Egypt asks US business delegation to invest in its social safety net programmes
Egypt’s social solidarity minister has asked representatives of a number of leading US companies to invest in its social safety programmes, describing the country as “vibrant” in terms of opportunities.
In a special session held in Cairo by AmCham Egypt, the US Chamber of Commerce, and the US-Egypt Business Council on Tuesday, Minister Ghada Wali urged a visiting US business delegation to invest in programmes introduced by her ministry to curb poverty.
Over 100 senior executives of almost 50 leading American companies were part of the mission to Egypt to “underscore the continued commitment and unwavering support of the American business community to Egypt’s long-term stability and economic development; as well as to explore prospective business opportunities,” according to AmCham.