Ahram Online , Thursday 21 Jan 2016
Egyptian President Abdel-Fattah El-Sisi and Chinese President Xi Jinping
signed in Cairo on Thursday a number of cooperation deals aimed to
foster over 60 years of ties between the two countries, Egypt's state TV
reported.
The official broadcasted footage shows the two leaders witnessing the
signing of 21 technical and economic deals including one to build a new
administrative capital and another to develop an industrial and
commercial hub around Egypt's Suez Canal.
The deals-- in the transportation, power generation, and civil aviation
sectors are worth $15, according to Egyptian Minister of International
Cooperation Sahar Nasr.
They also include a $1 billion financing agreement for the Egyptian
central bank and a $700 million loan to the state-owned National Bank of
Egypt.
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