The expansion will open a new phase of investment in key sectors including renewable energy, automotive manufacturing, textiles and chemical fibers.
Xi Jinping said China is ready to work with Egypt to strengthen their comprehensive strategic partnership and support the two countries’ development and modernization efforts.
The working group will develop the FRA’s strategy on gender equality and equal opportunities, while monitoring women’s representation on the boards of companies and entities regulated by the authority.
The discussions took place during a meeting between Minister of Planning and Economic Development Ahmed Rostom and Ary Naïm, IFC Regional Director for North Africa and the Horn of Africa.
This came in an article published by the Middle East News Agency (MENA) marking the 70th anniversary of Egypt-China diplomatic relations.