World Bulletin / News Desk
Turkish Ambassador in Cairo Huseyin Avni visited Egypt's Minister of Foreign Trade and Industry Hatem Saleh along with a group of Turkish businesspeople on Tuesday.
Speaking to the press following their meeting with Saleh in Cairo, Ambassador Avni said that there was a golden opportunity to connect Asia, Europe and Africa through commercial cooperation between Turkey and Egypt.
"Turkish tourism companies brought 500,000 tourists to Egypt in 2012. Cooperation between Turkey and Egypt should be boosted," Avni stressed.
Minister Saleh, in his part, said that Turkish businesspeople wanted to invest in the fields of cement, infrastructure and construction in Egypt.
"The government of Egypt tries to lift all obstacles so Turkish businesspeople can make investments in our country," Saleh indicated.
There are around 200 Turkish companies operating in Egypt with investments worth 1.5 billion USD. Turkish companies employ some 60,000 Egyptians.
The trade volume between Turkey and Egypt is expected to reach five billion USD by the end of 2012.
An explosion of unknown origin rocked the Istanbul metro, causing injuries and bringing the transportation system in Turkey's largest city to a halt
Turkish president says tension between two countries is bad for both
The suspects have been caught as they attempted to cross illegally into Syria from Elbeyli town in south-central Kilis province, Turkish military says
Turkish dailies mostly devoted their front pages to Turkish president's response to oil claim by Moscow
PM Ahmet Davutoglu calls on Russia to open military and diplomatic communications channels
President challenges Russian counterpart to resign if claims Turkey buys oil from ISIL are not proved
Vote of confidence for Justice and Development Party (AKP) administration
NATO chief says Turkey has right to protect territorial integrity, calls on Ankara and Moscow to communicate
The separate clashes have taken place in southeastern Turkey's Mardin and Sirnak provinces
PM Davutoglu says Turkey does not intend to escalate situation post downing of Russian aircraft
Without resorting to the niceties of diplomatic language, Tsipras blasted Turkey's shooting down of the Russian plane, Davutoglu's answer was not long to wait
Turkish dailies cover Monday EU-Turkey summit in Brussels and funeral service of slain lawyer Elci
Ankara promises to regularize refugee flow to Europe 'as much as possible'; EU offers money and visa-free travel for Turkish citizens
Prime Minister Ahmet Davutoglu says EU and Turkey will 'share destiny of our contintent' at summit in Brussels
Turkey is set to win a deal for the opening in December of a new chapter in Turkey's stalled accession talks for the 28-nation bloc