A memo of understanding that was signed between Egypt’s New Urban Communities Authority and the Movement of the Enterprises of France (MEDEF) aims at promoting ties in the field of sustainable urban development, Housing Minister Mostafa Madbouli said.

Head of MEDEF’s Sustainable Cities Task Force Gerard Wolf had signed the memo from the French side, which was witnessed by President Abdel Fattah El Sisi and French President Francois Hollande, the minister said in a press release Tuesday.

Source ; MENA