Among the agreements was an MoU between Egyptalum (Egypt Aluminum) and Aluminium Bahrain (Alba) to foster investment cooperation and assess the feasibility of establishing an alumina refinery in Egypt.
In an interview with Al-Arabiya Business, El-Kilany stated that Egypt is also working on similar agreements with other countries in the coming months, starting with Bahrain, followed by the UAE.
The two countries are working to create broader opportunities for mutual investment and stronger partnerships between the private sectors of Egypt and Bahrain, Kouchouk stated during a meeting with Bahrain’s Minister of Finance and National Economy, Sheikh Salman bin Khalifa Al Khalifa.
This came in the conclusion of the first meeting of the Egyptian-Bahraini Governmental Committee for Commercial, Economic, Scientific, and Technological Cooperation
The group is currently in the process of exploring various investment prospects in Egypt, aiming to conclude one of them at the beginning of 2024
