Net foreign assets represent the difference between a bank’s assets owed by non-residents and its liabilities owed to non-residents.
The agreements were signed by Rania Al-Mashat, Minister of International Cooperation, and Olivér Várhelyi, European Commissioner for Neighborhood and Enlargement.
This strategic initiative aims to tackle the nation's forthcoming population growth by concentrating on establishing unique economic activities and generating substantial job opportunities for the Egyptian youth in the coming decades.