European Bank for Reconstruction and Development partners with Egypt to develop mining sector

RIYADH: Egypt’s mining sector is set to benefit from a new agreement with the European Bank for Reconstruction and Development aimed at supporting its development and growth. The memorandum of understanding aims to strengthen frameworks for joint cooperation, contributing to the North African country’s objectives of maximizing the utilization of mineral resources, increasing the sector’s contribution to the national gross domestic product, and enhancing its attractiveness to local and foreign investments, according to a statement.

Raccontata daarabnews.com