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Abou El-Enein: Investors can benefit from many projects in Africa

Basant Ahmed TV presenter Ahmed Moussa shed light on the speech of Parliament deputy speaker MP Mohamed Abou El Enein at Sixth QINGDAO Multinationals Summit in China, during "On My Responsibility" program, broadcast on Sada El Balad satellite channel. Abou El-Enein stressed that foreign investors can benefit from many projects in Africa. He noted that the free trade agreement among Europe, Egypt, and Africa benefits nearly 2 billion people, commenting: "Foreign companies can enjoy the same privileges as local companies." MP Mohamed Abou El-Enein explained that the Egyptian state is working on expanding urban space to 20% of the total area, while providing facilities to increase international trade, especially in ports. He added that Egypt welcomes all investors in technologies, hydrogen, the green economy, and artificial intelligence products. 'I am pleased to inform you that Egypt is safe, and this is a good opportunity for foreign investors to add value to leading projects in China," the Parliament deputy speaker stressed. He pointed out that Egypt has huge discoveries, such as copper and some other minerals, adding: "The international company Eni has invested $13 billion in discoveries in Egypt. "Some companies have achieved profits of 400% annually, and the door is open for investors," Abou El-Enein revealed. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean