PM to sign Energy Cooperation Deals in Italy

Big 5

The Prime Minister Ibrahim Mahlab arrives to Italy Wednesday on a three-day visit after finishing his visit to Equatorial Guinea.

During the visit, Egypt’s Premiere to witness the signing of memorandum of understanding (MOUs) on prospective electricity, power and oil deals.

He will meet with Italian President Sergio Mattarella and government officials in addition to 15 top Italian businessmen working in automotive sector to talk over the new strategy of automotive sector in Egypt.

The prime minister is to have a speech during the business forum organized by Intesa Sanpaolo Bank and the Italian Institute for International Political Studies (ISPI).

In addition to signing the MOUs, Mahlab is expected to start procedures between the Egyptian and Italian governments for building a new centre for furniture production in Damietta — a city on the Nile Delta known for traditional furniture making.

Moreover, the Prime Minister heads the meeting of the Egyptian-Italian Business Council with its two sides in which the latest updates of the important national projects- held by Egyptian government- would be discussed.

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