UK to Support Investment in Egypt With £13 MillionSource: www.export-egypt.com 9/16/2019, Location: Africa |
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British Secretary of State for Middle East and North Africa Andrew Morrison said that the UK will provide Egypt with £13 million through the World Bank as part of a four-year extension of a technical support programme worth £15 million.
During a meeting with Egypt's Minister of Investment and International Cooperation Sahar Nasr ,Morrison said that this will bolster Egypt's economic opportunities, encourage investment in the country, and boost inclusive economic growth. Nasr said that the UK is the biggest investor in the domestic market in Egypt with $47.4 billion through 1,816 British companies. |
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