
GAFI chief: Egypt seeks to turn partnership with Italy into joint projects, investments
Awad made the remarks while representing Minister of Investment and Foreign Trade Mohamed Farid Saleh at the closing session of the Egypt-Italy Business Forum, which brought together government officials and business leaders from both countries to discuss ways to deepen economic, investment and trade cooperation and identify new partnership opportunities in priority sectors.
He said the forum underscores the depth of the strategic ties between Egypt and Italy and the significant potential for taking bilateral economic and investment cooperation to a more advanced level.
Italy ranks fourth among foreign investors in Egypt in terms of cumulative investment, with Italian investments totaling around dlrs 23.
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