
Visiting Egyptian President Abdel Fattah El Sisi met with the board chairman of Huawei, the Chinese telecommunications giant, which investments hit 240 million dollars in Egypt, said Presidential Spokesman Alaa Youssef.
In statements Wednesday, the spokesman said that the Huawei's chief briefed Sisi on a plan to beef up their investments in Egypt.
The two sides also signed a MoU in the field of Smart electricity meters, he added.
Sisi also met with a number of Chinese tourist companies, during which he listened to several demands of the various tour operators and promised to discuss their demands when he returns to Egypt, according to the spokesman.
The spokesman, meanwhile, said that Sisi visited China's Ruling Communist party, where he was received by the foreign affairs minister along with a host of party officials.
The Chinese officials affirmed the close ties binding Egypt and China and voiced keenness on promoting bilateral ties within the upcoming phase, added the spokesman.
Sisi then headed for the Great Hall of the People, where he met with the Chinese prime minister and discussed with him bilateral ties and ways of further promoting ties.
An agreement was reached to establish a joint teamwork from Egypt and China in order to develop a framework agreement for cooperation between the two sides, said the spokesman.
The spokesman further said that the government is currently preparing feasibility studies for all the proposed projects in order to be reviewed during the economic conference which will be held in Sharm el Sheikh in March.
The Chinese side affirmed support to Egypt to implement its ambitious development plan, the spokesman added.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor