Egyptian official sees opportunity for enhanced economic relationship

Mohamed Adel Hosny emphasized the importance of strengthening trade and economic relations in the Middle East. File image
Mohamed Adel Hosny emphasized the importance of strengthening trade and economic relations in the Middle East. - File image
0Comments

The chairman of the Egyptian-Moroccan Businessmen Association, Mohamed Adel Hosny, was recently interviewed for the Al-Masry Al-Youm newspaper, saying, “the private sector will open the way for broader cooperation between the two countries at the governmental and private levels.”

He added that the cooperation between Morocco and Egypt relied heavily on the importation of fish as well as the automobile industry, which he saw as showing “Morocco’s superiority in renewable and new energy and [Egypt] can benefit from their expertise in it.”

Previously, Hosny emphasized the importance of strengthening trade and economic relations in the Middle East. He spoke of Morocco as one of the most important countries in the region because of its capacity for joint cooperation in investment, trade and industry.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Masoud Suleiman Musa Chairman of the Board of Directors National Oil Corporation

National Oil Corporation ensures smooth operations across all sites

The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Maghreb News Wire.