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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Will provide thousands of jobs .. 20 Egyptian-Saudi companies allied to the reconstruction of Iraq

    Rocky
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    Will provide thousands of jobs .. 20 Egyptian-Saudi companies allied to the reconstruction of Iraq Empty Will provide thousands of jobs .. 20 Egyptian-Saudi companies allied to the reconstruction of Iraq

    Post by Rocky Thu 22 Feb 2018, 1:44 am

    [ltr]Will provide thousands of jobs .. 20 Egyptian-Saudi companies allied to the reconstruction of Iraq[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-02-22 at 08:55 (Baghdad time)
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    [ltr]Follow - Mawazine News[/ltr]
    [ltr]Vice President of the Saudi Business Council - Abdullah bin Mahfouz revealed the conclusion of alliances between 20 Saudi and Egyptian companies to begin the rehabilitation and reconstruction of Iraq.[/ltr]
    [ltr]"The alliances between these companies will result in the rehabilitation and provision of jobs for 30,000 Iraqi citizens in the construction projects," the newspaper Okaz said.[/ltr]
    [ltr]"Saudi-Egyptian companies will increase their strength when they are united. Saudi Arabia has capital and expertise in infrastructure. Egyptian companies have skilled hands. They can provide between 15-30 thousand Egyptian workers to work in Iraq," he said. The entry of foreign companies to rebuild Iraq. "[/ltr]
    [ltr]He expected the Saudi-Egyptian companies to start their business within three months, with meetings between the two parties currently underway.[/ltr]
    [ltr]He pointed out that the most prominent Saudi companies qualified in the field of contracting to enter into this alliance are "Bin Laden, Nesma, Al-Muhaidib, Al-Fawzan and Al-Saif." He pointed out that the partnership of these companies with their Egyptian counterpart will result in huge projects.[/ltr]
    [ltr]He described the new Egyptian investment law as "distinctive" and important in the Arab region, as it will help to address all previous investment systems, and that it will not need to change for several years.[/ltr]
    [ltr]He explained that Saudi Arabia is seeking to expand trade and investment exchange with Egypt due to the economic weight of the two countries.[/ltr]
    [ltr]He added that "Egypt has succeeded in supporting tourism opportunities, and implemented many successful tourism projects, and Saudi Arabia has recorded successes in the field of infrastructure and housing."[/ltr]
    [ltr]Bin Mahfouz pointed out that the current time is the best investment in Egypt. There are 4,776 Saudi companies operating in Egypt with investments worth 27 billion dollars. It is useful that Egypt implements an economic reform program in agreement with the International Monetary Fund. , And the State received the first tranche of the loan by $ 2.75 billion out of a total of 12 billion[/ltr]


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