Cairo, 08 September 2023 (TDI): The Pakistan Embassy in Egypt, along with the Rawalpindi Chamber of Commerce and Industry (RCCI), hosted the Pakistan-Egypt Business Opportunities Conference in Cairo on Friday.

The conference aimed to boost bilateral trade and investment relations between the two countries.

The conference aligned with the ongoing celebrations of the 75th Anniversary of diplomatic relations between Pakistan and Egypt.

The Chief Guest at the event was Engineer Mahmoud Esmat, Egypt’s Minister for Public Business Sector.

Moreover, the event was attended by Yahya El-Wathik Bellah Ahmed, Head of Egyptian Commercial Services, along with government officials, members of the diplomatic community, Egyptian Chambers of Commerce representatives, and a significant number of Egyptian business leaders.

The Chief Guest, in his remarks, commended the business communities of both countries for their efforts in bolstering economic relations.

In his statement, Yahya El-Wathik Bellah emphasized the shared commitment of both sides to enhance cooperation across multiple sectors, such as agriculture, energy, housing, tourism, textiles, and food.

Ambassador of Pakistan to Egypt, Sajid Bilal, expressed gratitude to the Egyptian government and Chambers of Commerce for their unwavering support in ensuring the success of the event.

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He emphasized the Government of Pakistan’s endeavors to attract foreign investment, particularly from brotherly nations, through the establishment of the Special Investment Facilitation Council.

RCCI President Saqib Rafiq Shahraiz Malik and RCCI Group Leader Sohail Altaf provided insights to the audience regarding the RCCI’s role and the private sector’s contributions in boosting Pakistan’s global trade.

They observed that the participation of over 150 delegates representing various sectors of Pakistan’s business community at the conference serves as evidence of the significance that the people of Pakistan attribute to Egypt.

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The Companies from both sides inked seven MoUs for collaboration in education, tourism, and the food industry.

They also explored avenues for collaboration and the advancement of bilateral trade during business-to-business sessions.

The conference concluded in the evening with a remarkable Award Ceremony, where outstanding business achievers from the past year in Pakistan and prominent Egyptian investors and companies engaged in business with Pakistan were acknowledged and celebrated.