Back to the complete issue
Thursday, 12 May 2016

Ismail inaugurates D-8 Organization’s Trade Ministers Conference

Prime Minister Sherif Ismail inaugurated the D-8 Organization for Economic Cooperation Trade and Industry Minister’s Conference on Wednesday. The D-8 Organization’s Secretary General Seyed Ali Mohammad Mousavi stressed the importance of following through on the recommendations of the organization’s 13 workshops to improve cooperation among the member states of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey, Al Mal reports.

And we’re not hating on Turkey at the moment: On the sidelines of the conference, Industry and Trade Minister Tarek Kabil insisted that the free trade agreement with Turkey is ongoing and that bilateral trade between the two has not been affected by deteriorating political relations between the two. He said the reason was that the “roll-on / roll-off” maritime route between Egypt and Turkey had simply expired and not renewed, Al Masry Al Youm reports. That does not mean the free trade agreement was scrapped.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.