The Minister of Investment discusses with the CEO of…"Forbes" Cooperation in the implementation of the Forbes International Tower in the Administrative Capital
The Minister of Investment and Foreign Trade, Engineer Hassan Al-Khatib, confirmed that the major international real estate projects in Egypt embody successful partnerships between the public and private sectors, and confirm Egypt’s growing position as a regional center for business and innovation in the Middle East, noting that the government is working to facilitate investment procedures and provide a stable and attractive environment for local investors. And international.
This came, today, Sunday, on the sidelines of the Minister of Investment and Foreign Trade’s participation in the annual meetings of the International Monetary Fund and the World Bank Group in Washington, D.C., Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, held a meeting with Mr. Michael Jalbert, CEO of Forbes International, and Dr. Majed Marei, CEO of Magnum Real Estate. A subsidiary of Rawabi Holding Group and the exclusive real estate developer of Forbes projects in Egypt and the Gulf countries. The meeting witnessed a discussion of ways of cooperation in implementing the Forbes International Tower project in the New Administrative Capital, as it is one of the most prominent international real estate projects that reflects confidence in the Egyptian economy and the attractiveness of the investment environment, especially in light of the continuation of economic and legislative reforms and the development of the infrastructure that supports investment activity. In turn, the CEO of Forbes International expressed his appreciation for what Egypt is witnessing. Economic and investment development, stressing the company’s commitment to expanding its activity in the Egyptian market and highlighting the global success stories of American and Arab companies operating in Egypt, as models for sustainable business growth in emerging markets.
This meeting comes within a series of meetings of the Minister of Investment and Foreign Trade with the leaders of American and international financial institutions in Washington, which aim to strengthen investment partnerships and expand the base Foreign investments in productive and service sectors with high added value.
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