Egyptian tycoon keen to invest in Pakistan
PHOTO: FILE
In a meeting with Federal Minister for Finance and Revenue Ishaq Dar on Monday, Chief Executive Officer (CEO) of Egyptian company, Eighteen Elite Real-Estate, Tarek Hamdy expressed a keen desire to invest in Pakistan.
Briefing the finance minister on the company’s profile, a subsidiary investment project of prominent Egyptian businessman Naguib Sawiris, and his future investment plans for Pakistan, he said, “Egyptian investors have long-standing business relations with Pakistan in the fields of telecommunications and real-estate, and are keen to deepen these relations.”
Hamdy added that Egyptian businessmen were looking to invest in other sectors in Pakistan too. Appreciating the contribution of Egyptian businessmen, Dar said the government welcomes foreign direct investment and affirmed the government’s commitment to providing a conducive environment for foreign investors.
Published in The Express Tribune, December 20th, 2022.
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