Egyptian Minister of State for Emigration Affairs Soha El-Gendi said Egyptian expatriates are one of the pillars of Egyptian national security and the ministry is keen on enhancing their bonds with the homeland and benefit from their expertise in different domains.
In a video-conferencing meeting with members of the Egyptian communities in Japan and South Korea, the minister referred to the ministry’s keenness on constantly upgrading the data base of Egyptian expatriates and merge them within the country’s soft powers to draw on their expertise and engage them in the current overall development process in the country.
The meeting comes as part of “An hour with the Minister” initiative that aims at boosting expats’ links to homeland and iron our any hurdle that might face them.
She talked about the formation of a scientific committee grouping intellectual property experts from the two Egyptian communities in Japan and South Korea as well as Egyptian experts from other countries to work within the ministry’s Council of Experts and Scholars and the Council of Young Experts and Scientists affiliated with the Medsi Centre.
The committee aims at mulling measures to protect intellectual property rights in Egypt.
She stressed the ministry’s keenness to listen to the expats’ rich proposals and ideas, reviewing the incentives the Ministry has provided so far in co-operation with Egyptian ministries and state institutions to serve expats, including the expat car import initiative, which was extended until April 28, 2024.
She also expounded efforts to set up an investment company for Egyptian expats to be totally managed by experienced expats without any interference from the State.
Expats will be able to buy shares in the company, she said, adding that the company will be a joint stock company that operates in various fields, including agriculture, tourism, and industry.
The founding group and the board of the company has been already named as well as legal and financial consultancy offices.
Source: The Egyptian Gazette
