Egypt PM: Boosting Resources of Foreign Currencies Tops Government's Priorities
Egyptian Prime Minister Atef Ebeid ha said that increasing the country's resources of foreign currencies leads the government's priorities.
Egypt Online quoted Ebeid as saying that that the government “considers the banking system a partner to increase financial resources and foreign currency to activate the wheel of investment and economic performance and provide new job opportunities.”
The premier’s remarks came during a visit last week to the Abu-Dhabi National Bank in Cairo, said the news service.
“The visit reflects the close relationship between Egypt and the United Arab Emirates the foundations of which were laid by President Hosni Mubarak and Sheikh Zayed Ben Sultan, Head of the United Arab Emirates, for the stability and welfare of the two peoples,” he said.
Ebeid, meanwhile, said that there were several fields for investment in Egypt, foremost among which are information technology and communications, petrochemicals and natural gas in which the banking system can make an-effective contribution – Albawaba.com
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