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Middle East
3 days ago
- Business
- Middle East
OPEN// Egypt, Turkey hold political talks in Cairo
CAIRO, June 23 (MENA) - Egypt and Turkey held political consultations at the foreign ministry's headquarters in the New Administrative Capital on Monday. Assistant Foreign Minister for European Affairs Wael Hamed chaired the Egyptian side, while the Turkish side was led by Deputy Minister of Foreign Affairs of Turkey Burhanettin Duran, according to a press release. The two sides discussed ways to promote cooperation at various levels and preparations for the first meeting of a joint planning group headed by the foreign ministers of both countries, which is tasked with following up on all aspects of bilateral cooperation. They also shared views on a raft of international and regional issues and how to attract more Turkish investments to Egypt, especially in the textile and home appliance industries, and how to increase bilateral trade to $15 billion over the next five years. The two sides also discussed bilateral cooperation in the energy, transport, manufacturing, civil aviation, and culture sectors. Hamed highlighted Egypt's business-friendly environment, given the government's incentives for investors and the competitive advantages Egypt offers, such as the incentives offered for investors in the Suez Canal Economic Zone (SCZone). He said a Cabinet working group had been formed to follow up on Turkish investments in Egypt. The two sides also discussed regulating the movement of Egyptian workers to Turkey, as well as reviewing some draft joint agreements under negotiation between both countries. The talks also covered a number of regional and international issues of common concern, especially the ongoing developments in the Middle East, including the Iranian nuclear file and the Russian-Ukrainian crisis. Hamed briefed the Turkish side on Egypt's role in achieving a ceasefire in Gaza and the Egyptian plan for Gaza reconstruction. He outlined Egypt's stance on the situations in Libya, the Sahel, the Horn of Africa, Sudan, and Red Sea security, including the implications for Suez Canal navigation and international trade. Meanwhile, the Turkish side praised Egypt's pivotal role in various issues, which directly contributes to maintaining regional stability. Finally, the two sides agreed to continue exchanging high-level visits to go forward with what was agreed during the talks, push bilateral cooperation forward, and coordinate on various regional and international issues of mutual interest. (MENA) M A A/R G E
Egypt Independent
3 days ago
- Business
- Egypt Independent
Egypt, Turkey hold political talks in Cairo
Egypt and Turkey held political consultations at the foreign ministry's headquarters in the New Administrative Capital on Monday, June 23, 2025. Assistant Foreign Minister for European Affairs Wael Hamed chaired the Egyptian side, while the Turkish side was led by Deputy Minister of Foreign Affairs of Turkey Burhanettin Duran, according to a press release. The two sides discussed ways to promote cooperation at various levels and preparations for the first meeting of a joint planning group headed by the foreign ministers of both countries, which is tasked with following up on all aspects of bilateral cooperation. They also shared views on a raft of international and regional issues and how to attract more Turkish investments to Egypt, especially in the textile and home appliance industries, and how to increase bilateral trade to $15 billion over the next five years. The two sides also discussed bilateral cooperation in the energy, transport, manufacturing, civil aviation, and culture sectors. Hamed highlighted Egypt's business-friendly environment, given the government's incentives for investors and the competitive advantages Egypt offers, such as the incentives offered for investors in the Suez Canal Economic Zone (SCZone). He said a Cabinet working group had been formed to follow up on Turkish investments in Egypt. The two sides also discussed regulating the movement of Egyptian workers to Turkey, as well as reviewing some draft joint agreements under negotiation between both countries. The talks also covered a number of regional and international issues of common concern, especially the ongoing developments in the Middle East, including the Iranian nuclear file and the Russian-Ukrainian crisis. Hamed briefed the Turkish side on Egypt's role in achieving a ceasefire in Gaza and the Egyptian plan for Gaza reconstruction. He outlined Egypt's stance on the situations in Libya, the Sahel, the Horn of Africa, Sudan, and Red Sea security, including the implications for Suez Canal navigation and international trade. Meanwhile, the Turkish side praised Egypt's pivotal role in various issues, which directly contributes to maintaining regional stability. Finally, the two sides agreed to continue exchanging high-level visits to go forward with what was agreed during the talks, push bilateral cooperation forward, and coordinate on various regional and international issues of mutual interest.
