Executive Senior Deputy Chairman of the Management Board of Intesa Sanpaolo Marcello Sala said on Saturday that the banking group will sign agreements with the Egyptian government on new mega projects.
The official made the remarks during the second day of the Egypt Economic Development Conference (EEDC) held in Sharm El Sheikh.
The Italian delegation to the economic summit comprised 30 companies, he said.
"Italy is the third European trade partner with Egypt," he added, voicing keenness to increase investment in the Egyptian market.
Intesa Sanpaolo has expanded work in Egypt via Alexandria Bank to 170 branches serving about 1.6 million clients.
Source: MENA
GMT 08:11 2018 Wednesday ,17 January
BlackRock chief calls on CEOsGMT 08:51 2018 Wednesday ,03 January
Banks 'reticent' to work with SudanGMT 08:36 2017 Sunday ,31 December
US tax reform to cut earnings by $5 bnGMT 18:42 2017 Thursday ,28 December
Al-Sukait Tackles Investors’ ContributionGMT 18:34 2017 Wednesday ,27 December
Shaath reveals opening date of Metro third lineGMT 09:52 2017 Tuesday ,12 December
Senate tax plan would boost revenue $1.8 tnGMT 08:42 2017 Friday ,08 December
Post-Brexit London 'won't fall apart'GMT 10:04 2017 Monday ,27 November
Brexit without EU trade deal 'not end of world'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©