Egypt has plan to increase US dollar proceeds: Official ...Egypt

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Egypt has plan to increase US dollar proceeds: Official
source : EGYPT INDEPENDENT ( Egypt ) () 44
Egyptian cabinet spokesperson Mohamed al-Hommosany announced that the government has a plan to increase US dollar proceeds by raising investments in the field of industry, and providing incentives to attract foreign direct investments there. During a telephone interview with the Extra News satellite channel on Monday, Hommosany said that the state has granted many incentives to foreign and Egyptian investors to develop and deepen industry in various fields and sectors. Industry is a fundamental backbone of the economy, he explained, and the state has plans – such as the strategic directions document for the Egyptian economy discussed during the National Dialogue – to increase Egyptian export

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