Monday، 30 November 2015 12:00 AM
Economically, the volume of trade between the two countries increased by 55% in 2007-2008 to reach $313 millions, which still remains relatively low compared to the potentials and the close relations which both countries enjoy.
In investment, among the different Egyptian enterprises investing in the Pakistani market, Orascom Telecom Holding (Mobilink) is actively engaged in the Telecommunication sector in Pakistan with a total investment exceeding 2 billion USD. On the other side, Several Pakistani investments in the field of textile industry are based now in Egypt.
Al-Azhar University continues to offer its 30 scholarships to the Pakistani students each year. This number is expected to increase to 50 soon. Additionally, 30 Egyptian professors have been sent to teach at the International Islamic University in Islamabad. Furthermore, Pakistani scholars benefit from the scholarships offered by the Egyptian Ministry of Agriculture.
In addition, Egypt and Pakistan have started to open up new windows for cooperation in several fields, including agriculture, health, higher education, technical support, ICT, and others.
The volume of trade exchange between Egypt and Pakistan reached $741 million in 2012 as compared to $864 million in 2011.
Egyptian exports to Pakistan amounted to about $82 million; imports to $658 million.