Cairo – Mubasher: The second edition of the International Business Expo (BiznEX) held in Egypt has witnessed the signing of deals involving Egyptian, Saudi, and UAE investments worth $225 million, up by $75 million from the previous year, Marwan Abdel Razek, member of the Cairo Chamber of Commerce said.

Biznex attracts governmental, financial, commercial, and real estate bodies, including the General Authority For Investment and Free Zones (GAFI), the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), and the Industrial Modernization Centre (IMC), head of Franchisingate, which organizes BiznEX, added in a statement on Sunday. 

The value of deals signed by GCC companies at the second edition of BiznEX doubled to $100 million from $50 million in the first edition, president of Arab Union for Investment and Real Estate Development, Ahmed Al Sudain, revealed.