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Protocol of Co-operation between Egypt and Ajman in the Field of Media Investments
The Egyptian Public Zone of Egypt 39; General Authority for Investment signs a cooperation agreement with Ajman Free Media City
This protocol is part of a fruitful cooperation and in the spirit of fraternal relations existing between Egypt and the UAE in different areas of cooperation and the willingness of both parties to consolidate these relations through cooperation in the field of investment Free Zones
The General Free Zone in Egypt is one of the oldest free zones in the Middle East region, according to Sahar Nasr, Minister of Investment and International Cooperation of Egypt, The region to attract more investment through the provision of benefits and exemptions and incentives for the free zones, as well as the privileged position near the vital places in the country and the l 39; infrastructure provides all the requirements of companies operating in this field.
He stressed that this protocol aims to exchange business opportunities and investment to facilitate cooperation in the field of media investment, manage the free media areas within the limits authorized by the Investment Act and all developments related to the media investment climate of both countries. The establishment of joint projects of investment in the media, as well as the exchange of publications, periodicals and guides for investment and business, which are published by each party.
Encourage the exchange of trade missions and follow-up visits between the two countries, the organization of conferences and seminars on investment in the media and management of free zones, as well as the organization of meetings between investors and companies in both countries.
M. Mahmoud Khalil Al Hashemi, executive director of Ajman Free Media City, said the relationship between Egypt and the UAE is a fraternal relationship, pointing out that Egypt is a pioneer in the media field in the Arab world. Integration of investment in the information field between the two countries.
Ajman Media City aims to place Ajman in a prominent position on the map of media centers in the Gulf and the Middle East by developing and implementing appropriate strategic plans to attract media production companies and media companies. advertising agencies. The city has great potential to achieve its goals.
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