Sisi meets Coca-Cola and Siemens Chiefs to boost investments in Egypt

Egyptian President Abdel Fattah al-Sisi is meeting Thursday with the CEOs of Coca-Cola and German industrial group Siemens to discuss means to bolster cooperation to increase the two firms’ investments in Egypt in the upcoming period.

The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The Company has the strongest portfolio of brands in the nonalcoholic beverage industry – now featuring 20 brands that generate more than $1 billion USD in annual retail sales.

On the other hand, Siemens is a global powerhouse positioned along the electrification value chain – from power generation, transmission and distribution to smart grid solutions and the efficient application of electrical energy – as well as in the areas of medical imaging and in-vitro diagnostics.