{"id":322816,"date":"2021-08-02T08:59:18","date_gmt":"2021-08-02T08:59:18","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=322816"},"modified":"2021-08-02T08:59:18","modified_gmt":"2021-08-02T08:59:18","slug":"czech-export-bank-allocates-300m-for-investments-in-egypt","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/08\/02\/czech-export-bank-allocates-300m-for-investments-in-egypt\/","title":{"rendered":"Czech Export Bank allocates $300m for investments in Egypt"},"content":{"rendered":"<p>The\u00a0Czech Minister of Foreign Affairs, Jakub Kulh\u00e1nek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject\u00a0new investments into the Egyptian market and boost\u00a0bilateral trade between the two countries.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>The Czech Export Bank approved injecting\u00a0$300 million into the Egyptian market, representing 75% of the current volume of the\u00a0Czech products in the North African nation,\u00a0Kulh\u00e1nek said in a statement by the Egyptian Ministry of Foreign Affairs on Sunday.<\/p>\n<p>The current major projects in energy, construction, recycling, water management, and transportation development have made the country an attractive\u00a0market for all international companies,\u00a0Kulh\u00e1nek added.<\/p>\n<p>Egypt is looking to improve bilateral trade with the Czech which exceeded $530 million with an average growth rate of 15% over the last six years,\u00a0President of the Federation of Egyptian Chambers of Commerce, Ibrahim Mahmoud El-Arabi,\u00a0said.<\/p>\n<p>He added that\u00a0the Czech has invested $54 million in 48 companies in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Czech Minister of Foreign Affairs, Jakub Kulh\u00e1nek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject\u00a0new investments into the Egyptian market and boost\u00a0bilateral trade between the two countries.<\/p>\n","protected":false},"author":4,"featured_media":322817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,26,33],"tags":[],"class_list":["post-322816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-invest","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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