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Alamein Africa Forum on Trade and Investment Opens in Egypt
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CGTN
cgtn.com

Alamein Africa Forum on Trade and Investment Opens in Egypt

The first Alamein Africa Forum, which gathered about 1500 African business leaders, opened in Egypt on Friday. The main focus of the event is investment, trade, and economic cooperation between countries on the continent.

The forum is taking place in the northern coastal city of El Alamein from October 2 to 4 and aims to deepen economic ties and integration among African states. The organizers are the Egyptian government, the African Export-Import Bank, and the African Union Development Agency.

Egypt's Minister of Planning and Economic Development, Ahmed Rostom, stated that Africa is 'of the highest strategic importance to Egypt.' He called for a change in approach to the continent, viewing it not only as a market but as a unified economic system.

Rostom proposed a 'joint innovation' model that would connect Egyptian and other African entrepreneurs through technology exchange and cross-border regional value chains. Furthermore, he strongly recommended actively utilizing 'patient capital' and venture capital to support investments within the African Continental Free Trade Area.

According to the minister, this could help Egypt become a launchpad for African startups aiming to enter global markets. The Alamein Africa Forum has been established as a biennial African business forum to be held in Egypt.

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Uzbekistan and Egypt are preparing a business forum and new joint projects
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uzdaily.uz

Uzbekistan and Egypt are preparing a business forum and new joint projects

Uzbekistan and Egypt discussed the preparation for the visit of an Egyptian business delegation to Uzbekistan, which is scheduled for the end of 2026. The meeting took place in Istanbul.

Preparation for the Visit and Business Forum

The negotiations involved Jamil Maksudi, advisor to the Chairman of the Chamber of Commerce and Industry of Uzbekistan; Ali Muhammad Bash, Trade Consul of the General Consulate of Egypt in Istanbul and authorized minister; and Hanan Bashari, advisor to the Embassy of Egypt in Uzbekistan. The parties focused on the substantive aspects of the upcoming visit.

Particular attention was paid to the preparation of the Uzbek-Egyptian Business Forum, which is expected to be a key event of the business program, as well as bilateral B2B meetings between representatives of the business communities of both countries.

Discussion of Joint Projects

Participants reviewed opportunities for implementing joint projects in areas such as infrastructure, textile industry, tourism, pharmaceuticals, and construction material production. Furthermore, the parties discussed the establishment of the Council of Business Circles of Uzbekistan and Egypt. This initiative is designed to ensure regular interaction between representatives of the business communities of the two states.

At the conclusion of the meeting, participants agreed to continue the coordinated preparations for the arrival of the Egyptian delegation and the holding of the business forum, as well as to work together to turn the discussed initiatives into real projects.

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