04 August 2020 04:54 PM

Egypt, Spain mull means to increase investments

Friday، 22 November 2019 - 10:31 AM

Head of the Egyptian Commercial Service Office (ECS) Ahmed Antar has discussed with Spain’s Ambassador to Egypt Ramón Gil Casares means to maximize and increase investments to serve the best interest of both countries.

The ECS said in a statement on Thursday that Antar reviewed Egypt’s recent economic indices, highlighting the successful national reform efforts that have led to achieving economic stability and reducing unemployment and inflation rates.

Such efforts and pro-business reforms have enabled Egypt to occupy the top position as Africa’s most attractive country for foreign investments, Antar added.

The ambassador praised his country’s good relationship with Egypt, hoping that both countries can have further economic cooperation under Egypt’s current chairmanship of the African Union.


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