Back to the complete issue
Sunday, 19 March 2023

Egypt and Turkey vow closer ties during talks in Cairo

Turkey’s chief diplomat visits Egypt for the first time in a decade: Egypt and Turkey’s top diplomats pledged to put aside their differences and normalize relations for the first time in over a decade during talks in Cairo yesterday. In a joint press conference (watch, runtime: 33:24) with Turkish foreign minister Mevlut Cavusoglu, Sameh Shoukry said the two had engaged in “honest, deep and transparent” talks and spoke of reappointing ambassadors in both countries. “We largely agree on most issues. We have to improve bilateral relations in every field from transportation to trade,” said Cavusoglu, who was the first Turkish foreign minister to make an official visit to Egypt in 11 years.

Normalizing relations: Cavusoglu’s visit comes three weeks after Shoukry traveled to Turkey to show support following the earthquakes that hit the south of the country and Syria. The two countries have been inching closer to restoring ties for months, with President El Sisi and Turkish leader Recep Tayyip Erdogan shaking hands in a brief encounter during the 2022 World Cup and Turkish companies last month pledging to invest USD 500 mn in Egypt. “Turkey will work to increase diplomatic relations with Egypt … we will do our best so that relations are never severed again,” Cavusoglu said.

ALSO IN DIPLO-

  • Warming defense ties with Qatar? Qatar’s army chief Salem bin Hamad Al Nabit called for closer military cooperation with Egypt during the first meeting of the Egyptian-Qatari military committee in Cairo yesterday, the Egyptian Armed Forces said (watch, runtime: 4:21).
  • Shoukry calls Cyprus’s new foreign minister: Foreign Minister Sameh Shoukry congratulated Constantinos Kombos for becoming Cyprus' new foreign minister in a phone call on Thursday, according to a ministry statement.

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.