September 20, 2024

Emigration minister: We are keen on supporting expatriates’ investments


Minister of State for Emigration and Egyptian Expatriates’ affairs Soha Gendi has expressed her keenness on supporting the investments of the Egyptian expatriates in Egypt and provide additional remittance channels through coordination with Egypt Post and Banque Misr to open accounts for them.

The minister statements came in video link with a number of Egyptian investors abroad and the founders of the Investment Company for Egyptians abroad.

A group of high-profile Egyptian investors abroad will soon establish the investment company to engage the country’s expats in high-return national projects, Gendi said.

Gendi, during the fourth edition of the Egyptians abroad conference in the presence of founders of the expats investment company, expected the company to be established soon.

An online form has been prepared to seek the opinion of the Egyptians abroad about the company’s main fields of work, Gendi said.

Source: State Information Service Egypt