During the press conference, prime minister Madbouly confirmed that the Egyptian government seeks to attract international companies to invest in Egypt.
This emerged as Egypt's largest foreign investment deal, amounting to $35 billion, to develop Ras El Hekma in the North Coast.
A look into how Egypt is navigating and dealing with the challenges that investors face when entering the Egyptian market, and how the government has been eliminating obstacles and promoting the improved business environment.
Egypt attracted more than $96.8 billion in such projects last year, which is close to three times that of its previous record of $34.9 billion in 2016.