by injecting new investments worth half a billion dollars.