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.
Turkish President Erdogan has said that Turkey and Qatar stand together with the oppressed people of the world
Istanbul prosecutor asks court to issue arrest warrant for U.S.-based preacher Gulen in a probe. He was charged with “managing a terror organization", making person devoid of his freedom by using force, threat or trick and Causing any administrative or juridical sanctions except from jail for aggrieved by slandering him
Three Turks detained recently in Germany are not linked with Turkey's National Intelligence Organization, the Turkish foreign ministry says.
Turkey could begin training and equipping moderate Syrian opposition fighters before March
International conference hears call for more public transportation to beat congestion in Turkey's largest city
Istanbul Penal Court rules for the arrest of four people including Hidayet Karaca, chairman of the Samanyolu Media Group, and releases eight others, including Ekrem Dumanli, editor-in-chief of Zaman newspaper.
Government plans to allow companies involved in cancelled South Stream Pipeline project to begin feasibility studies anyway, to avoid having the government pay compensation
10 members of the PKK, 4 of whom under 18 years of age, surrendered to to authorities at Habur Border Gate of Turkey
Turkish dailies on Friday mostly covered latest developments in an ongoing investigation into the Gulen Movement...
Meeting's main purpose is to discuss mechanisms that enable the International Organization of Turkic Culture to act together
Support in Turkey for its EU membership hits lowest levels in years, according to survey
Deputy PM Akdogan has urged the media to take a clear position against all unlawful acts that target Turkish people's will
Erdogan is bent on being a more powerful leader and is taking Turkey further away from Western standards on law and free speech, with its strategic geography allowing its allies to give it leeway.
The testimony process began at noon Thursday, and lasted for about 11 hours. The court is due to issue an order about the investigation Friday
“This is a positive development,” Turkish foreign ministry spokesperson has said
The opening ceremony of Kademoon, meaning, "We are coming" has opened its doors in Esenyurt, giving hope to hundreds of children who have escaped the Syrian war for a brighter future.