Dar assures full support to Egyptian investments in Pakistan


Mr. Tarek Hamdy, CEO Eighteen –Elite Real Estate called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq at Finance Division on Monday.

SAPM on Finance Mr. Tariq Bajwa, Mr. Saleem Saifullah –Ex Senator, Mr. Saleem Farrukh- Economist and senior officers from Finance Division participated in the meeting.

Mr. Tarek Hamdy, CEO, Eighteen Elite Real Estate briefed the Finance Minister of Company’s profile which is a subsidiary investment project of prominent Egyptian businessman Mr. Naguib Sawiris and his future investment plans in Pakistan.

It was shared that the Egyptian investor has long-standing business relations with Pakistan in telecommunication and real estate sectors and desires to promote this relationship deeper. Mr. Tarek Hamdy, CEO also expressed desire of the Egyptian businessman to invest in other sectors in Pakistan.

Finance Minister Senator Ishaq Dar welcomed and appreciated the contribution of Egyptian businessman Mr. Naguib Sawiris and added that the present government welcomes foreign direct investment and provides conducive environment to the foreign investors.

He further said that present government is providing maximum facilitation and friendly environment to encourage foreign businessmen to avail investment opportunities in Pakistan.

Finance Minister Senator Ishaq Dar committed full support and facilitation to the Egyptian Investments in Pakistan.