MoUs
Among several agreements, worth a total of $1.1 billion, signed at the Forum on China-Africa Cooperation on Friday, Egypt’s Information Technology Industry Development Agency (ITIDA) and China signed off on five major memoranda of understanding (MoUs).
During the three-day Forum on China-Africa Cooperation in Beijing, Egypt and China signed agreements with Chinese companies totaling over $1.1 billion
Egyptian Ambassador to Harare met with Vice-President of Zimbabwe Constantino Chiwenga.
The MoUs and agreements aim to boost bilateral cooperation in the fields of reducing carbon emissions, digital transformation, supporting sustainability and crude oil marketing.
Azerbaijani President Ilham Aliyev has praised the comprehensive approach that Egypt has followed in its war against terrorism by addressing the roots of the problem through economic and social development and the fight against extremist thought that leads to terrorism.
Egypt and Azerbaijan signed on Saturday a number of MoUs between the relevant government sectors of the two countries in the fields of culture and water resources in the presence of the two countries’ leaders.
In a meeting in the Azerbaijani capital of Baku on Saturday, Sisi and Aliyev also witnessed the signing of a number of MoUs between the relevant government sectors of the two countries in the fields of culture and water resources, the Egyptian Presidency said in a statement.
Madbouli's remarks came during his meeting on Thursday with Iraqi Ambassador in Cairo Ahmed Nayef Al-Delimi.
These MoUs come after the government had earlier signed other 16 ones related to green hydrogen projects concentrated in the Suez Canal economic zone, and nine of them were converted into framework agreements in November.
Many MoUs with global and international firms were signed in less than a year.
The General Secretariat of the Iraqi Council of Ministers announced that an Iraqi delegation would visit Cairo next month to begin activating the memoranda of understanding earlier signed between Egypt and Iraq.
The deals included an agreement between the Arab Organization for Industrialization (AOI) and the National Academy of Sciences of Belarus.
This came on the sidelines of the second edition of the FinTech Conference "Seamless North Africa 2019".
The ambassador noted that one of the MoUs will be signed with China Development Government Bank, pointing out that it is related to development, construction and consultative cooperation.
President Abdel Fatah al-Sisi announced that an Egyptian-Austrian committee will convene in 2019 to identify files of mutual interest.
A wrap-up for the most prominent business news of the day.
President Sisi and his French counterpart Emmanuel Macron witnessed the signing of a number of MoUs and agreements worth €400 million.
