8 Hrs
Source:
المصدر
Egypt-U.S. Economic Talks
Egyptian Minister of Investment and Foreign Trade Mohamed Farid and Minister of Planning Ahmed Rostom met with U.S. Commerce Secretary Howard Lutnick in Washington to discuss ways to strengthen trade and investment ties, on the sidelines of the preparatory business summit for the G20 meetings. The two sides agreed to continue technical consultations to boost the competitiveness of Egyptian exports and facilitate bilateral trade. They also discussed cooperation in advanced technology and technology transfer, alongside the development of a national strategy to attract foreign direct investment. Rostom noted that Egypt’s economy grew by 5.1% in fiscal year 2025–2026, up from 4.4% the previous year, while headline inflation fell to 12% in October 2026 from 12.8% in September.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)