At the close of 3-day conference
Egypt agrees $36.2bn in investment deals
Egyptian PM Ibrahim Mahlab
Sharm el-Sheikh - Arab Today
Egyptian Prime Minister Ibrahim Mahlab announced Sunday that his country agreed $36.2 billion (34.5 billion euros) in investment deals, at the close of a three-day conference to kick start the economy.
The conference, which started with Arab Gulf countries pledging $12 billion in investments and aid, is seen by the government as a ringing endorsement of President Abdel Fattah al-Sisi and his fight against Islamist militants.
Source: AFP
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