Dr. Abdulaziz Al-Sharif, Commercial Attaché and First Deputy Minister at Egypt’s Ministry of Trade and Industry, held talks with Dominic Joh, Singapore’s Ambassador to Cairo, to discuss bilateral cooperation and finalize plans for an upcoming official Egyptian delegation visit to Singapore before the end of 2025. The mission will include representatives from various Egyptian government agencies and private sector entities, aiming to strengthen direct business engagement and explore new avenues for trade and investment collaboration between the two nations. n nThis meeting follows up on the outcomes of Singaporean President Tharman Shanmugaratnam’s visit to Cairo on September 21, 2025, during which he met with President Abdel Fattah El-Sisi and participated in the Egypt-Singapore Business Forum, alongside site visits to assess investment opportunities in Egypt’s market. n nAl-Sharif noted that Egypt’s trade volume with Singapore reached approximately USD 360 million in 2024, with Egyptian exports totaling USD 93 million and imports from Singapore amounting to USD 276 million. He emphasized that this figure does not fully reflect the significant export potential held by Egyptian firms. n nHe also stated that Singaporean investments in Egypt currently stand at around USD 132 million, spread across 140 companies operating in diverse sectors. Upcoming efforts will focus on expanding these investments, particularly in priority areas for Egypt’s economy where Singapore holds a competitive edge, including water desalination and treatment, pharmaceuticals, renewable energy, textiles, information and communication technology, port management and logistics, and semiconductor manufacturing. n nThe meeting was attended by Commercial Attaché Sayed Fouad, Director of Asian and Oceanic Countries Affairs; Commercial Attaché Alaa El-Bili, Director of Investment Promotion; and Commercial Counselor Ahmed Seif El-Nasr, all from the Egyptian Commercial Representation. n— news from أموال الغدnn
— News Original —nThe Commercial Representation coordinates a mission to Singapore to enhance economic and investment cooperationnThe Commercial Representation coordinates a mission to Singapore to enhance economic and investment cooperationn nDr. Abdulaziz Al-Sharif, Commercial Attaché and First Deputy Minister at the Ministry of Industry and Trade and Head of the Egyptian Commercial Representation, discussed avenues for joint cooperation and preparations for an official Egyptian delegation visit to Singapore before the end of the current year with Dominic Juh, Singapore’s Ambassador to Cairo. n nAl-Sharif explained that the planned visit will include representatives from several Egyptian government agencies alongside a private sector delegation, aiming to strengthen direct business ties between the two countries and explore new opportunities for trade and investment cooperation. n nThis meeting follows up on the outcomes of Singaporean President Tharman Shanmugaratnam’s visit to Cairo on September 21, 2025, which included a meeting with President Abdel Fattah El-Sisi, participation in the Egypt-Singapore Business Forum, and field visits to assess available investment opportunities in the Egyptian market. n nAl-Sharif pointed out that Egypt’s trade volume with Singapore in 2024 reached about USD 360 million, with Egyptian exports totaling USD 93 million and imports from Singapore amounting to USD 276 million, noting that this figure does not reflect the substantial export potential Egyptian companies possess. n nHe added that Singaporean investments in Egypt amount to approximately USD 132 million, distributed across 140 companies operating in various sectors. n nAl-Sharif indicated that the coming period will witness intensified efforts to increase these investments, especially in priority sectors for the Egyptian economy where Singapore holds a competitive advantage, such as water desalination and treatment, pharmaceutical industries, new and renewable energy, textiles, information and communication technology, port and logistics management, and semiconductor and conductor manufacturing. n nThe meeting was attended by Commercial Attaché Sayed Fouad, Director of the Asian and Oceanic Countries Affairs Division; Commercial Attaché Alaa El-Bili, Director of Investment Promotion; and Commercial Counselor Ahmed Seif El-Nasr, from the Asian and Oceanic Countries Affairs Division at the Egyptian Commercial Representation.