Egyptian national bank to open branch in Mexico

The Egyptian national bank intends to open a branch in Mexico to finance foreign trade operations between the two countries and discuss branches for the trade chambers.

Mahmud Abdul Aziz, the head of the bank's board of directors, told ArabicNews.com that he will hold in May in Cairo an exhibition for Mexican industries in cooperation with the World Trade Center in Cairo in which 60 Mexican companies concerned in investment in Egypt will participate.

Mexico is active in Egypt's industrial sector, including developing a steel and iron factory in Aswan.