The Ambassador of Greece to Cairo, Michel Christos Diamisis, said that Egypt is a close partner and a friendly neighboring country to Greece, pointing out that the volume of Greek investments in Egypt is about one billion euros for the last fiscal year. He stressed that bilateral relations have greatly developed in the last ten years. Diamisis added that the close cooperation between Egypt and Greece is clear and continuous, and that Greek investments in Egypt have now reached about one billion euros; adding that these investments play a prominent role in backing Egypt's national economy and providing employment opportunities for Egyptians. He referred to the great role of the Egyptian and Greek expatriate communities in boosting bilateral relations. He pointed out that his country is now an attractive destination for foreign investment, saying that the number of tourists to Greece reached 27.5 million individuals in 2016.

Source: Egypt Independent March 27, 2017 09:33 UTC