Presidency of the
Council of Ministers
IDAL participated as a co-organizer in the 2nd Lebanese - Egyptian Business Forum held in Cairo on November 10, 2015. The “Opportunities of developing trade, investment and services between Egypt and Lebanon” session was chaired by IDAL`s Chairman Nabil Itani , who declared that Lebanon is ranked 15th among 150 countries investing in Egypt, with investments totaling to USD 3.7 billion.
Within its efforts to set a national initiative to attract Lebanese expatriates investments, IDAL received a delegation from the MIEUX program, which will provide technical advice and expertise on linking between diaspora and local development.
The delegation comprised an expert from the European Union, Mr. George Portugal (Portuguese presidential advisor and member of the emigrant Council), Mrs. Thelma Harris of Connect Ireland, and Mr. Noisad Hodewala of MIEUX program.
The Chairman of IDAL Eng. Nabil Itani, along with the Board member M. Wassim Audi and a delegation of the agency, visited the new buildings of the “Hawa Chicken” project where they were briefed on the functioning of the existing facilities in Anfeh, an expansion of the Safra factory. They were updated on the techniques used in the manufacturing of chicken according to the international standards regarding environmental protection and food safety. The volume of investment in the plant is $ 52.6 million, and aims to double the production capacity to meet local market needs.