Chinese investments in Egypt reach $6 billion
China's Economic and Commercial Counselor
Cairo - Egypt Today
China's Economic and Commercial Counselor at the Chinese Embassy in Cairo Han Bing said the total Chinese investments in Egypt reached six billion dollars, including direct and indirect investments.
These remarks were made Monday during the Egyptian Chinese Business Council, which is organized by the Federation of Egyptian Chambers of Commerce in cooperation with the Chinese Embassy in Cairo.
The counselor, during his speech, referred to Chinese projects in Egypt, especially in the field of infrastructure and energy, including the Chinese trade and industrial zone in northwest the Gulf of Suez.
He said that Egypt adopted the Chinese Yuan in the basket of currencies of Egypt's Central Bank, noting that developing trade relations between both countries has become highly important in order to form strategic partnership.
He lauded stability and economic prosperity in Egypt due to the measures of the economic reform program, which reflected on the increasing Egyptian exports to China.
He pointed out that China seeks to solve the problem of lack of information regarding the specifications and conditions of exported Chinese goods to Egypt, which face the Egyptian businessmen, pledging to solve all obstacles
GMT 08:11 2018 Tuesday ,16 October
Egypt, Cyprus defence ministers discuss regional securityGMT 09:21 2017 Friday ,22 December
Food security worsening in conflict-hit MideastGMT 09:10 2017 Friday ,22 December
Egypt announces probe into torture claimsGMT 10:53 2017 Tuesday ,19 December
Sisi reviews plan to benefit the most from water resourcesGMT 10:45 2017 Tuesday ,19 December
Hisham Arafat witnessed the inking of MoUsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 14:55 2018 Sunday ,07 October
Abu Dhabi schools show a 34 per cent improvement in performance
GMT 13:04 2018 Wednesday ,03 October
Qureshi agreed cooperation with United States
GMT 08:37 2017 Wednesday ,09 August
Gulf diplomatic crisis splits families, dashes dreams
GMT 12:50 2015 Wednesday ,28 January
15 Israeli soldiers killed in Hezbollah missile attack
GMT 11:52 2018 Tuesday ,23 January
Saudi university to open driving school for women
GMT 03:50 2017 Sunday ,23 April
Drought-hit Somalia moves closer
GMT 09:30 2017 Saturday ,08 July
Law enforcement forces in N. Sinai in manhunt
GMT 09:20 2017 Sunday ,29 October
World downhill champion Stuhec out of Olympics
GMT 09:08 2017 Tuesday ,15 August
Iranian drone buzzes US aircraft over Gulf
GMT 10:16 2017 Monday ,27 March
Emaar vs. Amazon: Battle royal for Souq and future of e-commerce
GMT 08:28 2017 Friday ,07 July
Beauty & hair magazine
GMT 13:22 2017 Tuesday ,09 May
Palestinian hunger strike heightens tension with Israel
GMT 04:39 2013 Tuesday ,22 October
The costs of America's retrenchment and Russia's activity
GMT 12:10 2015 Thursday ,26 November
UAE Space Agency launches Planet Mars contest
GMT 14:27 2018 Thursday ,01 November
German businesses support closer EU-Russia ties
GMT 14:39 2018 Monday ,15 October
Russian military helps recover crossing point for Nasib Border between Syria and Jordan
GMT 15:03 2018 Thursday ,11 October
"United States" No Syria reconstruction aid if Iran stays
GMT 06:27 2018 Thursday ,11 October
Hurricane Michael charges into Southeast after slamming north Florida
GMT 14:56 2018 Monday ,08 October
Barca held again as Sevilla lead La Liga
GMT 07:10 2018 Wednesday ,03 October
French police arrest gangster on the run since spectacular escape
GMT 15:25 2013 Thursday ,18 July
Mubadala petroleum sells interest in Petrofac Emirates
GMT 12:18 2015 Monday ,28 September
VW's Audi: 2.1m cars worldwide fitted with emission-cheating software
GMT 22:20 2012 Thursday ,08 November
RMA launches manufacturing plant in Bahrain
GMT 18:27 2014 Saturday ,27 December
Internet outage in area between Cairo, Kafr el-Dawwar
GMT 10:40 2018 Monday ,24 September
South Korea-Japan summit to be held
GMT 07:26 2018 Wednesday ,19 September
Yemen conflict: A million more children face famine, NGO warns
GMT 09:56 2018 Tuesday ,18 September
Gulf Air receives Thales InFlyt Experience officials
GMT 14:44 2018 Monday ,17 September
Khan Al-Ahmar awaits its fate as Israel continues to ‘go wild’
GMT 22:52 2018 Wednesday ,05 September
Porcshe GT3 back for 10th season
GMT 15:01 2016 Monday ,27 June
Oil seen by Crescent Petroleum hitting $60 this year on demand
GMT 10:15 2017 Tuesday ,28 March
EU says Brazil must 'restore trust' in meat exports
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor