20 January 2019 03:35 PM

Cairo, Rome ink €45m deal to support Egyptian private sector

Saturday، 08 December 2018 - 03:28 PM

Minister of Investment and International Cooperation Sahar Nasr and Italian Ambassador in Cairo Giampaolo Cantini signed a deal on Saturday to support the development of Egypt’s private sector with total investments of €45 million.

The deal, signed on the sidelines of Africa 2018 Forum, will contribute to supporting Egypt’s private sector via training programs and technical support for small and medium enterprises.

Nasr said the deal will support the government’s plan to provide a good atmosphere for the private sector in a way that guarantees development and comprehensive growth for it.

She also lauded Italy’s keenness to support empowering the Egyptian youth, through either injecting investments or financing development programs.

Meanwhile, the Italian ambassador asserted the strength of Cairo-Rome partnership at the political, economic and cultural levels.

He added that cooperation will continue between Italy and Egypt to open up job opportunities for the Egyptian young people.

MENA

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