What do you believe is the single most important factor driving up the cost of living in Nigeria?

Egypt’s Foreign Minister and Minister of Immigration and Expatriate Affairs, Badr Abdelatty, met with China’s Foreign Minister, Wang Yi, on the sidelines of the United Nations General Assembly.

The two ministers expressed satisfaction with the progress of strategic relations between the two countries across various sectors. This year marks the tenth anniversary of the establishment of a comprehensive strategic partnership between Egypt and China, a milestone celebrated with numerous political, economic, trade, cultural, and tourism events.

Abdelatty lauded the joint projects between the two countries, particularly highlighting Chinese companies’ involvement in the construction of the new administrative capital’s financial and business district, the towers in the New Alamein City, and the light rail system.

He stressed Egypt’s commitment to encouraging Chinese companies to continue expanding their investments in Egypt, especially in the Suez Canal Economic Zone and in areas prioritised by Egypt.

He also expressed a desire to collaborate with China in the energy sector, particularly in renewable and clean energy, and in technology transfer and localization in Egypt. The two ministers agreed to continue working to enhance economic cooperation, increase investments, promote trade exchange, and strengthen industrial cooperation and localization within Egypt.

• Read More