Strengthening business relationships between the Members of the Italian Chamber of Commerce
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Dear CCI-Egypt Members, With the aim of strengthening business relationships between the Members of the Italian Chamber of Commerce (CCI-Egypt), considered a Business Community which gathers Egyptian and Italian Companies, we have the pleasure to welcome our new Italian members which joined the Community of the Italian Chamber of Commerce in Egypt seeking business opportunities and having the purpose of expanding relationships network in Egypt. Kindly find below a short brief about New Italian Members: |
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Company Name: Radarmeteo s.r.l. Company Activity: Professional meteorological services Website: www.radarmeteo.com
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Company Name: Studio GDAC Avvocati Associati Company Activity: Legal Assistance Website: www.studiogdac.com
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Company Name: Telecom & Security. Company Activity: Produce accessories for telecommunication systems, design and develope products for coaxial and optical fiber connectivity, with the aim of bringing innovative & useful solutions to the market. The main advantage of these products is that any installer, even without specific training on fiber optic and no expensive tools, can easily work and install a complete and high quality fiber optic system without any problem Website: http://www.telecomsecurity.it/ Useful links: Coaxial: https://www.telecomsecurity.it/en/cap-system/ Fiber optic: https://www.telecomsecurity.it/en/easy-ftth/ |
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MAILLE EXPORTSRL Company Name: Maille Export Company Activity: Our company Maille Export srl group established in 1973 dealing with Arab markets mainly Egypt in industrial products and machineries and lines of production in TOILET SOAP and Liquid soap production and in food lines as : Jam production and Tomato concentrate production in different packing
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Company Name: Frattin Auto S.r.l Company Activity: Trading of Cars, Van and Motorbike
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Company Name: Sirena Spa Company Activity: Manufacturer of acoustic and luminous signaling devices for industry and automotive Auto trade
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GOEIC Registrations |
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President El-Sisi Speaks with the Prime Minister of Italy
Today, President Abdel Fattah El-Sisi received a phone call from Prime Minister of Italy, Ms. Giorgia Meloni.
Spokesman for the Presidency, Counselor Ahmed Fahmy, said that during the call President El-Sisi and the Italian Prime Minister lauded the outstanding historical relations between the two friendly countries, and commended their ongoing cooperation to address the many challenges in the Mediterranean region. They also emphasized the need to further advance the two countries’ joint cooperation and promote them toward broader prospects, and to hold intensive coordination and consultations on developments in the various regional issues.
The call focused on the latest developments in some issues pertinent to bilateral relations as well as the global food crisis. President El-Sisi and Italy’s Prime Minister Meloni also discussed efforts to combat illegal migration and ways to coordinate international efforts in this regard. They also touched on a number of regional and international issues of mutual interest.
Madbouly and Meloni agree to boost Egyptian-Italian cooperation
Ahram Online, Monday 24 Jul 2023
During the International Conference on Migration and Development in Rome, Egyptian Prime Minister Mostafa Madbouly met with his Italian counterpart Giorgia Meloni and agreed on Sunday to enhance Egyptian-Italian cooperation.
Egypt s Prime Minister Mostafa Madbouly in his meeting with Italian Prime Minister Giogeria Meloni in Rome on Sunday. Photo : Egyptian Cabinet.
The International Conference on Migration and Development aims to address issues related to irregular migration and to combat human trafficking, while also promoting economic development through collaborative efforts among nations.
The two leaders discussed a wide range of topics, including migration, trade, and energy during their discussions.
Madbouly highlighted Italy's significant role as Egypt's largest trading partner within the European Union and the fourth-largest globally.
He expressed the desire to strengthen cooperation in petrochemicals, natural gas, and renewable energy transmission from Egypt to Italy and other European countries.
Madbouly also mentioned the fruitful outcomes of Italy's Deputy PrimeMinister and Minister of Foreign Affairs' visit to Egypt in March, which included cooperation in agriculture, irrigation, and food manufacturing. These are areas that Egypt aims to further strengthen in partnership with Italy.
Italy's Prime Minister expressed her commitment to reinforcing bilateral relations across various sectors and highlighted potential joint projects with Egypt. Madbouly expressed his gratitude to Meloni for inviting Egypt to participate in the conference and acknowledged the country's role as a host to nearly nine million migrants and refugees, making migration issues highly significant.
Both sides agreed to share details of proposed projects between the two countries in the near future.
According to the Central Agency for Public Mobilisation and Statistics (CAPMAS), the trade volume between Egypt and Italy increased significantly in 2021, rising by 29 percent to reach $5.8 billion compared to the previous year's $4.5 billion. Moreover, Italian investments in Egypt increased by 40.3 percent during Q1 of FY 2021/22, reaching $448.8 million.
Egypt and Italy are both members of the East Mediterranean Gas Forum (EMGF), whose primary objective is to create a regional gas market in the Eastern Mediterranean and bolster trade relations among its eight member states.
Italy's energy giant Eni played a crucial role in the discovery of Egypt's Zohr natural gas field in its Mediterranean waters, which propelled Egypt to become a significantproducer of this alternative energy source.
