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FINANCIAL NEWS
German firms to enhance business ties with Egypt
20 Apr 2016
(MENAFN) Germany is recently visiting Egypt, which consists of 150 people and firms, involving representatives of 85 companies from all sectors of economy.
Furthermore, Germany is very keen on finding partners in Egypt for photovoltaic, wind energy as well producing renewable energy from biomass.
In addition, there are lots of chances in the market and there is a lot of knowhow on the Egyptian side, therefore a partnership is important to Germany.
The trade exchange between two sides is predicted to reach USD 6.80bn, instead of USD 5.6bn in 2015.
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