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Sunday, 7 November 2021

Maait and UK chancellor talk investment

The UK will try to encourage international financial institutions and investment funds to invest in Egypt, UK Chancellor of the Exchequer Rishi Sunak told Finance Minister Mohamed Maait on the sidelines of COP26 on Friday, the Finance Ministry said in a statement. Sunak said that Egypt has become more attractive to foreign investors thanks to its resilience through the covid pandemic and other external shocks.

The Foreign Ministry and the UN have launched a joint initiative to support migrants and refugees. The Joint Platform for Migrants and Refugees, led by the UN’s office in Egypt and the Egyptian government will bring together authorities, the UN, development institutions, donors and others in a bid to “to enhance coordination, ensure better delivery and mobilize resources to realize long term, sustainable development gains for migrants, refugees, asylum seekers and their host communities,” the UN Refugee Authority said in a statement.

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