Cairo – Mubasher: Egyptian President, Abdel Fattah El-Sisi and British Foreign Secretary, Boris Johnson, have finalised a $150 million loan guarantee agreement, the British embassy in Cairo said Saturday.

"The UK and Egypt have many shared interests, we are Egypt's top economic partner and strong allies against terrorism and extremist ideas," Johnson said in a statement.

“I look forward to continuing to strengthen the close relationship between our two countries,” he added.

The UK’s investments in Egypt amounted to about EGP 30 billion from 2011 till now.