09/11/1996
Al-Ahram Newspaper 1996/NOVEMBER /09
Egyptian economists and businessmen underline the importance of the Cairo Economic Conference to be kicked off in a few days. Many economic experts say that the international bodies’ recognition of the Egyptian economic growth rates would be a crucial factor in attracting more investments and encouraging foreign investors to implement new projects in Egypt. ( Available in Arabic )
Mamdouh Thabet Mekki, Vice Chairman of the Federation of Egyptian Industries, said it is important for Egyptian businessmen to coordinate efforts amid the fierce competition the conference is expected to witness. Dr. Nader Riad, Member of the Board of the Federation of Egyptian Industries, said that Egyptian economy has become a good example of a promising economy evidenced by the confirmation of the international bodies that Egypt is a candidate to become a member of the group of the world’s major economies. Eng. Ali Helmy Eissa, Chairman of the Egyptian Businessmen Association’s Agriculture Committee, said businessmen are ready to cooperate with investors in a way that benefits the Egyptian economy.