German Investments in Egypt Worth $7.1 BillionSource: www.export-egypt.com 2/5/2019, Location: Africa |
|
|
|
|
 Investment and International Cooperation Minister Sahar Nasr said that German investments in Egypt currently stand at $7.1 billion in different fields with some 1215 German companies operating Egypt.
She detailed that such investments are in the fields of information technology, communication, agricultural services, manufacturing, petrochemicals, engineering and car industries, among others. The minister made her statements on the sidelines of the activities of the Egyptian-German business forum, organized by the German-Arab Chamber Of Industry and Commerce and attended by Trade Minister Amr Nassar, Minister of Petroleum Tariq El Molla and German Federal Minister for Economic Affairs and Energy Peter Altmaier. Nasr urged the German companies to make further investments, asserting the importance of the Egypt-Germany strategic partnership. She pointed out that Egypt, under President Abdel Fattah El Sisi, places high priority on investing in human capital, citing great progress made in implementing the plan of economic development. El Molla affirmed the importance of fostering cooperation and strategic partnership between Egypt and Germany and expressed hope for more partnerships and signing of more agreements to strengthen economic relations between the two countries in the oil, gas and petrochemical domains. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
