German economic delegation to visit Cairo on Monday

A delegation of German businessmen is to arrive in Cairo on Monday to discuss supporting economical relations between Egypt and Germany, attracting German investments to Egypt and establishing joint projects between the two countries.

The delegation will be headed by minister of economy in the German state of Hessen.

This step comes after the latest German recognition of the facilities presented by the Egyptian government to investors and the private sector, like tax exemptions on equipment and the machines used in the new projects.