The General Authority for Freezones and Investments signed yesterday an MoU with Oman’s Investment Promotion and Export Development Authority for increasing bilateral cooperation and investment, according to an Investment Ministry statement (pdf). The signing came on the sidelines of a meeting between Investment Minister Sahar Nasr and Omani investors. We noted in January talks regarding setting up a joint Egyptian-Omani investment fund, with the Omanis particularly keen on Egypt’s tourism and manufacturing sectors.

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