turkey
This venture, a partnership with Turkey’s Eroglu Holding, will cover 84,200 square meters and is expected to create approximately 5,000 jobs upon completion.
Both generals addressed a number of files and topics of common interest in light of the military cooperation relations and exchange of expertise between the Egyptian and Turkish armed forces, according to a statement released by the Egyptian Ministry of Defense on Thursday.
They also expressed their willingness to advance economic and investment relations and bring the volume of trade exchange between the two sides to $15 billion, increase tourism, and enhance joint cooperation in various fields.
Egypt condemned Wednesday the terrorist attack on the Aerospace Industries Company in Ankara, Turkey, which resulted in a number of casualties and injuries.
Additionally, they exchanged views on several regional issues and crises, including those in Sudan, Libya, Syria, Yemen, and the Red Sea, as well as developments in the Horn of Africa.
Egyptian Prime Minister Moustafa Madbouli lauded the visit of President Abdel Fattah El Sisi to Turkey last week.
On behalf of President El Sisi, Prime Minister Mostafa Madbouly addressed the second high-level session of the Forum on China-Africa Cooperation (FOCAC), focusing on economic opportunities and strategic investments
Al-Mashat emphasized the significant potential for economic, trade, and investment relations between the two countries, given their pivotal roles in the regional and global economy
During the visit, President Erdogan expressed a keen interest in increasing investments in Egypt to $15 billion over the next five years, underscoring the commitment to strengthen economic ties between Egypt and Turkey.
Turkish President Recep Tayyip Erdogan stated Wednesday that economic cooperation and trade composed the main components of Egyptian-Turkish relations.
Turkish President Erdogan asserted keenness on coordination and consultation with Egypt on regional crises.
On the other hand, major imports from Turkey to Egypt during the same period were electrical and mechanical devices worth $275 million, Iron and steel worth $278 million, and Fuels totaling $117 million.
Their joint goal is to soar to a bilateral trade volume of $15 billion annually within the next five years.
President Abdel Fatah El-Sisi headed Wednesday to Turkey in an official visit that is the first by an Egyptian chief of state in 12 years.
Abdelatty said that the bilateral discussions with Fidan included scheduling the first meeting of the Strategic Council, which will be led by President Abdel Fattah El-Sisi and President Recep Tayyip Erdogan. They also talked about issues of mutual interest and coordination between the two presidents, with plans for extended meetings to further strengthen these relations.
This initiative was announced by Minister of Investment and Foreign Trade, Hassan El-Khatib, during discussions with the company's delegation.
This came after the virtual meeting of the Egyptian-Turkish Business Council, headed by Adel Lamai, head of the Egyptian side, and Mustafa Denizer, head of the Turkish side, to arrange for holding the 17th session of the council.
During the call, Minister Fidan emphasized the strong and longstanding relations between the two countries, expressing his keenness to collaborate closely with Minister Abdel-Aty to enhance cooperation between Egypt and Turkey across various domains, said Ambassador Ahmed Abu Zeid, the Spokesperson for the Egyptian Ministry of Foreign Affairs, Emigration in. a statement.
Vincenzo Montella's men bowed out in Saturday's 2-1 quarter-final loss to the Netherlands after a late own goal, capping a string of high-octane performances that had made the Turks must-watch football as one of the tournament's most entertaining teams.
Turkey's Italian coach Vincenzo Montella has been embraced by the nation following his side's 2-1 win over Austria which took them into the Euro 2024 quarter-finals where they will face Netherlands on Saturday.
