Egyptian Prime Minister Mostafa Madbouly on Friday witnessed a billion dollar project signing ceremony in the Chinese capital Beijing, on the sidelines of the China-Africa Cooperation Forum. The Egyptian Prime Minister’s office in a statement explained that the Suez Canal economic zone in Egypt has signed contracts worth US$1.067 billion for a package of projects to manufacture chemicals, food products and renewable energy components during the China-Africa Cooperation Forum. A contract was signed with the “Shandong Tianyi Chemical” company in the economic zone of the Suez Canal, which aims to establish a global industrial complex to extract the bromine material by relying on the use of sea
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