Egypt-China Committee Addresses Business Issues
The General Authority for Investment and Free Zones of Egypt held its first meeting of the Egyptian-Chinese Committee to strengthen economic and investment relations between the two countries. The CEO explained that the number of Chinese-invested companies in Egypt totals around 3,366 firms operating across various sectors such as textiles, solar energy, chemical industries, and automobile manufacturing. During the meeting, challenges facing Chinese companies in Egypt were discussed, and an agreement was reached to implement measures to facilitate operations and resolve issues in coordination with government authorities. The Chinese ambassador emphasized the importance of direct dialogue to support the expansion of Chinese companies in Egypt and to encourage more investors to take advantage of the available economic opportunities.
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