|23 January, 2020

Bahraini investments in Egypt amount to $3.2bln

These investments are focused on finance, constructions, manufacturing, agriculture, tourism, services, telecom, and information technology

A general view shows pyramids in Giza, on the outskirts of Cairo, Egypt October 26, 2019. Image used for illustrative purpose.

A general view shows pyramids in Giza, on the outskirts of Cairo, Egypt October 26, 2019. Image used for illustrative purpose.

REUTERS/Mohamed Abd El Ghany

Cairo – The value of Bahraini investments in 216 projects in Egypt has reached $3.2 billion, Egyptian trade and industry minister Neven Gamee stated on Thursday.

These investments are focused on finance, constructions, manufacturing, agriculture, tourism, services, telecom, and information technology, Gamee added, according to a statement.

The minister noted that the value of bilateral trade between Egypt and Bahrain recorded $392.5 million during the first nine months of 2019.

Trade exchange between the two countries should be enlarged to match the level of the excellent economic and political relations between them, Gamee said.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).

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.