Page 9 - Issue 59

ELITE
Vol.1

Issue 59

September As a union, we take this matter upon ourselves as On the contrary, the Gulf countries provide
much as our capabilities allow, because we are a more money, but with it comes the
2023 central association that does not have a political impossibility of obtaining citizenship for the

character, but our support for the policy of our country to which they immigrate, which
country comes from our desire to link Egyptians makes the immigrant keen to save his
with their homeland, and our desire to avoid their money knowing that he must return to his
isolation and complete separation from it. One of country one day after the end of his service.
the mechanisms by which we achieve this is to These are the main sources of transfers
introduce them to ways of investing in it, instead from Egyptians abroad and those we rely
of investing their money in Britain or Georgia or on mainly in the subject of investment,
any other country, but investing in their country. more than immigrants from Europe and
Because all immigrants have roots and relatives in America, who are less present in the issue of
Egypt, father and mother and uncle and uncle, investment except for a few. Therefore, one
they are related to the moral part if they are of our practical roles in the Union is to
unable to return and live in Egypt. Because I, activate the investment process. And in
with my great love for Egypt, ask some why I do that, we cooperated with the new
not return and settle in it, I answer them that we administrative capital and signed a protocol
are all very fateful, we believe in God Almighty, with the Falcons Association to provide
whether we are Muslims or Christians or even any units at certain fixed prices for members of
other religion. We know very well that everything the Union, without the Union having any
is a fate from God, “and no soul knows in which profit from them, of course. We signed
land it will die.” God Almighty said this verse another protocol with the Agricultural
knowing that people will spread on earth, and Bank at the time of the coronavirus
each of them has his written livelihood in the pandemic when all Egyptians in the Gulf
place where he finds himself. When I graduated returned to Egypt and the young people
from college and I was still young, it was fate that who traveled as foreign labor because the
caused me to go to Britain. This is fate for all pandemic meant stopping all work and thus
people, including my children who grew up there, cutting off their source of livelihood. The
and my connection to me there, but this does not result was the return of all these to Egypt
deny or diminish my connection to my beloved with their savings, and the Agricultural
homeland Egypt. For example, I come to Egypt Bank provided them according to this
many times in one year, including a very long protocol with agricultural lands and loans
time, which is the current, and all our conferences at a rate of 75% of the project, providing a
and online seminars invite public figures and feasibility study and all the services required
specialists in investment. I remember from them for the piece of land, and the loan interest
Professor Dr. Fakhry El-Fiqi, a member of the was around 3%.
House of Representatives and head of the Plan
and Budget Committee, who gave several We cooperated with state institutions in
seminars to us, we invited all those interested in many matters in many projects related to
the investment file. the state of agricultural lands and
greenhouses and others, and I cooperated
And we know them very well, because investment with many to use and rent these
is not within the reach of all Egyptians abroad, greenhouses. And the motive behind all this
and the percentage that falls in countries such as is our national sense that pushes us to invest
America, Australia, and Europe does not exceed and own in our homeland. And from my
2 or 3% of their total. European policy does not point of view, if the Union does not have
encourage saving, but rather a decent life within any work other than activating investment,
the state’s policies, which aim to make the citizen then this alone is enough as a message for it.
8 in constant need of it to ensure his life.