Housing min. meets Saudi investors in Riyadh

Housing Minister Mostafa Madboly met with a number of Saudi businessmen and investors on the sidelines of the conference of Arab housing ministers, which was held in Ryadh.

In a statement on Thursday, the ministry said Madboly reviewed available investment opportunities and real estate business in Egypt.

Madboly said the Egyptian market is open to all investors, highlighting that the new investment law will include a number of incentives to lure Arab investors to pump investments into Egypt.

Saudi investors expressed desire to have new investments in Egypt and expand current projects.

They also praised facilities provided by the ministry to encourage businessmen to invest in Egypt.

Source: MENA