Egypt's President Abdel-Fattah El-Sisi and his Chinese counterpart Xi Jinping have signed Thursday in Cairo 21 cooperation deals to boost bilateral ties, Al-Bawaba Newsreported. The two leaders witnessed the signing of 21 technical and economic deals including one to build a new administrative capital and another to develop an industrial and commercial hub around Egypt's Suez Canal. China will also lend Egypt's central bank $1 billion to help improve its foreign reserves.