Arab Today, arab today germany carrying out investments in egypt is investing in future
Last Updated : GMT 15:44:08
Arab Today, arab today
Arab Today, arab today

Germany: Carrying out investments in Egypt is investing in future

Arab Today, arab today

Arab Today, arab today Germany: Carrying out investments in Egypt is investing in future

Egypt's Ambassador to Germany Mohamed Hegazy
Berlin - MENA

Egypt seeks to attain economic stability and Germany sees that carrying out investments in Egypt is actually investing in the future, said Egypt's Ambassador to Germany Mohamed Hegazy.

In exclusive statements to MENA correspondent here, Hegazy further said that Germany referred to Egypt's role as crucial in the stability of the Middle East.

Berlin is an important economic partner for Cairo, Hegazy said, adding that the volume of trade exchange between the two countries stands at 4.5 billion euros.

The ambassador noted that this figure was attained in 2014, adding that the German companies invest by about 2 billion euros in Egypt.

He also pointed out to the debt exchange program, which was presented by the German Chancellor to Egypt in 2011 and worth 240 million euros.

The first tranche, worth 80 million euros, involved development, irrigation, sanitary drainage and infrastructure projects, he noted.

The ambassador expected that the visit of President Abdel Fattah El Sisi to Germany will witness the signing of several agreements on the sidelines of the Egyptian-German business council and the business and economic committee of Egypt and Germany, which will be chaired by Trade and Industry Minister Mounir Fakhry Abdel Nour and the German economy minister.

The ambassador also pointed out to the four agreements with German Siemens, which will add 11,000 megawatts to Egypt's electricity grid.

He also referred to the agreement in which Egypt was picked as a partner for Germany in the International agricultural exhibition, which is considered one of the most important agriculture exhibition worldwide.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today germany carrying out investments in egypt is investing in future Arab Today, arab today germany carrying out investments in egypt is investing in future

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday