The move comes as part of efforts to channel surplus domestic production into Gulf markets, with the shipment totaling 300 tonnes of poultry across 10 containers.
The MoU represents a key step toward diversifying natural gas supply sources and expanding cooperation on LNG shipments, as part of Egypt’s strategy to secure energy needs through multiple supply channels, while continuing efforts to boost domestic production.
The agreement paves the way for the development of a world-class coastal urban project in the Samala and Alam El-Rum area on the Northwestern Coast in Matrouh Governorate.
During his meeting on Monday with the Qatari Businessmen Association, Madbouly highlighted the improvement in Egypt’s economic conditions in recent months, citing the positive outcomes of the government’s economic reform program.
During the meeting, both sides emphasized the importance of moving forward with the implementation of the memorandums of understanding signed during that session, in a way that serves the interests of both countries and strengthens bilateral cooperation.
