France's MEDEF delegation in Cairo next week

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Thu, 08 Mar 2018 - 11:50 GMT

BY

Thu, 08 Mar 2018 - 11:50 GMT

Tourism accounts for around 10 percent of Italy's GDP and has become a significant engine of growth AFP/Tiziana FABI

Tourism accounts for around 10 percent of Italy's GDP and has become a significant engine of growth AFP/Tiziana FABI

CAIRO - 8 March 2018: A delegation of the French Business Confederation (MEDEF: the Mouvement des entreprises de France) will visit Egypt on March 12-13.

A statement by the French embassy in Cairo on Thursday said the delegation is led by Chairman of MEDEF's Task Force Numérique (TFN) Marc Rennard, who is also Deputy CEO, Customer Experience at Orange SA.

The visit aims at meeting the Egyptian authorities' goals to increase the digital sector's contribution to the gross domestic product (GDP) by 8 percent by 2020.

MEDEF International aims at promoting the French companies' know-how abroad through collective actions, and its delegation's visit to Egypt will include meetings with Finance Minister Amr el Garhi, Minister of ICT Yasser el Qadi, Governor of the Central Bank of Egypt Tareq Amer and representatives of the private sector interested in the field of digital economy.

MEDEF International supports trade, technologic cooperation and investments, long-term partnerships, especially on emerging and developing markets as well as reconstruction markets.

It gathers every year about 7,100 French companies already operating in the world, in 85 Business Councils headed by 55 CEOs of major international French companies.

MEDEF International fosters improvement in the governance and business climate of the countries where French companies are established.

It suggests to the governments concrete solutions to the issues faced by companies, through various initiatives, including the business councils –platforms to discuss with policymakers, decision-makers and partners and providing public authorities with business environment survey.

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