The Iraqi – Egyptian Joint economic Cooperation

The Iraqi – Egyptian Joint economic Cooperation

The National Investment Commission is expecting to receive a delegation of Egyptian companies within the few forthcoming months; the companies’ representatives who are interested in various investment sectors like housing, pharmaceuticals, textile industry shall meet with their counterparts from the Iraqi Public and Private sectors according to a memorandum of understanding to activate the economic cooperation between the two sides. On the other hand, NIC delegation visited Egypt in 6-18.Feb. 2010 to participate in the training course held in the Investment Ministry Leaders Center in Egypt to train government employees on developing and upgrading human capacities and other topics relevant to investment , insurance, securities and free zones.
Dr. Ashraf – head of the center of the Egyptian Investment Commission opened the course with a welcoming speech followed by a thanking one by Mr. Abdul Razaq Alsaady and a brief for the 15-day program presented by Mr. Abdullah Al- Bander.
The program included topics like (The Strategic Management Challenges, The characteristics of the Modern manager and the major factors affecting the individual performance, Investment Zones as one of the Investment catigories, Governance and social responsibility of organizations, Developing Investment services and Business Environment, Visiting the Free Zone in Alexandria, investment services branch and some of the big factories in the area, attracting foreign direct investments and encouraging local investments, investment in provinces, investment map and investment policies)
Dr. Mahmood Muhyee – Minister of Investment, attended training course ending ceremony when he talked about investment in Egypt and his last visit to Iraq, Mr. Abdullah Al- Bander in turn thanked him on behalf of Dr. Sami Al- Araji – Chairman of NIC.