The General Authority for Investment and Free Zones (GAFI) hosted the first meeting of the Egyptian-Algerian Technical Committee for Investment Cooperation.

Egypt and Azerbaijan signed a protocol agreement, covering 12 priority economic and development sectors

The bilateral economic cooperation portfolio between Egypt and Germany has reached €1.6 billion, announced Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat.

Egypt and India have cultivated robust economic ties for many years, yet significant opportunities remain to be explored. Forming new partnerships marks a strategic milestone in their evolving relationship, characterized by remarkable growth in trade and investment.

Egypt is working to raise its non-oil trade with Saudi Arabia by approximately 20% in 2025 to about $8.137 billion, versus its current target of $6.781 billion for end-2024.

Chairman of the General Authority for Suez Canal Economic Zone (SCZONE) Waleid Gamal Eldien has probed potential cooperation with representatives of UK-based firms in the fields modern building materials, water treatment, and communications.

The Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met with the Emirati Minister of Economy Abdulla bin Touq Al Marri to explore ways to strengthen economic ties.

Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has signed a memorandum of understanding (MoU) with Turkish officials to enhance cooperation in exchanging expertise.

Trade exchange between Egypt and Türkiye stood at around $7.1 billion in 2022, Minister of Trade and Industry Ahmed Samir announced on the sidelines of the 4th edition of the Türkiye-Africa Business and Economic Forum.

“We expect the government to continue fiscal consolidation and economic reforms over the next two to three years, absent a significant increase in social unrest. We assume President Sisi will win reelection in 2024 and lead the government in its pursuit of the key tenets of the IMF program,” the agency added.

During the meeting, the pair reviewed preparations for the visit of Helen Bodleager Artida, Head of the Swiss State Secretariat for Economic Affairs, in early July, to discuss the investments opportunities in the Egyptian market.