Egypt moves investment conference to avoid Chinese holiday clash

Saturday 08-11-2014 03:03 PM
Egypt moves investment conference to avoid Chinese holiday clash

Dimian talks during a news conference in Cairo March 12, 2014. REUTERS/Mohamed Abd El Ghany

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CAIRO, Nov 8 (Reuters) - Egypt has pushed back a major conference meant to boost investment and aid from February to mid-March to avoid it conflicting with Chinese holidays, the Finance Minister said on Saturday.

"We would have missed a large number of investors and attendees if we had held it in February," Hany Kadry Dimian told a news conference.

He did not announce a new date for the conference, which was originally scheduled for February 21-22. Chinese New Year falls on February 19 next year.

The summit in the Egyptian resort town of Sharm el Sheikh, was initially called for by King Abdullah of Saudi ArabiaCairo is hoping it will generate hefty pledges of support from foreign governments, private investors and international donor organisations.

(Reporting by Shadi Bushra; Editing by Maggie Fick)

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