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Abou El-Enein: Gov’t Needs to Develop Working Paper on Problems, Challenges Facing Investors


Wed 19 Oct 2022 | 03:53 PM
Abou El-Enein
Abou El-Enein
Nada Mustafa

Chairman of the Egyptian-European Business council, Mohamed Abou El-Enein, President of the Investors Division of the Federation of the Egyptian Chambers of Commerce said that the government needs to develop a working paper on the problems and challenges facing investors.

In his word, during the division’s meeting, Abou El-Enein pointed out that the current world vision has changed from previous periods, adding,”10 years ago, we were talking about globalization, and now we are talking about the regional center."

Moreover, the Prominent businessman stressed that the past events, starting from Coronavirus to the Russian-Ukrainian crisis, showed the need to talk about the surrounding regional conditions, which countries began to focus on.

He also shed light on the importance of businessmen’s role in finding, creating, promoting opportunities, and presenting them to the world in a new way.

In addition, Abou El-Enein explained that there are many countries that have set their goals and developed all methods and possibilities to achieve them.

He also pointed out that some countries have provided incentives to investors, whether local or foreign, to attract them, and some countries have also worked to localize future industries, as well as giving incentives to export operations, and industries which gives an added value to the raw materials.