A Chinese-Egyptian Economic Forum kick started in Beijing Tuesday for three days, simultaneously with the visit of Egyptian President Mohamed Morsi. A massive delegation of Egyptian businessmen participated in the forum. Mohammed Al Demerdash, who serves as the coordinator of the Egyptian delegation in China, said that the forum will also witness the launch of the Asian-Egyptian Business Forum. The aim of the forum according to Al Demerdash will be to increase investment of Asian countries in Egypt from $500 to $2 billion in the coming three years. Head of the delegation and member of the Muslim Brotherhood Hassan Malek, who also head a committee linking businessmen to the President, said that Egypt have never formed such a diversified business delegation for any visit. The delegation was formed of businessmen from as many as eight fields. The delegation included fields such as the infra-structure, power, water, transport, construction, tourism, petrochemicals as well as weaving. On the other side, some 200 Chinese companies will participate in the conference. Both sides will aim to ink economic agreements that will increase economic cooperation and Chinese investments in Egypt. There were also seven Egyptian cabinet members in the delegation, they were; Minister of Investment Osama Saleh, Minister of Transport Mohammed Rashad, Minister of Industry and Foreign Trade Hatem Saleh, Minister of Communication Hany Mahmoud, Minister of International Cooperation Ashraf Al Araby and finally Minister of Tourism Hisham Za'zou.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor