Executive Senior Deputy Chairman of the Management Board of Intesa Sanpaolo Marcello Sala said on Saturday that the banking group will sign agreements with the Egyptian government on new mega projects.
The official made the remarks during the second day of the Egypt Economic Development Conference (EEDC) held in Sharm El Sheikh.
The Italian delegation to the economic summit comprised 30 companies, he said.
"Italy is the third European trade partner with Egypt," he added, voicing keenness to increase investment in the Egyptian market.
Intesa Sanpaolo has expanded work in Egypt via Alexandria Bank to 170 branches serving about 1.6 million clients.