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Iraqi investments in Egypt hit $500m

Iraqi investments in Egypt hit $500m
Egypt’s Minister of Trade and Industry Nevine Gamea

Cairo - Mubasher: Egypt’s Minister of Trade and Industry Nevine Gamea stressed the importance of strengthening the role of the private sector in Egypt and Iraq to boost bilateral economic relations between the two countries. 

Iraq comes in the 25th position among the top countries investing in the Egyptian market with investments of $500 million in 3,500 projects in various sectors, including services, agriculture, industry, consulting, financing, communications and information technology, and tourism, she said in a statement on Monday. 

Gamea, along with the Iraqi Minister of Industry and Minerals, Manhal Aziz, Al Khabbaz, visited the permanent exhibition for Iraqi industrial products at the Baghdad International Fair.