• 22:15
  • Friday ,23 January 2015
العربية

Saudi investor: Egypt needs to make substantial changes to investment laws

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Friday ,23 January 2015

Saudi investor: Egypt needs to make substantial changes to investment laws

Bader Al Zahrani, Saudi investor and member of the Egyptian Businessmen Association, demanded the Egyptian government to remove obstacles and bureaucracy before foreign investment in order to encourage businessmen to invest in Egypt. Bader Al Zahrani, Saudi investor and member of the Egyptian Businessmen Association, demanded the Egyptian government to remove obstacles and bureaucracy before foreign investment in order to encourage businessmen to invest in Egypt.

He added that he carries out project in Egypt to convert agricultural waste into paper pulp, which would cost $ 61 million, and provides nearly 3,000 jobs for the people of Egypt and will be so useful for the environment.