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Boeing: Egypt key partner in global growth ecosystem

Businessmen Team news 20 October 2025 03:43 PM
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Boeing: Egypt key partner in global growth ecosystem

Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, met with executives from US aerospace giant Boeing in Washington D.C. to discuss boosting strategic cooperation in the aviation and air transport sector. The meeting took place at the Egyptian Embassy on the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group.

El-Khatib affirmed that Egypt has an ambitious vision to develop its aviation sector as a cornerstone of economic growth and logistical integration. He noted that the government is working to link the air system with tourism, trade, and logistics services to make Egypt a regional hub for aviation and intercontinental services.

The Minister highlighted that recent economic reforms have boosted global investor confidence, providing a stable and transparent environment for long-term investments. He stressed that Cairo prioritizes attracting leading global companies in technology, digital transformation, and advanced infrastructure.

Boeing officials, in turn, expressed appreciation for Egypt's economic and structural developments, as well as its financial and institutional stability, affirming that the country is a "key partner" in the company's regional expansion strategy.

They emphasized that the partnership with the Egyptian government would deepen in the coming phase to develop the air transport and commercial cargo system. This collaboration, they said, aligns with Egypt's vision to increase exports and reinforce its role as a major trade and logistics hub linking Africa, Asia, and Europe.

El-Khatib concluded by stressing that the cooperation with Boeing represents a successful model for international partnerships based on technology and knowledge, and affirmed the government's commitment to expanding investment and enhancing the national economy's competitiveness in high-value-added sectors.