BDI chief terms Egypt as promising country

BERLIN - 16 October 2019: President of the Federation of German Industries (BDI) Dieter Kempf described Egypt as a promising country, saying that there are many Egyptian-German cooperation fields.

Egypt has a market that is luring the German investors, Kempf added.

On the sidelines of his meeting here with a delegation of the Federation of Egyptian Industries (FEI), Kempf told MENA that the talks resulted in fruitful outcome.

Egypt is a key strategic and economic partner to Germany and is considered as a bridge that is linking Europe with Africa, Kempf said.

He added that Egypt's presidency of the African Union encouraged German investors to resume business in Africa.

Kempf expressed his optimism over the economic developments in Egypt.