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Tag Archives: Egypt

China, Egypt pledge to conjoin developing strategies

China is willing to boost cooperation and step up comprehensive strategic partnership with Egypt, a senior Chinese official said here on Thursday. Wang Jiarui, Vice Chairman of the Chinese People’s Political Consultative Conference (CPPCC), made the remarks during his meeting with Egyptian President Abdel-Fattah al-Sisi. “China supports Egypt’s efforts to …

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Egypt, China see great potential for stronger economic ties

With Egypt looking for international investments and stronger economic ties and China continuing its investment overseas, both countries have the potential for stronger economic ties, said Ahmed Al-Nagar, CEO of Egypt’s state-run Ahram organization late Friday. “The two countries plan for economic progress built on peaceful, just and equitable cooperation. …

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China Fortune Land Development Co Ltd, an industrial zone developer and operator, has secured its first project in Africa to build a new industrial city in Egypt’s new administrative capital. Under the government plan, Egypt’s new administrative capital will be located between Cairo and Suez, a city along the Suez …

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Chinese companies boost operations in Egypt

Chinese companies

Chinese companies expand in Egypt More Chinese companies are setting up shop in Egypt or expanding existing operations thereto take advantage of opportunities presented by the Belt and Road Initiative, as well as the nation’s prime location and rich resources, executives said. While such a move helps Chinese firms cut …

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