Cairo, October 28, 2024 – Algerian President Abdelmadjid Tebboune met on Monday with prominent Egyptian businessman Ahmed Sadek El Sewedy, owner of one of the largest Egyptian companies specializing in the electricity sector.
The meeting, which took place during Tebboune’s visit to Cairo, signals the strengthening of economic ties between Algeria and Egypt. El Sewedy’s group is known for its significant role in energy infrastructure projects, and discussions are expected to focus on potential collaboration in the fields of electricity, energy, and mining.
The talks were attended by Algerian Foreign Minister Ahmed Attaf and Minister of Energy and Mines Mohamed Arkab, highlighting the strategic importance of energy cooperation between the two countries.
Algeria’s engagement with top industry figures like El Sewedy underscores its commitment to fostering economic partnerships and attracting investments that align with national development priorities. As both Algeria and Egypt are working to expand their energy infrastructure, the meeting paves the way for potential joint ventures and long-term collaborations.
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Author: nor-eleslam
Algeria-Egypt economic cooperation, Ahmed Sadek El Sewedy, energy infrastructure, Algerian investments, Tebboune Cairo visit.
