Skip to main content

Sisi showcases Egypt’s investment potential in Oslo

1 min Mena Today

Egyptian President Abdel Fattah El-Sisi participated in a dinner banquet on Monday with Crown Prince Haakon of Norway and the Norwegian Minister of International Development. 

Oslo, Norway © Mena Today 

Oslo, Norway © Mena Today 

Egyptian President Abdel Fattah El-Sisi participated in a dinner banquet on Monday with Crown Prince Haakon of Norway and the Norwegian Minister of International Development. 

The event, held during President Sisi's state visit to Norway, also included senior executives from leading Norwegian companies and representatives of economic and investment funds.


In his speech, El-Sisi outlined Egypt's efforts to create a more favorable investment climate and to empower the private sector as a driver of economic development. He emphasized that the Egyptian government is actively implementing policies to attract foreign investors by offering incentives and removing obstacles.

"The Egyptian government has adopted an ambitious plan to improve the investment climate and strengthen the role of the private sector in driving economic development," President Sisi said.

The President extended a direct invitation to Norwegian companies and investment funds to expand their presence in the Egyptian market. He encouraged them to build upon existing partnerships and successes achieved through cooperation with major Norwegian companies already active in Egypt.

"I highlighted the great importance the Egyptian government attaches to attracting foreign direct investment," he said.

By Bruno Finel 

Related

United Arab Emirates

UAE denies funnelling mercenaries into Sudan

Human Rights Watch has accused an Abu Dhabi-based security company of recruiting Colombian private military contractors and deploying them to fight alongside Sudan's Rapid Support Forces (RSF) between 2024 and 2025, adding to what the rights group describes as a growing body of evidence of Emirati military support for the paramilitary group.

Sudan

Sudan food crisis deepens as Iran war disrupts harvests

Farmers across Sudan say the hike in global fuel and fertilizer costs resulting from the Iran conflict will force them to cut back on planting this summer, restricting food production in a country where war has caused acute hunger.

Israel

Trump's wildest idea yet: Iran joining the Abraham Accords

In a post published Monday on Truth Social, President Donald Trump issued what amounts to a sweeping diplomatic ultimatum to the Arab and Muslim world: normalise with Israel through the Abraham Accords, or forfeit any role in the Iran agreement he is working to finalise.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.