AGP Executive Report
Last update: 12 minutes agoTrade: Egypt and Djibouti signed a protocol to widen market access and encourage investment, with Egypt eyeing exports including pharmaceuticals, food, fertilisers and electronics. Djibouti says it will work to reduce trade barriers and connect Egyptian businesses with Horn of Africa markets. Development Finance: The Islamic Development Bank has approved more than $2.3 billion in financing for Djibouti. Its chairman and Economy and Finance Minister Ilyas Moussa Dawaleh discussed the Biidley Airport project, the National Oncology Centre and a new five-year partnership strategy. Tourism: A separate Egypt-Djibouti agreement targets joint marketing, tourism investment and hospitality training, including a proposed city partnership between Sharm El-Sheikh and Djibouti City.
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