Sisi discusses economic cooperation with Italian officials, businessmen
Ahram Online , Tuesday 14 Mar 2023
Egypt’s President Abdel-Fattah El-Sisi discussed on Tuesday ways to boost economic relations with Italy with a high-level trade mission led by Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani, the Egyptian Presidency stated.
During the meeting, El-Sisi affirmed that Egypt welcomes Italian officials and companies, stressing that Italian companies have a record of fruitful work in the country.
He also pointed out that the visit activates the strategic partnership between both countries and lays the foundation for further economic cooperation, particularly in the fields of agriculture and food in the light of the current global food crisis.
The issues of illegal migration and efforts to cooperate in the field of energy were also discussed.
According to the Egyptian Presidency, Tajani’s visit to Cairo, at the head of an expanded trade mission from major Italian companies, comes within Egypt’s long-standing friendly relations with Italy.
Following the meeting with El-Sisi, the Italian delegation met with Prime Minister Mostafa Madbouly who discussed with them ways to boost Italian investments in Egypt and the latest economic and trade reforms implemented in the country.
Egypt president, Italian PM discuss global food crisis, irregular migration
Egyptian President Abdel-Fattah El-Sisi and Italian Prime Minister Giorgia Meloni discussed the global food crisis and refugee flows, Spokesperson for the Presidency Ahmed Fahmy announced on Thursday.The phone conversation comes a week following the World Food Program's decision to grant Egypt $431 million to support the country's food security goals during its annual summit in Rome from 26 to 30 June.
Egypt and Italy signed an extension of the third phase of their $100 million debt swap programme in May, facilitating greater investments in national food reserves.
The outbreak of war in Ukraine last year put significant strain on Egyptian food security, recently compounded by consequences of the war in Sudan. An estimated 200,000 Sudanese have sought refuge in Egypt since the outbreak of the conflict, further straining the country's resources.
Irregular migration
El-Sisi and Meloni also discussed irregular migration and mechanisms for cooperation on the issue.
Egypt has stepped up its efforts to control irregular migration since 2016, when the country launched its first national strategy addressing the issue.
The strategy embraces a multi-pronged approach. It encompasses Law 82/2016, and its amendments, which sets out stiff penalties against migrant smuggling.
Seeking to address the root causes of irregular migration, however, the strategy also includes initiatives to boost household incomes and employment in governorates which are the largest sources of irregular migrants.
El-Sisi and Meloni also discussed regional and international issues of mutual national interest, and the two leaders expressed commitment to continued collaboration at all levels.
PM asserts Egypt’s keenness on boosting bilateral ties with Italy
MENA April 19, 2023
Prime Minister Moustafa Madbouly asserted Egypt’s keenness on enhancing bilateral ties with Italy in the different domains.
During his meeting with Italian Ambassador to Egypt Michele Quaroni, in presence of Head of the Federation of Egyptian Chambers of Commerce (FEDCOC) Alaa Ezz, Madbouli lauded the progress made in the Egyptian-Italian relations, especially in light of Italian Deputy Prime Minister Antonio Tajani’s visit to Egypt in March, leading a delegation, including governmental officials and 30 representatives of private sector companies, banks, financial institutions and regional organizations.
Quaroni said that the visit of the Italian delegation to Egypt in March helped the Italian companies to get acquainted with the investment opportunities in Egypt, Spokesman for the Cabinet Ambassador Nader Saad said.
Image processed by CodeCarvings Piczard
The Italian diplomat added that one of the Italian companies operating in the agricultural field has an investment plan in Egypt, underlining that the first phase of the investment plan includes cultivating nearly 10,000 feddans of strategic crops that Egypt needs and will also contribute to bridging the import gap and achieving food security.
Madbouli said that the Egyptian government welcomes the Italian investments in the agricultural domain.
These investments come at a very important time, in light of President Abdel Fattah al-Sisi’s strategy to increase the agricultural area to achieve food security for all Egyptians, he added.
Egypt ramps up waste management collaborations with Italy | Enterprise
More green cooperation between Egypt and Italy? Egypt’s Environment Minister Yasmine Fouad discussed creating private sector partnerships with Italy’s Ambassador to Egypt Michel Quaroni on recycling construction and demolition waste, according to a statement. They also discussed cooperation in biodiesel production through recycling cooking oil and recycling agricultural waste, with Fouad highlighting that the sector is a promising investment opportunity given that the country produces 42 mn tons of agricultural waste annually. Quaroni expressed his country’s interest in managing Egypt’s agricultural waste as a key source of biofuels through several specialized Italian companies.
And there’s more: Fouad also presented opportunities in solid waste, highlighting efforts by the government to implement a new system for managing the sector including the issuance of a new law for waste management and several private sector green incentives. They also discussed cooperation in recycling packaging waste, with Fouad expressing interest in becoming familiarized with Italian technology that could provide alternatives to the use of plastics in packaging.
Egypt signs agreement with Norway to export renewable energy to Europe
The Egyptian Electricity Transmission Company signed a memorandum with Norwegian company Scatec ASA to start studies for the electrical interconnection project between Egypt and Europe to export renewable energy via Italy.
