Chambers of Commerce: Fitch's rating report Increases investor confidence in the local market

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Wednesday - 27 November 2019 - 2:31 PM

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Ibrahim El-Araby, Chairman of the General Federation of Chambers of Commerce and Chairman of Cairo Chamber of Commerce, said that Fitch's rating report is a new and important evidence of confidence that reflects the positive economic reform program, and the reform measures taken by the Egyptian government are on right track.

 

El-Araby praised the Egyptian government's commitment to complete the economic reform program and its economic plans that enhance Egypt's regional and global position, increase production and provide more jobs.

 

El-Araby expected that the Improvement of the Egyptian economy will increase the next stage in light of the diversified economic reform implemented by the state and in which the private sector cooperates with the government in order to achieve higher production rates and supporting industry and export, he also expected to increase the positive classification For the Egyptian economy of international institutions especially in the coming period.

 

To view the report :