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FINANCIAL NEWS
Egypt to enhance business ties with Djibouti
28 Mar 2016
(MENAFN) Egypt will launch a new commercial services office in Djibouti, which will tighten the collaboration between the Suez Canal Authority and Djibouti Ports.
Furthermore, Djibout
i is important for Egypt, because of its significant geopolitical role in the region, serving as host to main military installations.
Additionally, on the economic level, Djibouti is one of the African nations with accelerated growth, which is an important logistic center.
Economic collaboration between the two sides will increase in the coming period, as the two presidents have showed notable interest in this venture.
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