Egypt and Greece are ready to sign several MoUs on transportation, tourism, double taxation, agriculture, and fish farming, Trade and Industry Minister Tarek Kabil said during a visit to Athens on Thursday, according to Al Masry Al Youm. Kabil agreed with Greek Economy and Development Minister Dimitris Papadimitriou to implement a new strategy to regulate and promote economic cooperation between the two countries, according to a ministry statement. A delegation of Greek construction companies are also expected to visit Egypt soon to look into potential infrastructure projects, Greece’s Alternative Foreign Minister George Katrougkalos told Kabil. The minister also sat down with Greek Tourism Minister Elena Kountoura to discuss implementing previous agreements with Cyprus to increase cruises between the three countries. Kabil met with several Greek firms in the textiles, agricultural, renewable energy, and auto component industries, many of which expressed their interest in investing in Egypt.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…