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Minister of Public Enterprises explores investment opportunities with Denmark
Minister of Public Enterprises explores investment opportunities with Denmark

Daily News Egypt

time17-04-2025

  • Business
  • Daily News Egypt

Minister of Public Enterprises explores investment opportunities with Denmark

Mohamed El-Shimy, Minister of the Public Enterprises Sector, met with Frej Jackson, Chargé d'Affaires at the Danish Embassy in Cairo, at the Ministry's headquarters in the New Administrative Capital to discuss strengthening economic and commercial cooperation between Egypt and Denmark. The meeting was attended by a delegation of senior Danish officials and representatives from leading Danish companies operating in Egypt across several sectors, including pharmaceuticals, food and agriculture, energy, transport, shipping, mining, cement, and software. Also in attendance was Hanzada Farid, Senior Trade Adviser and Regional Director for the Energy Sector at the Danish Embassy. The discussions focused on exploring avenues for collaboration between Danish firms and companies affiliated with the Ministry of Public Enterprises Sector. Minister El-Shimy emphasized the depth of Egyptian-Danish relations and affirmed the Ministry's openness to partnerships with Danish businesses. He also highlighted the numerous investment opportunities available across the Ministry's affiliated companies, in line with ongoing development plans aimed at enhancing operational efficiency, corporate governance, productivity, and competitiveness. El-Shimy further stressed the importance of exchanging expertise and drawing on Denmark's advanced industrial and technological capabilities to support Egypt's transformation efforts. He noted that such cooperation would help establish long-term, sustainable partnerships with both local and international private sector players, while attracting investments that bolster the national economy. For his part, Chargé d'Affaires Frej Jackson conveyed Denmark's strong interest in expanding cooperation with Egypt. He pointed to the elevated strategic partnership between the two countries following President Abdel Fattah Al-Sisi's visit to Denmark at the end of last year. Jackson affirmed that Danish companies are eager to scale up their presence in Egypt, encouraged by the country's growth potential and strategic geographic position.

Egypt, Denmark reiterate crucial need for full implementation of Gaza ceasefire
Egypt, Denmark reiterate crucial need for full implementation of Gaza ceasefire

Al-Ahram Weekly

time11-02-2025

  • Politics
  • Al-Ahram Weekly

Egypt, Denmark reiterate crucial need for full implementation of Gaza ceasefire

President Abdel-Fattah El-Sisi and Danish Prime Minister Mette Frederiksen reiterated Tuesday the crucial need for the full implementation of the Gaza ceasefire agreement in its three stages, according to the Egyptian presidency. During a phone call, both sides emphasized the importance of facilitating the exchange of prisoners and detainees and ensuring immediate delivery of humanitarian aid into the Gaza Strip to end the catastrophic situation. They also highlighted the need to begin reconstructing the Gaza Strip to make it liveable again without displacing its Palestinian population and safeguarding their rights and ability to live on their land, the Egyptian presidency said. Both sides further reaffirmed the importance of establishing an independent Palestinian State based on 4 June 1967 borders, with East Jerusalem as its capital. El-Sisi and Frederiksen emphasized that this is the only guarantee for achieving lasting peace, stability, and the desired economic prosperity in the Middle East. Regional crises During the phone call, both leaders discussed regional and international issues of mutual concern, including the developments in Lebanon, Syria, and Sudan. They stressed the need to resolve crises in these countries through peaceful means and to exert efforts to achieve stability and protect the safety of their citizens. According to the Egyptian presidency, the Egyptian president and the Danish PM also addressed the situation in the Red Sea and Bab Al-Mandab Strait. In this regard, they emphasized the urgent need to counter threats and attacks against commercial shipping, noting their effects on global trade, Suez Canal revenues, and major shipping companies. Egyptian-Danish ties Addressing bilateral ties, both sides affirmed the importance of implementing the outcomes of El-Sisi's recent state visit to Denmark in December. They also highlighted various aspects of the Egyptian-Danish strategic partnership, particularly in terms of economy, investment, and clean and renewable energy. Additionally, the call outlined Egypt's efforts to become a hub for producing and exporting green hydrogen, given its promising potential in this field. For her part, the Danish PM affirmed Copenhagen's interest in further enhancing coordination with Cairo on regional and international issues of mutual interest, both bilaterally and within the framework of international forums. They highlighted Denmark's commencement of non-permanent membership in the United Nations Security Council in January 2025 and the upcoming presidency of the European Union in the second half of 2025. Short link:

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