FINANCIAL NEWS

Egypt, Lebanon to launch Egyptian firm for exports in Africa

29 May 2016

(MENAFN) Egypt is ready to finish launching the Egyptian-Lebanese firm for enhancing Egyptian exports to Africa in June this year.

Moreover, the firm is set to be established with the value of USD 200mn, which will include 14 shareholders, eight Egyptian businessmen and six Lebanese businessmen.

A group of 40 main Lebanese firms are ready to start its four-day visit to Egypt in which it will visit some industrial zones, including 6th of October City and others.

Egypt eyes on making use of the Lebanese expertise in promoting and dealing with African markets to boost the volume of Egyptian exports there.

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