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Emergency at Cairo airport as $ 50 mln transferred from Switzerland

Sunday 12/March/2017 - 08:19 PM
Sada El Balad
By Alaa Turki

The Cargo Village at Cairo airport on Sunday took strict measures to secure the transfer of $ 50 million coming from Switzerland in favor of a number of leading businessmen and Arab investors to support development projects in Egypt.

The money reached inside 32 parcels on an Emirati Airlines flight No. 927.

Egypt exerts great efforts to regain foreign investments to back its economy.

A week ago، Minister of Investment and International Cooperation، Dr. Sahar Nasr completed a visit to Dubai. She vetted Jabal Ali investment zone on the sidelines of participating in the thirteenth investment forum of the Financial Group (Hermes).

She opened a factory of Al Khaleej sugar company in the zone. The company seeks to establish a factory in Egypt to produce 450 thousand tons of sugar a year، most of that quantity will be from beet.

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