In pics: Sisi has luncheon with heads of German, Int’l companies

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Fri, 15 Feb 2019 - 01:51 GMT

BY

Fri, 15 Feb 2019 - 01:51 GMT

PRESS PHOTO

PRESS PHOTO

CAIRO – 15 February 2019: At a luncheon organized for leaders of participant countries at the 2019 Munich Security Conference (MSC 2019), which kicked off Friday, President Abdel Fatah al-Sisi met with CEOs and chiefs of a number of German and international companies, discussing ways of injecting more investments in Egypt, said Egyptian Presidential Spokesperson Bassam Radi in a statement on Friday.

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The luncheon, at which President Sisi was the guest of honor, was attended by MSC Chairman Wolfgang Ischinger, and heads of Deutsche Bank, Commerzbank, Allianz SE, Mercedes-Benz, BMW, Volkswagen, Airbus, Siemens, Saab Group, and Bundesverband der Deutschen Industrie (BDI), Radi added.

He also met with CEOs of a number of international companies of technology, financial service, investment funds, pharmaceuticals, and military, beside representatives of international research organizations, Radi continued.

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President Sisi expressed country’s keenness to set new projects that meets the Egyptian market’s needs, particularly after Egypt opened new markets with the Africans the Europeans through free trade deals.

The president also shed light on the privileges of the new economic reforms, including unprecedented tax and financial incentives and national megaprojects in many fields.

On Thursday, President Sisi met with President and Chief Operating Officer of Rohde and Schwarz group Peter Riedel, discussing cooperating with the company in technology as it is one of the pioneering companies of information and communication technology.

The Munich-based company provides products of securing communication, monitoring and cyber security. Its service network covers more than 70 countries, according to the company’s official website.

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President Sisi arrived in Germany on Thursday to participate in the 2019 Munich Security Conference (MSC 2019) due on Feb. 15-16. Being the chairperson of the African Union, Sisi is set to deliver a speech at the Conference on Saturday to be the first Arab president address this three-day gathering.

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