German bank opens representation bureau in Cairo

The German bank B.H.F. opened a regional representation bureau in Cairo.

Korean Darweesh, manager of the bureau, told ArabicNews.com that inaugurating the bureau is considered one of the positive results of the visit paid by Egyptian President Hosni Muabarak recently to Germany.

Darweesh added that the bureau will start its activities by examining new and proper means of benefiting the Egyptian private sector from the organization for guaranteeing German exports, which grants investors financing to buy German machines and equipment through easy loans and a proper permission period.