Egypt explores airport PPP with South Korea's Incheon Airport Corp    Egyptian pound stable vs. USD at Monday's close    Hisham Talaat Moustafa leads Egyptians in Forbes 2025 travel and tourism list    Egypt, Germany FMs discuss Gaza escalation, humanitarian crisis    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt, Huawei discuss expanding AI, digital healthcare collaboration    Israel's escalating offensive in Gaza claims over 61,000 lives amid growing international pressure    Chinese defence expert dismisses India's claim of downing Pakistani jets    Al Ahly Sabbour, Jedar secure EGP 10bn in YOUD Ras El-Hekma sales within 2 days    Spinneys Ninth Annual Celebration Honoring Egypt's Brightest Graduates    Al-Sisi, Türkiye's FM discuss boosting ties, regional issues    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



President Sisi opens German-Egyptian Economic Forum in Germany
Published in Albawaba on 12 - 06 - 2017

Berlin - The Egyptian head of state is in the German capital for the G20 Africa Partnership conference on 12-13 June.
Sisi's trip to Berlin will give 'fresh boost' to bilateral relations: Egypt envoy
Egypt's Sisi in Berlin Monday for G20, Africa conference
Egypt's President Abdel-Fattah El-Sisi delivered the opening speech at the German-Egyptian Economic Forum in Berlin on Monday, highlighting the range of investment opportunities in Egypt with a view to encouraging further investment in the nation's economy.
Inaugurating the forum, El-Sisi reviewed a range of large-scale development projects conducted by the state, such as the Suez Canal Area Development Project and the construction of a new administrative capital city.
El-Sisi is in Berlin to participate in the G20 Africa Partnership conference on 12-13 June, which focuses on business and investment opportunties in Africa, with the participation of the World Bank and the International Monetary Fund, as well as several African heads of state.
The Egyptian president is set to meet with German Chancellor Angela Merkel later on Monday on the sidelines of her talks with African leaders.
During the G20 conference, El-Sisi is due to deliver a speech about the challenges facing African countries. He will also take part in a panel discussion hosted by Merkel on private investment in infrastructure and partnerships between the private and public sectors.
Egypt and Germany have strengthened economic and political ties over the past few years.
Last November, the first German passenger flight arrived at Sharm El-Sheikh airport, putting an end to the European country's one-year travel ban to the Red Sea resort city after a Russian passenger plane was brought down by a terrorist bomb in Sinai in 2015.
In 2015, German company Siemens signed an eight billion euro ($9.05 billion) deal with Egypt to build gas and wind-power plants.
Germany has also begun supplying Egypt with submarines, in 2016 delivering a submarine built by ThyssenKrupp Marine Systems. Two more submarines destined for Egypt are currently under construction.
Bilateral trade amounted to approximately 5.6 billion euro in 2016, a 10 percent rise from 2015. German investment in Egypt up to January this year stood at nearly $620 million.


Clic here to read the story from its source.