The initiative, titled "Enhancing Food Security and Achieving Economic Stability in Egypt by Supporting Small Wheat Farmers," is the first practical project stemming from the Memorandum of Understanding (MoU) signed last October between Egypt and the United Kingdom to strengthen their cooperation on food security.
This came during a meeting between Minister of Investment and Foreign Trade, Hassan El-Khatib, with representatives of British companies working in the field of renewable energy as part of his current visit to London.
El-Khatib added that Cumulative British investments until June 2024 amounted to $21.5 billion across several sectors, notably petroleum, financial services, communications, and industry.
He praised the cooperation with Egypt in many projects, including the monorail project whose cars are supplied by UK's Alstom, LRT.
