24 Hrs
Source:
المصدر
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Suez Zone seeks SPDB ties
The General Authority for the Suez Canal Economic Zone discussed opportunities to cooperate on financing industrial projects and developing infrastructure in the zone during a meeting with a delegation from Shanghai Pudong Development Bank, led by its vice president, Cui Bingwen. The sectors under consideration included wind-power components and equipment, as well as electronics. The bank expressed interest in exploring ways to support Chinese companies seeking to invest in Egypt. It has assets exceeding 10 trillion yuan and ranks 18th globally, while the Egyptian-Chinese TEDA zone is home to more than 200 companies.
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