Minister Sherif Ismail

Prime Minister Sherif Ismail met on Sunday with Investment Minister Ashraf Salman who presented a report on agreements and memorandums of understands signed during an economic conference on Egypt in March.

Six accords of total investments of 30.215 billion dollars are being implemented in the fields of oil, power and transport, according to the investment minister.

There are five MoUs worth 10.526 billion dollars in the domains of housing and planning.

As many as 22 agreements have been turned into contracts, said the minister.

The premier ordered a comprehensive report to be compiled about impediments hindering the implementation of the agreements.