Egypt Signs $67.7 Billion MoUs with EU Companies ...Egypt

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Egypt Signs $67.7 Billion MoUs with EU Companies
Over the past two days, Egypt has hosted the first Egypt-EU investment Conference in Cairo, which witnessed the signing of 29 agreements and memorandums of understanding (MoUs) as announced on Sunday during the closing session of the conference. The agreements with European Union (EU) companies are worth USD 49 billion, in addition to six additional agreements worth USD 18.7 billion with various alliances and other companies. Egyptian Prime Minister Mostafa Madbouly emphasized that these agreements are part of the Egypt 2030 plan, and align with the European Union’s goals to support the green economy in the coming years. “Our main concern during the coming period is to translate what was sig

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