Arab Finance: Egyptian Prime Minister Mostafa Madbouly has met with a delegation of 15 German companies to discuss potential investment opportunities and expansion plans in the Egyptian market over the coming period, according to a statement.
The delegation comprises firms operating in the sectors of engineering and consultation, water pumping systems, hospitality, financial advisory, healthcare, energy, and construction.
During the meeting, Minister of Trade and Industry Ahmed Samir said that the government has ratified several incentives to encourage the localization of these industries, highlighting investment opportunities across 152 different industries in Egypt.
Furthermore, the German delegation expressed their confidence in the Egyptian market, stressing that Egypt is a promising market and a major regional hub in both the Arab World and Africa.