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Gamea holds cooperation talks with French companies in Paris
11 July 2021  -  Sector :  -  Entity :  -  Category : Trade News

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Meetings with major French companies explored investment opportunities in the Egyptian market.

Paris- July 11, 2021

On her way back home from Senegal, Minister of Trade and Industry Nevine Gamea has held, in Paris, a series of meetings with major French companies to explore investment opportunities in the Egyptian market.

The meetings were organized by the Egyptian Commercial Office in Paris and included: Fives, Alcatel-Lucent and Transdev companies, as well as the head of the French side in the joint business council and officials of the Association du Souvenir de Ferdinand de Lesseps et du Canal de Suez.

According to official figures, Egyptian exports to France grew 11% in January-April 2021 to reach €236,281 million, compared to about €212,050 million last year. Similarly, French investments in Egypt increased 17.9% in the fiscal year 2019/2020 to $349 million, up from $296.1 million in 2018/2019.

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