28 September 2020 03:11 PM

Economic Relations

Tuesday، 22 September 2015 12:00 AM

The volume of trade between the two countries has reached twenty million dollars in 2009.

The Egyptian group “Shoura” has started its investments in with the establishment of “Shoura Bank” in June 2010. The value of investments of this group is targeted to be 450 million Dollars, including the construction of a cement factory and a touristic resort.

Contractual Framework

• Twenty-six agreements and MOUs in various domains (technical cooperation, investments, health, education…etc) were signed through the years.
• Four sessions of the joint ministerial committee for economic and technical cooperation between the two countries have been held; the last one was held in January 2010.
• Moreover, four sessions of bilateral political consultations have been held; the last one was held in March 2008.

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