Secretary-General of the Union of Arab Chambers (UAC) Khaled Hanafy said the German-Arab Chamber of Industry and Commerce (GACIC)’s executive bureau decided on Friday to choose Egypt to be a guest of honor at the upcoming German-Arab Business Forum.

The German-Arab Business Forum, to be held in June 2019 in Berlin, is an annual key international business forum that provides job opportunities and chances of investment, trade, and industry, Hanafy said in a statement.

Egypt’s selection as a guest of honor in the event comes in recognition of its leading role and international position in addition to the recent economic measures it has taken, he said, adding that Egypt has become attractive to investors.

Hanafy noted that a high-level Egyptian delegation along with representatives of Egyptian companies and the private sector will take part in the forum.