INVESTMENT WATCH- Italian businesses will double their investments in Egypt to EUR 3.2 bn next year, President of the Italian Confederation for Economic Development (CISE) Giuseppe Romano told the local press on the sidelines of the Italian-Egyptian economic forum yesterday. Romano said that the banking, agriculture, manufacturing, and logistics industries will be driving Italian business in Egypt in 2020.

In related news, the Supply Ministry signed nine MoUs with CISE to cooperate on internal trade and setting up logistic zones, according to a Cabinet statement.

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