Egyptian, Austrian investors laud outcome of their meeting with Sisi

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Wed, 19 Dec 2018 - 12:30 GMT

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Wed, 19 Dec 2018 - 12:30 GMT

Austrian President Alexander Van der Bellen receives his Egyptian counterpart Abel Fatah al-Sisi upon his arrival at Vienna

Austrian President Alexander Van der Bellen receives his Egyptian counterpart Abel Fatah al-Sisi upon his arrival at Vienna

VIENNA, 19 Dec 2018: Egyptian and Austrian investors lauded the outcome of their meeting with President Abdel Fattah El Sisi in Vienna early Wednesday.

Speaking to MENA, the investors said Sisi expounded measures Egypt has taken to improve the investment climate and offer all needed facilities to investors.

Head of the Egyptian-Austrian business council Emad Taymour said the investors felt comfortable after their meeting with Sisi as they sensed his desire to increase investments and boost economic cooperation with Austria.

The investors promised to boost economic partnership with Egypt to level up to political relations, he said.

Sherif Azar, member of the council, said the Austrian side will contribute to developing Egyptian railway and transferring needed expertise in operating such a vital utility.

The CEO of an Austrian company lauded the measures taken by Sisi to improve investment climate in Egypt and make it investment-magne

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