Egypt aims to consolidate economic, investment ties with China: President El-SisiCAIRO: Egyptian President Abdel Fattah El-Sisi said his country was keen to consolidate economic and investment cooperation with China and Chinese companies in areas of common interest. His remarks came during a meeting on Saturday with the chairman of the China International Energy Group and his accompanying delegation of senior executives. And he said the Chinese group intended to launch a green hydrogen production project in Egypt with investments ranging between $5 billion and $8 billion. On Wednesday, Egyptian Prime Minister Mostafa Madbouly said attracting investment was a key priority of the Egyptian government. He noted that China was one of Egypt’s main trading partners and hoped China could “become a major investment partner for Egypt.”

Source: Ethiopian News March 11, 2023 21:08 UTC