Spain and Egypt strengthen economic ties at a business meeting led by King Felipe VI

El King Philip VI has presided over El Cairo an important business meeting which has brought together around 200 Spanish and Egyptian companies. This event, organized by the Chamber of Commerce of Spain, ICEX Spain Export and Investment and the CEOE, is part of the state visit of the King and Queen to Egypt with the aim of strengthening trade and investment ties between the two countries.

During the meeting, the Secretary of State for Commerce, Amparo López SenovillaLópez Senovilla emphasized that this forum is "an excellent opportunity to strengthen our economic and trade ties, exchange experiences, and identify new opportunities that will benefit our companies and societies." He stressed that the Spanish companies They possess extensive experience in sectors that are at the heart of Egypt's modernization programs, noting that "they are already carrying out major projects in this country, thanks to the public financial support that we promote from Spain."

The day included a panel on "Investment Climate, Financial Instruments and Business Opportunities", as well as round tables on "Water and Energy" and "Sustainable Mobility and Rail Transport"

For his part, the president of the Chamber of Spain, Joseph Louis BonetBonet stated that the interest of Spanish companies in investing in Egypt is growing, a country that "presents numerous opportunities in sectors where our companies are leaders and have extensive experience in the region." Bonet also mentioned the recent strategic agreement between the two nations and the financial and promotional instruments available to companies, adding that theSpain-Egypt Business Council"It has an intensive work plan to deepen trade exchanges and investments."

Along the same lines, the president of the CEOE, Antonio Garamendi, stressed that Spain can be a strategic partner for Egypt in areas such as renewable energy, green hydrogenWater treatment, transport infrastructure, telecommunications, and tourism were among the areas discussed. Garamendi emphasized that Spain can contribute "technology, experience, and access to European and Latin American markets," and expressed the CEOE's full commitment to the Spain-Egypt Business Council to strengthen relations.

The event was attended by prominent Egyptian figures, including the Prime Minister, the Minister of Investment and Trade, and the presidents of the Egyptian Federations of Chambers of Commerce and Industries.