Latest news with #EmigrationandEgyptiansAbroad
Egypt Independent
4 days ago
- Business
- Egypt Independent
FM: Egyptian economy has promising investment chances
CAIRO/BAMAKO, July 24 (MENA) – Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty affirmed that the Egyptian economy—being one of the largest economies in the African continent—possesses promising investment opportunities and extensive cumulative expertise in implementing strategic projects in sectors such as infrastructure, agriculture, energy, dams, pharmaceuticals, and telecommunications. He also highlighted the significant progress Egypt has achieved in both industrial and service sectors. Abdelatty's remarks came while inaugurating the Egypt-Mali Business Forum on Thursday in Mali's capital, Bamako. A high-level Egyptian delegation of 30 business leaders, CEOs, and representatives of major Egyptian companies across various fields participated in the forum. In his opening speech, Abdelatty said the forum marks a new and important milestone in strengthening economic and trade partnerships between Egypt and Mali. He emphasized that it opens unprecedented opportunities for the private sectors in both countries to develop partnerships based on integration and trust, in line with the depth of historical ties and the economic potential of both nations. The foreign minister stressed that Egypt-Mali relations are currently witnessing unprecedented momentum and that the forum serves as a significant starting point for boosting trade exchange, encouraging industrial and investment partnerships, and enhancing cooperation between the business communities of both countries. He described the forum as a practical first step toward strengthening institutional cooperation. He pointed out to joint efforts that have led to the formation of an economic working group, as well as ongoing efforts to establish an Egypt-Mali Business Council to activate cooperation opportunities across various sectors. He expressed Egypt's sincere desire to expand its investments in the Republic of Mali, especially in sectors prioritized by the Malian government, such as textiles, wood products, and pharmaceuticals. For his part, Mali's Minister of Industry and Trade Moussa Alassane Diallo emphasized the special importance that the Malian government places on enhancing cooperation with Egypt. He praised Egypt's vast expertise in supporting development across Africa. He also expressed Mali's aspiration to benefit from Egypt's pioneering experience in several key sectors. He affirmed that the holding of the forum reflects a shared political will to elevate economic and investment cooperation between the two countries. (MENA)
Middle East
4 days ago
- Business
- Middle East
OPEN// FM: Egyptian economy has promising investment chances
CAIRO/BAMAKO, July 24 (MENA) - Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty affirmed that the Egyptian economy—being one of the largest economies in the African continent—possesses promising investment opportunities and extensive cumulative expertise in implementing strategic projects in sectors such as infrastructure, agriculture, energy, dams, pharmaceuticals, and telecommunications. He also highlighted the significant progress Egypt has achieved in both industrial and service sectors. Abdelatty's remarks came while inaugurating the Egypt-Mali Business Forum on Thursday in Mali's capital, Bamako. A high-level Egyptian delegation of 30 business leaders, CEOs, and representatives of major Egyptian companies across various fields participated in the forum. In his opening speech, Abdelatty said the forum marks a new and important milestone in strengthening economic and trade partnerships between Egypt and Mali. He emphasized that it opens unprecedented opportunities for the private sectors in both countries to develop partnerships based on integration and trust, in line with the depth of historical ties and the economic potential of both nations. The foreign minister stressed that Egypt-Mali relations are currently witnessing unprecedented momentum and that the forum serves as a significant starting point for boosting trade exchange, encouraging industrial and investment partnerships, and enhancing cooperation between the business communities of both countries. He described the forum as a practical first step toward strengthening institutional cooperation. He pointed out to joint efforts that have led to the formation of an economic working group, as well as ongoing efforts to establish an Egypt-Mali Business Council to activate cooperation opportunities across various sectors. He expressed Egypt's sincere desire to expand its investments in the Republic of Mali, especially in sectors prioritized by the Malian government, such as textiles, wood products, and pharmaceuticals. For his part, Mali's Minister of Industry and Trade Moussa Alassane Diallo emphasized the special importance that the Malian government places on enhancing cooperation with Egypt. He praised Egypt's vast expertise in supporting development across Africa. He also expressed Mali's aspiration to benefit from Egypt's pioneering experience in several key sectors. He affirmed that the holding of the forum reflects a shared political will to elevate economic and investment cooperation between the two countries. (MENA) Y R E/R E E
Egypt Independent
15-07-2025
- Business
- Egypt Independent
FM praises strategic, comprehensive partnership between Egypt, EU
Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty praised the positive developments in Egypt-European Union (EU) relations, emphasizing the strategic and comprehensive partnership between the two sides. He highlighted the recent approval by the European Parliament and the European Council of the second tranche of the EU's macro-financial assistance package to Egypt, valued at €4 billion, as a reflection of this partnership. This came during Abdelatty's meeting on Monday, July 14th, 2025, with European Commissioner for the Mediterranean Dubravka Šuica, on the sidelines of the 5th Ministerial Meeting between EU Foreign Ministers and their Southern Neighborhood counterparts, held in Brussels. Abdelatty said Egypt holds it as a priority to enhance economic, trade, and investment relations with the EU and to follow up on the outcomes of the EU-Egypt Investment Conference held in June 2024. The meeting also featured a discussion on the upcoming Mediterranean Charter, which the EU plans to launch by the end of this year to promote political dialogue and stronger partnerships with Southern Mediterranean countries. Additionally, he called for enhancing free trade by removing barriers to Egyptian exports entering European markets, establishing legal migration channels, and facilitating access to the European labor market. He also stressed the need to work collectively toward de-escalating tensions in the region to foster peace and stability.
Middle East
14-07-2025
- Business
- Middle East
OPEN// FM praises strategic, comprehensive partnership between Egypt, EU
BRUSSELS/CAIRO, July 14 (MENA) - Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty praised the positive developments in Egypt-European Union (EU) relations, emphasizing the strategic and comprehensive partnership between the two sides. He highlighted the recent approval by the European Parliament and the European Council of the second tranche of the EU's macro-financial assistance package to Egypt, valued at €4 billion, as a reflection of this partnership. This came during Abdelatty's meeting on Monday with European Commissioner for the Mediterranean Dubravka Šuica, on the sidelines of the 5th Ministerial Meeting between EU Foreign Ministers and their Southern Neighborhood counterparts, held in Brussels. Abdelatty said Egypt holds it as a priority to enhance economic, trade, and investment relations with the EU and to follow up on the outcomes of the EU-Egypt Investment Conference held in June 2024. The meeting also featured a discussion on the upcoming Mediterranean Charter, which the EU plans to launch by the end of this year to promote political dialogue and stronger partnerships with Southern Mediterranean countries. Additionally, he called for enhancing free trade by removing barriers to Egyptian exports entering European markets, establishing legal migration channels, and facilitating access to the European labor market. He also stressed the need to work collectively toward de-escalating tensions in the region to foster peace and stability. (MENA) A I E/R E E
