EU companies to sign 40 billion euros' worth of deals with Egypt

Video Credit: euronews (in English)

Published 3 days ago - Duration: 01:00s

EU companies to sign 40 billion euros' worth of deals with Egypt

"Companies are signing over 20 new deals or Memorandum of Understanding (MoUs) with Egyptian partners, which are worth over 40 billion euros," the European Commission president said.

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European Union

Supranational political and economic union

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Memorandum of understanding

Agreement between two (bilateral) or more (multilateral) parties

Egypt

Country in Northeast Africa and Southwest Asia

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European Commission

Executive branch of the European Union

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