(MENAFN - Daily News Egypt) Tarek Kabil, Minister of Industry and Trade said that reforms conducted by the government to improve the investment climate are considered the basic foundation for attracting more Arab and foreign investments to the Egyptian market. This came during a large meeting held by the minister on Sunday with members of the joint Egyptian- Jordanian businessmen association in the presence of Hamdi Al Taba'a, chairperson of the Jordanian Businessmen Association (JBA), and Ali Eissa, chairperson of the Egyptian Businessmen Association. The meeting was held to discuss ways of boosting economic and trade cooperation between the two countries in the next phase, especially in light of the changes taking place in the region. 'The law includes a package of incentives and guarantees for encouraging investment in various sectors and geographic regions." Kabil believes that Egypt's relations and trade agreements with various countries and blocs make it one of the most important investment destinations on a regional and international level.

Source: Daily News Egypt January 16, 2017 06:12 UTC