News

Egypt wants to hold investment forum in Brazil

01 de junho de 2016

São Paulo – The Arab Brazilian Chamber of Commerce and the General Authority For Investment and Free Zones (Gafi) are in talks to hold an Egypt Investment Forum in September in Brazil.

Arab Chamber CEO Michel Alaby and Government Relations manager Tamer Mansour discussed the subject with the head of Gafi’s Investment Promotion Sector, Eva Seddik, at a meeting this Monday (31) in Cairo.

The goal of the forum is to encourage Brazilian enterprises to invest in Egypt through presentations of business opportunities, matchmaking events, technical visits, and the revival of the Brazil-Egypt Business Council.

Last weekend, Alaby and Mansour attended a conference on investments in Egypt, hosted by the local government and the General Union of Arab Chambers of Commerce, Industry and Agriculture.

The Arab Chamber executives also met with Hanny Ezzat Basiouny, head of the Americas Department at Egyptian Commercial Service, an arm of the Ministry of Trade and Industry tasked with managing commercial overseas promotion offices such as the one in São Paulo.

Alaby and Mansour, alongside the Arab Chamber’s IT manager Marcos Bulgarelli, also sat through several technical meetings at the General Organization for Exports and Imports Control (Goeic).

They discussed the mandatory registration required from companies in order to export to Egypt, and the online issuance of export certificates.

*Translated by Gabriel Pomerancblum