Back to the complete issue
Tuesday, 19 November 2019

El Sisi meets Mercedes Vice President

El Sisi kickstarts Berlin visit, drumming up business interest: President Abdel Fattah El Sisi and Investment Minister Sahar Nasr discussed Mercedes-Benz’s plans to cooperate with Egypt on rolling out electric and natural gas-powered public transport vehicles with Daimler Vice President Eckart Von Klaeden in Berlin yesterday, Ittihadiya said in a statement. The statement was otherwise scant on the details of the German auto manufacturer’s planned venture.

El Sisi meets German president: The president discussed strengthening economic ties with Germany, and regional affairs, with German President Frank-Walter Steinmeier, according to Ittihadiya.

Expect German partnerships with Military Production Ministry, AOI: El Sisi, Military Production Ministry Mohamed El Assar, and Arab Organization for Industrialization head Abdel Moneim El Terras also sat down yesterday with a delegation from the Federation of German Security and Defence to discuss cooperating in heavy industry, according to a separate statement. Other meetings between El Sisi and German officials included a sit-down with Bundestag President Wolfgang Schäuble.

The president landed in Berlin on Sunday for the G20 Compact with Africa High-Level Conference, which kicks off today in the German capital.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.