Egypt, Gulf states launch new economic consultation mechanism

WAM
13 Nov 2025, 14:11 GMT+10

CAIRO, 13th November, 2025 (WAM) -- The Egypt-Gulf Trade and Investment Forum announced a new mechanism for economic consultation between Egypt and Gulf Cooperation Council states.

The initiative aims to establish a joint pathway to boost trade exchange and investment across key sectors including industry, energy, tourism, agriculture, food security, transport, logistics, communications and information technology.

According to a statement by the Egyptian Ministry of Foreign Affairs, the announcement followed the conclusion of the forum's inaugural edition in Cairo, attended by over 900 senior officials, investors and business figures. The gathering also featured 400 participants from the Gulf region.

Participants highlighted that trade exchange between Egypt and Gulf states reached US$167 billion between 2016 and 2023, while Gulf investments in Egypt amounted to US$40 billion in 2024.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.

More Information

Muslim

Section

Delhi Blast: Assam Police arrests 15 people over "offensive" social media posts

Guwahati (Assam) [India], November 13 (ANI): Assam Chief Minister Himanta Biswa Sarma on Thursday morning said that 15 people have...

Bangladesh's interim government bows to Islamists' pressure

Dhaka [Bangladesh], November 13 (ANI): Bangladesh's interim government has faced sharp criticism after cancelling the recruitment of...

NIA raids 10 places in five states in Al Qaida Gujarat terror conspiracy case

New Delhi [India], November 12 (ANI): The National Investigation Agency (NIA) on Wednesday conducted searches at ten locations across...

Iran extends condolences to India over tragic blast near Red Fort in Delhi

Tehran [Iran], November 12 (ANI): Iran on Wednesday offered formal condolences to India over the tragic blast near Delhi's iconic Red...

Pakistan Parliament set to pass 27th Amendment Bill reshaping military, judiciary structures

Islamabad [Pakistan], November 12 (ANI): Pakistan's National Assembly (NA) on Wednesday resumed its crucial session, with the lower...

Delhi HC grants Centre three-weeks time to respond to Pakistani woman's plea seeking permission to enter India

New Delhi [India], November 12 (ANI): The Delhi High Court on Wednesday granted the Central government and other respondents three...

Middle East

Section