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Arab-German Chamber of Commerce to open regional office in Cairo

Arab-German Chamber of Commerce to open regional office in Cairo

Arab Finance: Minister of Trade and Industry Nevine Gamea has signed a memorandum of understanding (MoU) with Secretary-General of the Arab-German Chamber of Commerce and Industry Abdulaziz Al-Mikhlafi for the opening of a regional office of the chamber in Cairo, according to an official statement on June 23rd.

With a five-year term, the agreement reflects a belief from the Egyptian and German governments in the importance of private sectors in both countries, Gamea commented.

The main purpose of the opening of the new office is the representation of the Arab-German chamber in the commercial promotion and economic cooperation between Egypt and Germany, she added.

Gamea said that the new commerce chamber will undertake a set of activities to achieve its objectives including communications with counterpart Egyptian institutions and authorities and businessmen to establish commercial and investment communication channels between both countries.

On June 22nd, Gamea signed a declaration of intent with German Minister of Economic Affair and Climate Change Robert Habeck for cooperation in implementing the Manager Training Program.

 

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