Egypt signed eight investment agreements with the United States Agency for International Development (USAID) worth USD 121.6 mn, Invest-Gate reports.

The agreements are a product of President Abdel-Fattah El-Sisi’s recent meeting with US President Donald Trump in New York, a statement by the Ministry of Investment and International Cooperation read.

Since the start of their cooperation, the USAID pumped USD 30 bn to boost Egypt’s various economic reform projects, the statement added.

The eight agreements comprise a number of development projects in the fields of education, investment, health, and agriculture.

The projects will focus on the country’s less developed governorates, the statement added.