Cairo, Egypt – Algeria has called for the launch of strategic partnerships and increased mutual investments with Egypt during the Algerian-Egyptian Economic Forum held in Cairo today. The forum, attended by Algerian Prime Minister and his Egyptian counterpart, Dr. Mostafa Madbouly, along with delegations from both countries and representatives of economic institutions and business leaders, marks a pivotal moment for bilateral cooperation.
In his opening address, the Algerian Prime Minister emphasized the event’s significance in deepening economic ties between Algeria and Egypt. He highlighted the potential for promising investment partnerships that would unlock new opportunities for economic actors in both nations. He also expressed his appreciation for the warm Egyptian welcome, noting that Algerian-Egyptian relations are built on a shared history of struggle and a legacy of Arab solidarity against colonialism.
“This shared history gives our bilateral cooperation a special impetus, driving us towards greater integration and the construction of future-oriented economic partnerships,” he stated.
The Prime Minister stressed that the forum reflects the shared political will of both Presidents, to build a strategic partnership encompassing key sectors such as energy and industry, particularly automotive, pharmaceutical, and food processing industries. He also mentioned 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 volumes and facilitating access to each other’s markets, extending into the broader Arab and African spaces. He lauded the results achieved at the 2022 forum in Algeria, affirming that the Cairo meeting would be a further step in strengthening bilateral cooperation.
Reviewing the state of trade exchange, the Prime Minister revealed that the trade volume between the two countries 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 commended the presence of Egyptian investors.
