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Former Minister of Immigration and Ambassador Soha Gendi revealed details about the "Egyptians Abroad Investment" company project, which was established to provide a reliable investment framework for Egyptians residing abroad. The aim was to protect their funds from risks and legal pursuits, while also fostering development within Egypt. She explained that the company was a private sector entity owned by Egyptians abroad, developed in coordination with several ministries, and attracted investments from major business figures. There were plans for expansion through offering shares on the Egyptian and international stock exchanges. Despite the company’s establishment being complete, it ceased its activities after an official decision to freeze it was issued, raising questions about the reasons behind this undisclosed suspension.
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