{"id":632239,"date":"2018-02-06T04:13:37","date_gmt":"2018-02-06T04:13:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/naguib-calls-on-local-businesses-to-invest-in-egypt\/"},"modified":"2018-02-06T04:13:37","modified_gmt":"2018-02-06T04:13:37","slug":"naguib-calls-on-local-businesses-to-invest-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/naguib-calls-on-local-businesses-to-invest-in-egypt\/","title":{"rendered":"Naguib calls on local businesses to invest in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Naguib calls on domestic businesses to double-down on Egypt:<\/strong> Highprofile businessman Naguib Sawiris urged his domestic peers to invest at home, saying \u201cnow is the best time\u201d to put their money in the country, which enjoys some of the highest returns on investment in the world. In a promotional video for the Investment Ministry, Naguib said that foreign investors look to see how the locals are faring, and that increased domestic investment will aid in luring foreigners. He lauded recent legislation such as the Investment Act for cutting red tape for businesses, as well as development to road infrastructure and increases in energy production for improving the country\u2019s business climate. <a href=\"https:\/\/www.facebook.com\/MIICEgypt\/videos\/1504757232904873\/\"><strong>You can watch the full video here (runtime 1:34)<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naguib calls on domestic businesses to double-down on Egypt: Highprofile businessman Naguib Sawiris urged his domestic peers to invest at home, saying \u201cnow is the best time\u201d to put their money in the country, which enjoys some of the highest returns on investment in the world. In a promotional video for the Investment Ministry, Naguib [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":632240,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cccc3b00-d062-4574-88af-72c9a0e48c85","order":"0","is_powered_by":true,"section_story_id":"d70394af-fd7e-4731-983f-4516b6f0e4f4","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/2\/1941.jpg","photo_position":"above","related_issue":[632222],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Naguib calls on local businesses to invest in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/naguib-calls-on-local-businesses-to-invest-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naguib calls on local businesses to invest in Egypt\" \/>\n<meta property=\"og:description\" content=\"Naguib calls on domestic businesses to double-down on Egypt: Highprofile businessman Naguib Sawiris urged his domestic peers to invest at home, saying \u201cnow is the best time\u201d to put their money in the country, which enjoys some of the highest returns on investment in the world. 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The report claims the celebrity bn\u2019aire spoke with CBE Governor Tarek Amer about creating a class of tier-two lender\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641231,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/naguib-has-no-plans-to-divest-from-north-korea\/","url_meta":{"origin":632239,"position":3},"title":"Naguib has no plans to divest from North Korea","author":"enterpriseam admin","date":"17 September 2017","format":false,"excerpt":"Naguib says North Korea investments not political, has no plans to divest: It\u2019s best not to issue empty threats against North Korea, Naguib Sawiris told CNBC TV in an interview on Thursday. \u201cIf you threaten and you don't act you really look stupid, so it's best not to,\u201d Naguib says.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/9\/1475.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592738,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/naguib-sawiris-replaces-tamer-el-mahdi-as-oih-ceo\/","url_meta":{"origin":632239,"position":4},"title":"Naguib Sawiris replaces Tamer El Mahdi as OIH CEO","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his resignation, effective 31 December 2019,the company said in a bourse disclosure (pdf). 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