US sends biggest trade delegation to Egypt
Cairo
THE US sent its biggest-ever trade delegation to Egypt, the latest sign that the allies have repaired the rift that followed the army's ouster of an elected president last year.
Executives from about 70 companies, including Apache Corp and Coca-Cola Co, held talks with officials here to explore opportunities in a country struggling to recover from more than three years of unrest. The mission, organised by the US Chamber of Commerce, also met President Abdel-Fattah El-Sisi, the former general who was elected in May after leading the overthrow of his Islamist predecessor, Mohamed Mursi.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
The crown jewel of China-Singapore relations: Suzhou Industrial Park celebrates 30 years
RBA to keep key rate at 12-year high as inflation stirs anew
EU chief says will urge ‘fair’ China competition in talks with Xi