Egypt, Hungary probe boosting railway industry localization

Getty Images

The two sides also discussed ways to boost the private investments in Egypt

Staff Writer, Arab Finance

September 17, 2023

PHOTO

Arab Finance: Egyptian Minister of International Cooperation Rania Al-Mashat has met with the Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó to mull promoting localization of the railway industry in Egypt, according to a statement.

The two sides also discussed ways to boost the private investments in Egypt as well as the activation of the memoranda of understanding (MoUs) signed at the Egyptian-Hungarian joint committee held earlier this year.

This came on the sidelines of Al-Mashat’s visit to Hong Kong to attend the Belt and Road Summit 2023.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.