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Libya and Egypt agree numerous ways to increase economic cooperation, including establishing an industrial zone

London, 22 April 2021: Libya and Egypt agreed numerous ways to increase economic cooperation. This came during a meeting between Libya’s Economy and Trade and Industry Ministers with the Egyptian Minister of Trade and Industry. The meeting was held on the side-lines of the visit of the Egyptian Prime Minister to Tripoli on Tuesday. The meeting discussed enhancing cooperation between the two countries through: Starting to develop and activate agreements in the economic fields. Encouraging investment and work. Preparing for the convening of the Joint Libyan-Egyptian Committee. Holding joint exhibitions in a number of Libyan cities. Organizing a forum for Libyan and Egyptian business leaders.

Saudi to test Egypt labour force before granting visas

Saudi to test Egypt labour force before granting visas Workers dye yarns in a vat at a traditional hand-dying workshop in the Egyptian capital Cairo s centuries old district of Darb al-Ahmar on January 21, 2020 [KHALED DESOUKI/AFP via Getty Images] March 10, 2021 at 11:01 am Saudi Arabia s Ministry of Labour has imposed new conditions on the recruitment of Egyptian workers, the official spokesman of the Egyptian Ministry of Manpower, Haitham Saad Eddin, revealed yesterday. According to the New Khaleej news site, Saad Eddin said the Human Resources Department at the Saudi Ministry of Labour will oversee the new conditions, which include professional tests.

Roundup: COVID-19 deals blow to economic sectors in Egypt - World News

2021-02-03 15:05:38 GMT2021-02-03 23:05:38(Beijing Time) Xinhua English Video Player by Marwa Yahya CAIRO, Feb. 3 (Xinhua) Sales in several economic sectors in Egypt, including textile, gold and real estates, have been negatively affected by the lingering COVID-19 pandemic. The production of winter clothes has dropped by 50 percent compared to the previous season, which impacted the sales of the ready-made clothes market, said Mohamed Abdel-Salam, chairman of the Egyptian Chamber for textile Industries. The textile sector has been affected to a great extent by the spread of the pandemic, Abdel-Salam told Xinhua, noting that people s reluctance to leave their houses and willingness to stick to the precautionary measures is a major cause of the accumulation of goods in stores and warehouses.

Egypt and Libya contemplating extending Egypt s rail line to Benghazi

By Sami Zaptia. Railway equipment for the Sirte-Benghazi line being delivered to Ras Lanuf Port before the revolution (Photo: M+M logistics). London, 20 January 2021: The Chairman of Libyan-Egyptian Chamber of Commerce Ibrahim al-Garary told Sky News Arabia that Egypt and Libya contemplate extending Egypt’s high-speed electric train – to be accomplished in two years – to Libya. The news was reported Monday (18 January) by Egypttoday.com The railway stretches between Red Sea’s Ain Sokhna to the Mediterranean’s Alamein city. The line can be lengthened to Libya’s Benghazi through Egypt’s Saloum town, it reported. Garari was reported as stating that the government of his country intends to invest in the project to boost its accomplishment rate. He added that the Libyan committee concerned with the matter will hold meetings with the Egyptian side next week. The meetings also consist of planning for the Libyan-Egyptian Economic Forum to be held in February.

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