President, CEO of Elsewedy Electric shows interest to invest in Pakistan

News Image

MG News | February 17, 2021 at 09:57 AM GMT+05:00

0:00

February 17, 2021: Foreign Minister Shah Mahmood Qureshi has urged Egyptian companies to benefit from ample investment opportunities in Pakistan in various sectors, including the construction of houses, energy, and health.

He was talking to a delegation of distinguished Egyptian businessmen and entrepreneurs, who called on him in Cairo.

The Foreign Minister assured the Egyptian investors and businessmen of the government’s every possible cooperation and facilitation in their profit-oriented business and investment activities in Pakistan.

He said Pakistan’s improved rating in terms of ease of doing business at the international level depicts full confidence of the international community in the policies of the present government.

He said the existing brotherly relations between Pakistan and Egypt can be translated into strong bilateral trade and economic ties by exploring the true investment potential.

Representatives of the Egyptian companies expressed their interest in investment in Pakistan’s healthcare, energy and construction sectors.

President, CEO of Elsewedy Electric shows interest to invest in Pakistan

President and CEO of renowned Egyptian company Elsewedy Electric Ahmed Elsewedy also called on Foreign Minister Shah Mahmood Qureshi in Cairo and showed the company’s interest of investment in Pakistan.  

Talking to him, the Foreign Minister said Pakistan is an emerging market, and business companies from around the world are showing interest in investment in Pakistan due to the prudent economic policies of the government.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 135,939.87
307.74M
-0.41%
-562.67
ALLSHR 84,600.38
877.08M
-0.56%
-479.52
KSE30 41,373.68
101.15M
-0.43%
-178.94
KMI30 191,069.98
82.45M
-1.17%
-2260.79
KMIALLSHR 55,738.07
422.01M
-1.03%
-577.24
BKTi 38,489.75
45.79M
-0.02%
-8.33
OGTi 27,788.15
6.87M
-1.24%
-350.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,720.00 120,695.00
116,090.00
-3515.00
-2.92%
BRENT CRUDE 68.84 69.41
68.60
-0.37
-0.53%
RICHARDS BAY COAL MONTHLY 96.50 96.50
96.50
0.50
0.52%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.25
-2.05
-1.92%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.70 67.13
66.22
-0.28
-0.42%
SUGAR #11 WORLD 16.56 16.61
16.25
0.26
1.60%

Chart of the Day


Latest News
July 15, 2025 at 05:46 PM GMT+05:00

Labubu Mania drives Pop Mart’s profit surge


July 15, 2025 at 05:22 PM GMT+05:00

Big industry output rises 2.29% in May


July 15, 2025 at 04:22 PM GMT+05:00

SYS set for 71% profit surge on global tailwinds



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg