The meeting discussed
the AAAID’s expansion plans in Egypt.
Oct 28, 2021
of Trade and Industry Nevine Gamea has met with Mohamed Bin Obaid al-Mazrooei, chairman
of the Arab Authority for Agricultural Investment and Development (AAAID), and
his accompanying delegation, where they discussed the Authority’s current and
future projects in Egypt.
ministry is keen to enhance cooperation with all Arab investment entities,”
Gamea said, pointing tothe huge incentive packages offered by the government
to investors in the local market.
top investment sectors include: agricultural manufacturing by 48%, animal
production by 25%, plant production by 23% and services by 4%.