{"id":648504,"date":"2017-04-05T04:05:13","date_gmt":"2017-04-05T04:05:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/govt-is-focusing-on-attracting-investments-that-add-value-to-egypt-prime-minister-sherif-ismail\/"},"modified":"2017-04-05T04:05:13","modified_gmt":"2017-04-05T04:05:13","slug":"govt-is-focusing-on-attracting-investments-that-add-value-to-egypt-prime-minister-sherif-ismail","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/govt-is-focusing-on-attracting-investments-that-add-value-to-egypt-prime-minister-sherif-ismail\/","title":{"rendered":"Gov\u2019t is focusing on attracting investments that add value to Egypt: -Prime Minister Sherif Ismail"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Shipping lines that pulled out of Egypt added no value to the economy \u2013PM:<\/strong> The withdrawal of five major shipping lines from the East Port Said Port is not a grave issue or loss for Egypt in terms of investment, Prime Minister Sherif Ismail <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1112859\">said yesterday<\/a>. According to Ismail, the shipping lines were initially attracted to Egypt due to the wide range of incentives offered to them, including free land, low fuel costs, and tax breaks, but did not provide the country with added value significant. The PM stressed that the government is more interested in investments that add value to Egypt\u2019s economy, pointing to the hydrocarbon industry (and Zohr in particular) as well as manufacturing. Ismail also said that Egypt\u2019s foreign debt is within a safe range and stressed the country is committed to its debt service schedule.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shipping lines that pulled out of Egypt added no value to the economy \u2013PM: The withdrawal of five major shipping lines from the East Port Said Port is not a grave issue or loss for Egypt in terms of investment, Prime Minister Sherif Ismail said yesterday. According to Ismail, the shipping lines were initially attracted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-648504","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a3e01962-78df-49f4-a7d5-35155ed5b2ec","order":"0","is_powered_by":true,"section_story_id":"819240e0-5c00-4f7e-84a4-b7ab8e88ed53","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648492],"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>Gov\u2019t is focusing on attracting investments that add value to Egypt: -Prime Minister Sherif Ismail - 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\/2017\/04\/05\/govt-is-focusing-on-attracting-investments-that-add-value-to-egypt-prime-minister-sherif-ismail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t is focusing on attracting investments that add value to Egypt: -Prime Minister Sherif Ismail\" \/>\n<meta property=\"og:description\" content=\"Shipping lines that pulled out of Egypt added no value to the economy \u2013PM: The withdrawal of five major shipping lines from the East Port Said Port is not a grave issue or loss for Egypt in terms of investment, Prime Minister Sherif Ismail said yesterday. 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As we noted on Monday, the budget includes\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":650251,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/house-transport-committee-summons-transportation-minister-over-withdrawal-of-maritime-alliance-from-east-port-said-port\/","url_meta":{"origin":648504,"position":1},"title":"House Transport Committee summons Transportation Minister over withdrawal of maritime alliance from East Port Said port","author":"enterpriseam admin","date":"20 March 2017","format":false,"excerpt":"House to hold hearing on shipping line pullout from East Port Said Port: The House Transportation Committee summoned Transportation Minister Hisham Arafat to discuss next Sunday a move by five major shipping lines to transfer activities to a Greek port rather than continue to serve East Port Said port, according\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":628698,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/sherif-ismail-discusses-oil-and-gas-cooperation-with-adnoc-chief\/","url_meta":{"origin":648504,"position":2},"title":"Sherif Ismail discusses oil and gas cooperation with ADNOC chief","author":"enterpriseam admin","date":"10 May 2018","format":false,"excerpt":"Prime Minister Sherif Ismail met yesterday with the head of the Abu Dhabi National Oil Company (ADNOC) Sultan Jaber, according to a Cabinet statement. The two discussed oil and gas cooperation, as well as increasing Emirati investments in Egypt\u2019s oil refining, petrochemicals, and LNG sectors.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649469,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/33-of-egyptians-approve-of-sherif-ismail-as-prime-minister\/","url_meta":{"origin":648504,"position":3},"title":"33% of Egyptians approve of Sherif Ismail as Prime Minister","author":"enterpriseam admin","date":"1 March 2017","format":false,"excerpt":"33% of Egyptians apparently approved of keeping Sherif Ismail on as prime minister after the latest cabinet shuffle, according to a poll by the Egyptian Center For Public Opinion Research (Baseera) conducted a little over a week after the new cabinet was sworn in. 25% of survey-takers felt that Ismail\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":637354,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/unified-port-fees-implemented-across-egypts-ports-on-a-trial-basis\/","url_meta":{"origin":648504,"position":4},"title":"Unified port fees implemented across Egypt\u2019s ports on a trial basis","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"The Transport Ministry began implementing unified port fees nationwide last month on a trial basis, Transport Minister Hisham Arafat announced yesterday, Al Masry Al Youm reports. Arafat and Suez Canal Economic Zone head Mohab Mamish had agreed on the unification of fees back in June and follows a series of\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":652945,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/23\/pm-ismail-gives-military-production-license-to-enter-pharma-industry\/","url_meta":{"origin":648504,"position":5},"title":"PM Ismail gives Military Production license to enter pharma industry","author":"enterpriseam admin","date":"23 January 2017","format":false,"excerpt":"Prime Minister Sherif Ismail issued a decree granting the Military Production Ministry a license to operate in the pharma industry and establish a company,Al Shorouk reports. 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