Brussels: Europe and the Arabs
The Arab-Belgian-Luxembourg Chamber of Commerce, in cooperation with the Embassy of Egypt in Brussels, will host a delegation from the Egyptian-Belgian Business Association (EBBA) tomorrow, Monday, October 24, 2022. To participate in the "Multi-Sectoral Business Forum in Egypt and Belgium", which will be followed by the matchmaking event. The forum will speak at the forum, the Ambassador of Al-Madhari in Brussels, Dr. Badr Abdel-Aty, and the Speaker of the Brussels Parliament, Rashid Madran, under the title Understanding the Egyptian market and shouldering unique opportunities for growth and business diversification. To achieve rapid and sustainable growth rates and comprehensive development for Egypt. This program has provided radical solutions to the structural economic problems that the Egyptian economy has been suffering from for many years.
According to its publication, the Arab-Belgian Chamber of Commerce on its website, the implementation of the axes of this program comes within the framework of Egypt’s Vision 2030, which reflects the country’s long-term strategic plan to achieve the principles and goals of sustainable development in all fields and its settlement in various Egyptian state agencies.
According to the same source, the investment climate in Egypt, especially in the past few years, has witnessed many legislative and institutional reforms with the aim of facilitating and simplifying procedures for investors, which contributes to achieving positive results in the field of establishing companies in terms of time, cost and number. of the procedures necessary for the exercise of the activity. As a result of these reforms, Egypt succeeded in achieving a qualitative leap in the Starting a Business Index in the Doing Business 2020 report, ranking 90 instead of 109 in the 2019 report.