German investments in Egypt hit $7.4bn – Minister

Cairo – Mubasher: German investments in Egypt reached $7.4 billion, the Egyptian minister of investment and international cooperation said in a statement on Tuesday.

In addition, development cooperation between the two countries is valued at $2.4 billion, Sahar Nasr added.

Nasr, along with other Egyptian ministers, discussed with German officials the means to step up cooperation in several sectors including energy, renewable energy, sustainable development, and infrastructure projects.   

Mubasher Contribution Time: 09-Jul-2019 10:43 (GMT)
Mubasher Last Update Time: 09-Jul-2019 10:47 (GMT)