Minister Yasser el-Qadi

Egypt's Telecommunications and Information Technology Minister Yasser el Qady signed on Thursday a Memorandum of Understanding with President of China's Tus-Holdings company Wang Jiwu.

Upon this deal, the Chinese giant will provide advice for Egypt in the field of establishment and operation of technological zones.

The deal is valid for three years and could be renewed, if desired.

Qady said six technological zones will be established in Egypt in the coming period.