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Greek investments in Egypt exceed $2bn end 2018

Greek investments in Egypt exceed $2bn end 2018
Vice chairman of Egypt-Greece Business Council Medhat Stefanos

By: Mohamed Mowafy

Cairo – Mubasher: Greek investments in the Egyptian market exceeded $2 billion at the end of 2018, the vice chairman of Egypt-Greece Business Council Medhat Stefanos told Mubasher.

Greek investments in the most populous Arab nation are pumped into several sectors, including food industries, cement, finance, industry, services, construction, tourism, agriculture, communications, and information technology (IT), Stefanos said.

It is noteworthy that on Tuesday, Egypt hosts the seventh tripartite summit with Cyprus and Greece to explore the possible means for cooperation.