Friday 27 Dec
Hisham Talaat Moustafa, CEO of Talaat Moustafa Holding Group (TMG), proposed a collaborative approach to address Egypt's ongoing dollar crisis during a meeting with Prime Minister Dr. Moustafa Madbouly. He suggested enlisting the expertise of successful individuals from various sectors to contribute to effective solutions.
During the meeting, which convened with a group of investors and businessmen on Wednesday evening, Hisham Talaat requested the formation of a committee dedicated to examining and optimizing corporate financing structures.
He emphasized that the scarcity
of foreign currency, particularly the US dollar, presents a significant
obstacle to Egypt's economic progress. He further asserted that overcoming this
problem requires finding effective solutions. He believes that by effectively
addressing this challenge, the nation can achieve substantial economic growth
and development.
On Wednesday evening, the Prime
Minister convened a meeting with leading businessmen and investors from diverse
sectors. The objective was to review the private sector's challenges and gather
their input on government actions to support economic growth in the coming year.
This meeting follows a series of discussions the Prime Minister has held with
journalists and intellectuals.
Madbouly highlighted the importance of this meeting with prominent private sector leaders, emphasizing the need for input from various sectors, including industry, tourism, and agriculture. He stated that the goal is to identify Egypt's key needs and swiftly implement solutions.