Al-Ahram Weekly
4 days ago
- Business
- Al-Ahram Weekly
Egypt, Turkey hold political consultations ahead of first Joint Planning Group meeting - Foreign Affairs
Senior Egyptian and Turkish officials have held political consultations in Cairo ahead of the inaugural meeting of a joint planning group aimed at coordinating bilateral cooperation and regional policy between the two countries. The talks, held at Egypt's Ministry of Foreign Affairs in the New Administrative Capital, were led by Wael Hamed, Egypt's Assistant Foreign Minister for European Affairs, and Burhanettin Duran, Turkey's Deputy Foreign Minister. The joint planning group, to be chaired by the foreign ministers of both countries, will oversee cooperation in a wide range of areas and act as a platform for exchanging views on regional and international developments. Egypt's foreign ministry said in a Tuesday statement that the talks reflected a shared interest in strengthening relations and expanding collaboration in fields including trade, investment, energy, transport, and civil aviation. Officials discussed plans to increase bilateral trade to $15 billion over the next five years, up from around $9 billion, and to attract more Turkish investment to Egypt, particularly in the textiles and home appliances sectors. The talks also covered incentives available in the Suez Canal Economic Zone and the formation of a task force under Egypt's cabinet to support Turkish investors. Other topics included regulating the Egyptian labour movement to Turkey and finalizing several draft agreements currently under negotiation. On regional issues, the delegations exchanged views on the Middle East, including Iran's nuclear programme and the war in Ukraine. Egypt outlined its role in ceasefire efforts in Gaza and plans for reconstruction while briefing the Turkish side on its positions regarding Libya, the Sahel, Sudan, the Horn of Africa, and Red Sea security. The Turkish delegation was reported to have welcomed Egypt's regional role, particularly its contribution to stability in key conflict zones. Both sides agreed to maintain momentum in bilateral ties by continuing high-level visits and following up on the implementation of agreements discussed during the consultations. Warming ties The consultations follow Egypt's Foreign Minister Badr Abdelatty's visit to Istanbul earlier this month. There, he met with Turkish business leaders on the sidelines of an Organization of Islamic Cooperation ministerial meeting. Relations between Cairo and Ankara have improved markedly after a decade of tension. In September 2024, Egyptian President Abdel-Fattah El-Sisi and Turkish President Recep Tayyip Erdoğan co-chaired the inaugural session of the High-level Strategic Cooperation Council in Ankara — a body created during Erdoğan's visit to Cairo earlier that year. In a joint declaration following that meeting, both presidents instructed the joint planning group to begin work on expanding cooperation across political, economic, and security fields. Follow us on: Facebook Instagram Whatsapp Short link:
Libya Review
4 days ago
- Business
- Libya Review
Libya Tops Agenda in Egypt-Turkey Talks
Egypt and Turkey have held high-level political consultations in Cairo, focusing on regional developments in Libya, the Sahel, the Horn of Africa, Sudan, and the Red Sea region. The discussions were led by Egyptian Assistant Foreign Minister for European Affairs, Ambassador Wael Hamed, and Turkish Deputy Foreign Minister Burhanettin Duran. The meeting marks a continuation of efforts by both countries to strengthen diplomatic coordination on regional security and cooperation. Ambassador Hamed briefed the Turkish side on Egypt's positions regarding the ongoing crises in the region, particularly in Libya and Sudan, as well as the growing importance of Red Sea security and its direct impact on Suez Canal navigation and global trade. The Turkish delegation acknowledged Egypt's central role in supporting regional stability and praised its diplomatic efforts in conflict zones across Africa and the Middle East. At the conclusion of the consultations, both sides agreed to continue high-level official visits and maintain regular coordination on regional and international matters of mutual concern. Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations. Libya's economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya's economy. The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions. The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition. Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges. Tags: AfricaEgyptlibyaRed SeaSudanTurkey
Egypt Independent
18-06-2025
- Business
- Egypt Independent
Egypt, Netherlands hold political talks in The Hague
Egypt and the Netherlands held political consultations in The Hague. Assistant Foreign Minister for European Affairs Wael Hamed chaired the Egyptian side, while the Dutch side was led by Vice Minister of Foreign Affairs Marcel de Vink, according to a press release. The talks were attended by officials from the Egyptian embassy in The Hague and representatives from relevant sectors of the Dutch Ministry of Foreign Affairs. The consultations are part of both countries' coordination and cooperation in various sectors to review issues of mutual interest at both regional and international levels and exchange of views on key topics discussed in multilateral bodies and organizations. Hamed reviewed the promising investment opportunities offered by Egypt, as well as the competitive advantages resulting from the economic reforms the country has implemented in recent years. He emphasized Egypt's commitment to supporting the economic partnership with the Netherlands and enhancing mutual investment opportunities, welcoming visits paid by officials from major Dutch companies to explore the investment climate and incentives provided in many domains, including those of agriculture, water management, industry, digitization, infrastructure, financial services, and green hydrogen. The assistant minister praised current cooperation between the two countries in the field of migration, expressing hope that the recently signed memorandum of understanding would be translated into joint projects. He also voiced keenness to intensify training programs and technical cooperation between the relevant Egyptian authorities and their Dutch counterparts in light of the challenges Egypt faces and the burdens it bears due to reducing illegal migration flows to Europe via Egyptian shores. The consultations addressed key regional and international developments of mutual interest, particularly in light of the ongoing escalation in the Middle East. The two sides exchanged views on the escalating situation between Iran and Israel, as well as the restoration of the ceasefire in Gaza and the prompt resumption of humanitarian aid to the war-ravaged enclave.
