Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on Friday.
Local media reports said that Mustafa Ghaleb met Mohamed Abdel Wahab, CEO of the Egyptian General Authority for Investment and Free Zones and discussed the prospects of the cooperation.
Mustafa Ghaleb praised “the development witnessed by the Arab Republic of Egypt in all sectors, especially the business and investment sector.”
Mohamed Abdel Wahab reviewed the Authority’s achievements and its work plan in light of the new Egyptian investment law.
He explained that “the frequent coordination with brotherly Iraq comes with the aim of activating bilateral cooperation mechanisms in the fields of infrastructure, electricity, and real estate development.”
“Maximizing mutual benefit from the experiences of the two countries in developing economic legislation, in a way that contributes to creating a business environment for investors on both sides”, he added.
He referred to “Egypt’s desire to work in the promising Iraqi market, which has become ready after defeating terrorism.”