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
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
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Prominent Egyptians hailed the election of Abdul El-Sayed as the first Muslim member of the US Senate on Wednesday, though state media paid little notice to the rise of a liberal American who has called his parents' native country a military dictatorship.
Progressive Democrat Abdul El-Sayed declared victory early Wednesday in Michigan’s U.S. Senate race, defeating Republican Mike Rogers and becoming the first Muslim elected to the Senate.
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