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FINANCIAL NEWS
Germany, Egypt trade exchange grows by USD6.1bn
04 May 2017
(MENAFN) Egypt’s trade exchange with Germany increased by 10 percent to reach USD6.1bn amid last year, proclaimed Minister of Trade.
The Minister made these remarks amid his meeting with German ambassador to Egypt in order to discuss means to expand economic co-op between both nations.
Furthermore, Germany’s investments in Egypt reached almost USD619.2mn until Jan this year, making it the 20th biggest investor.
In addition, Germany is Egypt’s 20th biggest investor, with investments reached almost USD619.2mn covering sectors of chemical goods, cars, communications and others.
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MENAFN0405201700450000ID1095451640
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