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FINANCIAL NEWS
Egypt, China sign deal to finish 18 projects
13 Jul 2016
(MENAFN) Egypt and China signed an agreement on behalf of the Egyptian government with the Chinese vice minister of Commerce and Development to execute 18 projects.
Additionally, the agreement plans to grow the capacity of both sides using funds from China going to high priority industries like electricity and housing.
Accordingly, China confirmed to establish a textile city and of building governmental facilities in the New Administrative Capital.
Moreover, these investment projects will make new chances for employment and will advance China’s position from the 23rd largest investor to Egypt to be the 10.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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