{"id":623471,"date":"2018-10-31T04:18:36","date_gmt":"2018-10-31T04:18:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/egypt-germany-sign-eur-129-cooperation-protocol-as-sisi-meets-merkel-in-berlin\/"},"modified":"2018-10-31T04:18:36","modified_gmt":"2018-10-31T04:18:36","slug":"egypt-germany-sign-eur-129-cooperation-protocol-as-sisi-meets-merkel-in-berlin","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/egypt-germany-sign-eur-129-cooperation-protocol-as-sisi-meets-merkel-in-berlin\/","title":{"rendered":"Egypt, Germany sign EUR 129 cooperation protocol as Sisi meets Merkel in Berlin"},"content":{"rendered":"

Egypt and Germany signed a four-year economic cooperation protocol yesterday worth EUR 129 mn, <\/strong>according to an Investment Ministry statement<\/a>. Of the total, EUR 45 mn will be allocated to economic development initiatives, while EUR 43 mn will be spent on energy projects, and EUR 39 mn on water-related projects, and another EUR 2 mn on youth-targeted projects. The two sides also signed MoUs that cover vocational training and scientific research, as well as an agreement to establish a German university for applied sciences<\/a> at the new administrative capital.<\/p>\n

Siemens AG CEO Joe Kaeser had plenty of nice things to say about Egypt<\/strong> and efforts to revitalize the economy and improve infrastructure, Egypt Today reports<\/a>. Kaeser\u2019s comments came in his speech yesterday addressing the G20 Africa Investment Summit in Berlin<\/a>, where President Abdel Fattah El Sisi was in attendance, alongside 11 other African leaders<\/a> and heads of major international organizations.<\/p>\n

This came as German Chancellor Angela Merkel pledged yesterday to establish a new African-focused development fund <\/strong>that would \u201ctackle unemployment in Africa,\u201d which she sees as a main reason behind illegal migration to Europe, Reuters says<\/a>. Illegal migration was among the issues that came up during El Sisi\u2019s talks with Merkel yesterday, which focused mainly on bilateral cooperation across the board, as well as regional issues, Ittihadiya said in a statement<\/a>. (For background on Africa\u2019s unemployment problem, see yesterday\u2019s Worth Reading<\/a>.)<\/p>\n

El Sisi\u2019s visit to Germany had the talking heads buzzing, <\/strong>with coverage yesterday on Yadhoth fi Masr (watch, runtime: 2:37<\/a>), Hona Al Asema (watch, runtime: 9:27<\/a>), Masaa DMC (watch here, runtime: 6:16<\/a>, here, runtime: 7:52<\/a>, and here, runtime: 1:01:18<\/a>), and Al Hayah Al Youm (watch here, runtime: 11:12<\/a> and here, runtime: 7:44<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt and Germany signed a four-year economic cooperation protocol yesterday worth EUR 129 mn, according to an Investment Ministry statement. Of the total, EUR 45 mn will be allocated to economic development initiatives, while EUR 43 mn will be spent on energy projects, and EUR 39 mn on water-related projects, and another EUR 2 mn […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[96,168,72,481,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623471","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-abdel-fattah-el-sisi","tag-diplomacy","tag-enterpriseam","tag-germany","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e21da4ce-30ae-476d-9104-223fa8ac6015","order":"0","is_powered_by":true,"section_story_id":"556ce351-fd0f-4580-8119-c1b0a25e8bd2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623456],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, Germany sign EUR 129 cooperation protocol as Sisi meets Merkel in Berlin - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/egypt-germany-sign-eur-129-cooperation-protocol-as-sisi-meets-merkel-in-berlin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Germany sign EUR 129 cooperation protocol as Sisi meets Merkel in Berlin\" \/>\n<meta property=\"og:description\" content=\"Egypt and Germany signed a four-year economic cooperation protocol yesterday worth EUR 129 mn, according to an Investment Ministry statement. 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The agreements include a EUR 23.4 mn funding and technical assistance package for German development agency GIZ to implement education\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":665988,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/27\/egypt-germany-sign-eur-118-mn-financing-agreement\/","url_meta":{"origin":623471,"position":5},"title":"Egypt, Germany sign EUR 118 mn financing agreement","author":"enterpriseam admin","date":"27 May 2025","format":false,"excerpt":"The two sides also signed a EUR 21 mn debt swap agreement","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=623471"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623471\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623456"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623471"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623471"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}