Egypt is Willing to Help the Investors, Mainly in Tourism, Says the PM

 Monday, April 25, 2022

Prime Minister of Egypt, Mr. Mostafa Madbouly, has recently made things clear in terms of government’s willingness to make matters easy for investors and to beat the impediments they might experience in order to make their investments bigger in the Egyptian market.


Also, the Prime Minister explained that developing tourism is one of the priorities of the Egyptian state with a mission to make the most of the country’s tourism and archaeological potentials of Egypt.


These remarks of the PM came while he was attending a meeting with the Minister of Tourism and Antiquities, Khaled El-Anany and Minister of Housing, Utilities, and Urban Communities, Assem Al-Gazzar, to reconsider many proposed projects by Al-Dhow Group.


The Chairperson of Al-Dhow Group, Basel Saad, in the meeting, pinpointed Egypt’s many proposed investment areas which comprised the development of hotel and conference centre. The new hotel will be near the Grand Egyptian Museum, he said. He also emphasized that it will be designed in an international architectural style that compete the design of the museum to upgrade the area surrounding the Egyptian Museum and the Pyramids of Giza.


Saad also reassessed the ‘Al-Ahram Heights Project’, in the same context, emphasizing that the group implemented, operated, and opened a Hyatt Regency Hotel with 250 hotel rooms and suites.

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