Prime Minister Ibrahim Mahlab met on Saturday with CEO of Siemens AG Joe Kaeser on the sidelines of the Egypt Economic Development Conference in Sharm el Sheikh.
The meeting took up the projects being carried out by the German industrial giant in Egypt and the latest economic reforms adopted by the government.
Earlier in the day, Siemens signed a USD 10.5 billion deal with Egypt to build power plants that will boost electricity generation capacity by up to a third.