Last Update 16:27
Tuesday, 22 October 2019

Egypt signs five MoU's with Germany to boost economy, education, vocational training

President El-Sisi is on a four-day official visit to Berlin that started Sunday where he met with Chancellor Merkel and a German officials to discuss strengthening relations and boosting cooperation

Ahram Online, Wednesday 31 Oct 2018
Egypt's minister of Education Tarek Shawki (R) signing with German conglomerate Siemens CEO a memorandum of understanding (Photo; Courtesy of Egypt's Presidential Spokesperson)
Views: 4730
Views: 4730

Egyptian officials signed on Tuesday a number of Memorandum of Understandings (MoU) with German officials to boost cooperation between the two countries in the fields of economy and education, presidency spokesperson Bassam Rady said in a statement. 

The MoUs were signed during a meeting of the committee on bilateral cooperation between Egypt and Germany, the statement read.

The signing ceremony was attended by President Abdel-Fattah El-Sisi who is on a four-day official visit to Berlin  where he met with Chancellor Angela Merkel and a number of German officials to discuss strengthening relations and boosting cooperation, and also attended the Africa investment summit.

The first MoU, which is an economic cooperation protocol worth €129 million, was signed by Egypt's Minister of Investment and International Cooperation Sahar Nasr.

Egyptian and German officials officials have also signed a Declaration of Intent on a new Egyptian-German initiative aimed at bolstering technical and vocational education and training. 

The initiative aims at establishing an educational monitoring authority and a teacher training academy.

A third MoU aims to boost cooperation in the fields of university education and scientific research, along with an agreement on setting up a German international university of applied sciences in Egypt's new administrative capital.

The fifth MoU was co-signed by Minister of Trade and Investment Amr Nassar, Minister of Education Tarek Shawky, and German conglomerate Siemens CEO Joe Kaeser. 

The Siemens MoU aims at supporting industrialisation and vocational training as well as increasing the competitiveness of industrial zones and increasing their export capacity.

The German conglomerate has been implementing electricity generation mega porjects in Egypt since 2015 with deals worth eight billion euros (approximately $9 billion). It has expressed that it is keen to expand its activities in Egypt. 

German investments in Egypt are estimated at 1.5 billion euros and provide around 22,000 jobs, according to statements by the German ambassador to Egypt in February 2017. 

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.