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Monday, 6 February 2023

Romania to increase wheat exports to Egypt

Energy, food and fertilizer were among the topics of discussion between El Sisi + Romanian PM: Romanian Prime Minister Nicolae Ciucă agreed to increase exports of Romanian wheat to Egypt during talks with President Abdel Fattah El Sisi yesterday, according to a statement from the Romanian PM’s office. The two also discussed upping Egyptian fertilizer exports to Romania, the statement said. El Sisi and Ciucă talked about strengthening energy ties in light of the impact of the Russia-Ukraine war on global energy supplies, according to Ittihadiya.

Exporting natural gas to Romania? State-owned gas company EGAS signed an MoU with Romanian state-owned gas pipeline operator Transgaz on natural gas transportation, according to a cabinet statement. The agreement will see the two sides work on developing infrastructure for transporting natural gas, the statement said, without providing further details.

Madbouly calls for more Romanian investment: Prime Minister Moustafa Madbouly invited Romanian investors to step up involvement in Egypt’s health, renewable energy and industrial sectors during the Egyptian-Romanian business forum yesterday, according to a statement by the Cabinet. More than 100 Romanian companies are currently operating in Egypt and have invested a combined USD 104 mn, he said.

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