Cairo, Egypt – The Algerian-Egyptian Economic Forum commenced today in Cairo, with Algeria advocating for the establishment of strategic partnerships and increased mutual investments between the two nations.
The forum was inaugurated in the presence of Algerian Prime Minister, and his Egyptian counterpart, alongside delegations from both countries, representatives of economic institutions, and prominent business figures.
In his opening address, the Algerian Prime Minister emphasized the pivotal nature of the event, highlighting its potential to deepen economic cooperation and foster promising investment partnerships that unlock new opportunities for economic actors in both Algeria and Egypt. He further expressed appreciation for the warm Egyptian welcome, noting the historical ties of solidarity and shared struggle against colonialism that underpin Algerian-Egyptian relations.
“This shared history lends a special momentum to our bilateral cooperation, driving us towards enhanced integration and the development of economic partnerships with a forward-looking vision,” he stated.
The Prime Minister underscored that the forum reflects the joint political will of both Presidents to build a strategic partnership encompassing sectors such as energy, industry (particularly automotive, pharmaceutical, and food processing), construction, mining, and innovative projects that generate added value for both economies.
He urged business leaders from both sides to propose concrete projects and actionable recommendations aimed at increasing trade volume and facilitating access to each other’s markets, as well as broader access to the Arab and African spaces. He commended the outcomes of the 2022 forum held in Algiers, expressing confidence that the Cairo meeting would serve as a further step in strengthening bilateral cooperation.
Reviewing trade figures, the Prime Minister revealed that bilateral trade reached $870 million in the first eight months of 2025, compared to $622 million in the same period last year, describing it as an “encouraging upward trend.” He also acknowledged the presence of Egyptian investors, emphasizing their crucial role in bolstering economic ties.
