FEDCOC
The minister met with delegates from the General Federation of Egyptian Chambers of Commerce (FEDCOC), and its president, Ahmed El Wakil
Arabi lauded the swift measures taken by the government to control prices amid the current global fluctuations in goods' prices.
In a press release, he added that this comes as commodities are available in stores, ports, also were shipped during the past period or other shipments expected to arrive in the upcoming period.
Minister of Public Business Sector Hesham Tawfik, witnessed the launch of the "Digital Future" initiative by the General Federation of Chambers of Commerce.
FEDCOC said the initiative comes to urge the citizens to stay home and avoid crowds to contain the spread of the virus.
Araby said increasing cooperation, exchanging information and exploring trade and investment opportunities in Egypt and Portugal lead to establishing partnerships between Egyptian and Portuguese businessmen.
Providing an appropriate legislative infrastructure to improve the business environment is on the top of the government's priorities, she added.
Egyptian exports to Brazil amounted to 542,068 tons of goods with a total value of $135.98 million, and the total trade exchange hit about $927.5 million.
Arabi said Sunday Brazil's food exports to the Arab world, which stand at dlrs 100 billion annually, represent 11% of the total Arab imports.
Mohamed el Fayoumy won the post of the secretary of FEDCOC fund and Mohamed Abul Qassem won the post of assistant secretary of the fund.
Presidents of 100 major Saudi companies will attend the meeting which aims at devising a plan to promote trade and investment relations between Egypt and Saudi Arabia.
The German side are welcome to invest in many fields including information technology, communication, agricultural services, manufacturing, petrochemicals, engineering and car industries, Wakil said.
Finance Minister Mohamed Maait decided on Thursday to form three committees to solve financiers' problems.
The two sides mulled also establishing new investment partnerships in various sectors.
Wakil's remarks came on Wednesday during a Russian-African forum.
The protocol was signed by chairman of the Federation of Egyptian Chambers of Commerce Ahmed el Wakil and his Tatarstan counterpart.
Ezz further underscored that a logistic hub will be established in each governorate, adding that other centers will be constructed on the borders with Libya and Sudan.
Egypt is undergoing an economic revival thanks to the state-adopted economic reform program that aims at pushing up growth rates and luring more investments, Wakil said.
The Federation of Egyptian Chambers of Commerce (FEDCOC) organizes an Egyptian-Polish business forum due to be held on Sunday.
Chairman of Federation of Egyptian Chambers of Commerce said that 22 regional projects have been implemented in cooperation with the European Union.
