09 August 2020 01:31 AM

Immigration, Investment Ministers Sign Coop. Protocol for Encouraging Egyptian Expats' Investment

Monday، 31 July 2017 - 12:46 PM

Minister of Immigration and Egyptian Expatriate Affairs Nabila Makram signed on Sunday a cooperation protocol with Nasr to encourage Egyptian expatriates to pump investments into their homeland.

Under the protocol, a one-stop shop system for investors services will be activated, Nasr said.

The protocol is meant to enhance cooperation between the two ministries to promote investment in the state, Nasr added.

Makram and Nasr had recently discussed means of offering needed facilitation for Egyptian expatriates to do business in Egypt, especially online procedures for founding companies via the ministry's website.

The meeting also addressed means of getting Egyptian expatiates to trade in the Egyptian bourse and organizing awareness sessions for youth in various governorates on the dangers illegal immigration.

Makram and Nasr agreed to link the two ministries' websites, announce the joint services offered by the two ministries and launch promotional campaigns for investment in Egypt.

The two ministers agreed that the executive statute of the investment law should pinpoint the incentives and guarantees to be offered to expatriate Egyptians.   

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