Egypt’s exports to Germany rise 31% in Q1

Egypt’s exports to Germany have risen by 31 percent year-on-year in the first quarter of 2017, CEO of the German-Arab Chamber of Industry and Commerce, Andreas Hergenröther said Monday.

The German exports to Egypt have also hiked by 47 percent year-on-year, Hergenröther stated during the German-Egyptian Economic Forum, which took place in Berlin in the presence of Egyptian President Abdel Fattah al-Sisi, Minister of Trade Tarek Qabil, and German Economy Minister Brigitte Zypries.