European Commission president Ursula von der Leyen on Saturday said European companies were signing more than 40 billion euros' worth of deals with Egyptian firms, spanning a wide range of industries.
Von der Leyen was speaking at the EU-Egypt Investment Conference in Cairo, where she also held talks with Egyptian President Abdel-Fattah el-Sissi.
"At this conference, European companies are signing over 20 new deals or MoUs with Egyptian partners, which are worth over 40 billion euros. We have companies in sectors ranging from hydrogen to water management, from construction to chemicals, from shipping to aviation and to automotive," she said.