El Sisi meets South Korean business delegation: President Abdel Fattah El Sisi yesterday met a delegation of South Korean multinationals in town for the Egypt-Korea Business Council, and urged them to step up their investments in Egypt, according to an Ittihadiya statement. We noted yesterday that 20 South Korean firms — including Samsung, LG, Hyundai Rotem and POSCO — expressed interest in investing in Egypt’s manufacturing and energy sectors during the forum. Companies operating in real estate and tourism are also looking to partner with the Egyptian private sector.

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