{"id":597780,"date":"2019-05-05T04:01:26","date_gmt":"2019-05-05T04:01:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/egypt-lebanon-ink-five-agreements-during-arab-economic-forum\/"},"modified":"2019-05-05T04:01:26","modified_gmt":"2019-05-05T04:01:26","slug":"egypt-lebanon-ink-five-agreements-during-arab-economic-forum","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/egypt-lebanon-ink-five-agreements-during-arab-economic-forum\/","title":{"rendered":"Egypt, Lebanon ink five agreements during Arab Economic Forum"},"content":{"rendered":"

<\/a> Egypt, Lebanon ink a flurry of agreements during Arab Economic Forum, cementing closer ties:<\/b> Prime Minister Moustafa Madbouly and his Lebanese counterpart Saad Hariri signed five MoUs during the Arab Economic Forum<\/a> in Beirut on Thursday, according to a cabinet statement<\/a>. The agreements will see the two countries exchange tax expertise, deepen collaboration on technology, increase Egyptian exports of construction materials to Lebanon, and look for mutual investment options over the coming two years. The Egyptian-Lebanese Business Council also signed another four cooperation agreements to develop business incubators and increase Egyptian investment in the Tripoli Special Economic Zone, among other things, a separate cabinet statement said<\/a>.<\/p>\n

Egyptian companies are interested in Lebanon\u2019s electricity sector<\/b>, Madbouly told Lebanese President Michel Aoun during the event, according to a Cabinet statement<\/a>. Local press reports<\/a> noting that Egypt may be exporting excess electricity to Lebanon also emerged from the sidelines of the forum, citing Cabinet Spokesperson Nader Saad.<\/p>\n

Hariri waxes lyrical on Egypt\u2019s economy: <\/b>\u201cLebanon is faced with two alternatives: economic collapse or following Egypt\u2019s path [toward reform],\u201d Hariri said during the forum, adding that his country is suffering from high debt and corruption levels and widespread misuse of public funds. The Associated Press<\/a> also has the story.<\/p>\n

Egypt wants to attract USD 200 bn of investment and USD 47 bn in net FDI over the next four years,<\/b> Madbouly said in his speech<\/a> at the conference. The prime minister also announced the government is now targeting an annual growth rate of 8% by FY 2021-22. This is a notable upwards revision from the 7.3% growth forecast<\/a> made in November last year. The government last week revised downwards<\/a> its FY2018-19 growth forecast to 5.6% from 5.8%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt, Lebanon ink a flurry of agreements during Arab Economic Forum, cementing closer ties: Prime Minister Moustafa Madbouly and his Lebanese counterpart Saad Hariri signed five MoUs during the Arab Economic Forum in Beirut on Thursday, according to a cabinet statement. The agreements will see the two countries exchange tax expertise, deepen collaboration on technology, […]<\/p>\n","protected":false},"author":1,"featured_media":597781,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[11199,168,104,72,125,108,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-arab-economic-forum","tag-diplomacy","tag-economy","tag-enterpriseam","tag-investment-watch","tag-lebanon","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"dcd3b054-f559-4c0c-8c31-42c564ba3a48","is_powered_by":true,"section_story_id":"18178d91-8955-4baa-a3cf-7b625ed68611","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/5\/2242.jpg","photo_position":"above","related_issue":[597762],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, Lebanon ink five agreements during Arab Economic Forum - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/egypt-lebanon-ink-five-agreements-during-arab-economic-forum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Lebanon ink five agreements during Arab Economic Forum\" \/>\n<meta property=\"og:description\" content=\"Egypt, Lebanon ink a flurry of agreements during Arab Economic Forum, cementing closer ties: Prime Minister Moustafa Madbouly and his Lebanese counterpart Saad Hariri signed five MoUs during the Arab Economic Forum in Beirut on Thursday, according to a cabinet statement. 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Also creating buzz (to a much lesser extent): The Arab Economic Forum in Beirut. We have chapter and verse on both in this morning\u2019s Speed Round, below.Malpass praised Egypt\u2019s economic reform program\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650438,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/egypt-lebanon-to-sign-15-agreements-today\/","url_meta":{"origin":597780,"position":1},"title":"Egypt, Lebanon to sign 15 agreements today","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Egypt, Lebanon to step up flights, economic cooperation: Investment and International Cooperation Minister Sahar Nasr is set to sign 15 economic cooperation agreements today with Lebanese Prime Minister Saad Al Hariri in the industry, healthcare, trade, tourism, and SME development, Al Borsa reports. 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The US company will invest a minimum USD 332 mn to drill seven wells, paying the Egyptian\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/731.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546577,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/final-contracts-for-natural-gas-exports-to-lebanon-to-be-signed-soon-lebanese-energy-minister\/","url_meta":{"origin":597780,"position":3},"title":"Final contracts for natural gas exports to Lebanon to be signed \u201csoon\u201d -Lebanese energy minister","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"The final contracts for plans to ship natural gas to Lebanon via the Arab Gas Pipeline are expected to be signed \u201csoon,\u201d according to a Lebanese cabinet statement. The Lebanese government is set to coordinate with Egypt\u2019s Oil Ministry this week over final terms for the gas imports, he added.\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/277.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674826,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/04\/first-egypt-lebanon-higher-committee-in-six-years-ends-with-a-raft-of-agreements\/","url_meta":{"origin":597780,"position":4},"title":"First Egypt-Lebanon Higher Committee in six years ends with a raft of agreements","author":"enterpriseam admin","date":"4 November 2025","format":false,"excerpt":"Egypt wants to double trade between the two countries","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/200.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568899,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/three-agreements-signed-at-egyptian-swiss-investment-forum-el-sewedy-receives-swiss-delegation-to-cooperate-in-vocational-education\/","url_meta":{"origin":597780,"position":5},"title":"Three agreements signed at Egyptian Swiss Investment Forum, El Sewedy receives Swiss delegation to cooperate in vocational education","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"Egypt, Switzerland sign agreements at investment forum: The General Authority for Freezones and Investment (GAFI) signed a cooperation MoU with the Swiss State Secretariat for Economic Affairs at the end of the Egyptian-Swiss Investment Forum, according to a GAFI statement. The Public Enterprises Ministry also signed an agreement with Swiss\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=597780"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597780\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/597781"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597780"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597780"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}