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, which will be held in Berlin next June.

Dr Khaled Hanafy,, announced that the German Arab Economic Forum is one of the most important international economic forums. It is held every year that provides job opportunities and chances of investment, trade, and industry, in addition to strategic economic alliances. 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.

He pointed out that the German-Arab Chamber will participate in the forum of the Arab-German energy to be held in Cairo on 24 and 25 of this month under the auspices of Dr. Mustafa Madbouly Prime Minister, in the presence of ministers of electricity, petroleum, planning, and that a delegation of businessmen, companies and members of the German parliament will visit the area of the Suez Canal on the sidelines of the forum