President Abdel Fatah al-Sisi and Christian Democratic Union (CDU) Bundestag leader Volker Kaude – Press photoCAIRO – 24 May 2018: President Abdel Fatah al-Sisi received Thursday Christian Democratic Union (CDU) Bundestag leader Volker Kaude, presidential spokesman Bassam Radi announced. Foreign Minister Sameh Shoukry and the German ambassador to Cairo attended the meeting that stressed presidential directives that Egypt is keen on attracting more German investments to Egypt to benefit from the considerable investment potentials in the country. Kaude also expressed keenness to boost joint economic ties with Egypt as he commended the Egyptian economic reform program, which provides wide investment opportunities that would create job opportunities and achieve development in the country. “The Egyptian reform program is deemed a remarkable development by the entire international community,” Kaude said. The ambassador pointed out that Germany provided Egypt with loans and grants worth €1.6 billion to fund renewable energy and water projects.

Source: Egypt Today May 24, 2018 19:30 UTC