Egypt’s Emigration minister reveals details behind new expat investment company ...Egypt

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Egypt’s Emigration minister reveals details behind new expat investment company
source : EGYPT INDEPENDENT ( Egypt ) () 116
Minister of Immigration and Egyptian Expatriates Affairs, Soha al-Gendy, revealed the details behind the new investment company in which Egyptians working abroad will participate, with a capital of about one billion dollars. She explained on Saturday that the company will bear the name “Egyptians Abroad Company for Investment and Development,” and that the Zilla Capital Investments Company has been chosen to manage the financial portfolios of this company. This new company is expected to invest in many different projects and commercial activities – including new renewable energy, imports and exports, logistics, natural resources, marble, education, educational institutions and clean energy.

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