Egypt inks 12 agreements with Algeria to boost trade + investment ties: Egypt and Algeria signed 12 MoUs in the fields of industry, investment, exports, irrigation and water resources, small and micro enterprises, and higher education, according to a cabinet statement. This came during Prime Minister Moustafa Madbouly’s visit to the country last week, which saw him meet with his Algerian counterpart Aymen Benabderrahmane and other Algerian officials. The two sides are hoping to double trade volumes and plan to announce new joint projects before the end of the year.

Alternative Algerian-Egyptian trade route? Madbouly said the maritime trade route between Egypt and Tunisia, which both countries are currently studying, could be extended to reach Algerian ports, as an alternative to the current land route passing through Libya.

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