The memorandum was signed on behalf of the Egyptian Electricity Transmission Company by Chairman of the Board of Directors of the company Sabah Mashaly and on behalf of Scatec ASA CEO Terje Pilskog.
The signing was attended by the Egyptian Prime Minister Mostafa Madbouly, and the Egyptian Minister of Electricity, Mohamed Shaker.
Shaker said that the memorandum of understanding aims to support and strengthen cooperation frameworks between Egypt and the European Union in the field of energy in general and renewable energy in particular.
He added that it will contribute to coordination with regards to exporting electric energy to Europe via Italy.
After the completion of the project studies, and the approval of the Egyptian Electricity Transmission Company, a discussion will begin on the steps to implement the project with the aim of exporting renewable energy to Europe via Italy, in coordination with the transmission network operator in Italy.
Egyptian presidential spokesperson Ahmed Fahmy said that Egypt reached agreements with Scatec ASA to establish some projects with investments amounting to US$ 12 billion.
Egyptian President Abdel Fattah al-Sisi also met with Pilskog, where they followed-up the growing investments of Scatec ASA in new and renewable energy projects, hydrogen and green fuels in Egypt, including the green hydrogen production project in Ain Sukhna, which has already started production in its first stage – making Egypt the first country in Africa to produce green hydrogen. They discussed two joint green ammonia production projects in the Suez Canal Economic Zone, with investments of approximately six billion dollars, and in Damietta with investments of about US$870 million.
Projects such as a five-gigawatt wind energy project with investments of US$5.6 billion running several phases over the coming years and the joint production project for green methanol in Damietta, with investments of about $450 million, were also discussed during the meeting.
And the meeting also touched on the electrical interconnection project between Egypt and Europe to export renewable energy with a capacity of about three gigawatts, for which a memorandum of understanding was signed to start studies.
CCI-Egypt : GOEIC Authority and MTS in a workshop to talk to CCI Egypt Members
Digitalization and Electronic Services are the slogan of GEOIC Authority and Egyptian Customs Authority to Promote Import & Export Process
As the Italian Chamber of Commerce in Egypt is keen on keeping a constant direct contact with representatives of official and governmental organizations and authorities concerned with international commerce and related regulations, CCI-Egypt is organizing meeting discussions for the benefit of CCI Egypt Members in order to facilitate doing business, illustrate new laws and regulations, and by creating meeting opportunities between officials and representatives of governmental authorities and CCI Egypt Members, issues encountered by Egyptian companies get highlighted and solved thanks to the commitment and cooperation of the competent authorities like Egyptian Tax Authority, Customs Authority, General Organization for Export & Import Control… etc
On Wednesday 14th of June 2023, the Italian Chamber Of Commerce in Egypt organized a workshop in cooperation with the General Organization for Export & Import Control in presence of Eng. Essam El-Naggar- Chairman of GOEIC Authority, Eng. Khaled Nassef
Selim - Vice Chairman for Technological Affairs in MTS, Eng. Mahmoud Sarg- Member of the Board of the Italian Chamber of Commerce in Egypt, CEO of Sarg Tannery for Import & Export and Leather Tanning, Advisor to the Federation of Egyptian Industries and Chairman of Leather Export Council, and Mr. Kerollos Anwar (Secretary General of the Italian Chamber of Commerce in Egypt.
In this workshop, CCI Egypt wanted to highlight efforts, regulations and procedures adopted by GOEIC Authority to find solutions for the challenges encountered by the companies in the export and import process and to respond to inquiries related to (Nafeza) platform within the ACI System (Advance Cargo Information System).
The Workshop focused on the digitalization concept adopted by GOEIC authority and the electronic services provided by the organization for promoting the business sector and accelerating the pace of work.
Referring to the Approved Exporter System, Eng. Essam El-Naggar said that this electronic platform represents a great opportunity to access foreign markets : Egyptian Exporters can be registered in the Approved Exporter System to be exempted from submitting a certificate of origin.
Referring to ACI System, Eng. Khaled Nassif, Vice Chairman of MTS Company, presented the Advance Cargo-information System (ACI System) It began its pilot operation running on marine shipments on 1, April 2021, and mandatory operation running on 1, October 2021. (All you need to know about ACI System) Contact us for inquiries about ACI System, CARGOX and GOEIC Registrations. Reed more
CCI-Egypt works on promoting bilateral cooperation between Egyptian and Italian Companies through many direct and indirect channels: CCI services, CCI agreements and CCI activities.
For the benefit of CCI-Egypt Italian and Egyptian members, the Italian Chamber of Commerce in Cairo is keen on providing more efficient services to its members and is working to open new channels of communication through agreements with Egyptian and Italian institutions concerned with industrial development, business promotion and internationalization of SMEs in both countries.
CCI-Egypt works on Connecting people and promoting business opportunities between Egypt and Italy. Partner Research Assistance and Matchmaking Service is one of the most important CCI-Egypt activities for the internationalization of Italian SMEs.
CCI-Egypt, in cooperation with Italian entities and exhibitions organizers, is working to facilitate the participation of Italian companies in Egyptian events as Exhibitors to present and promote their products and services.
Follow us to know regularly our news by visiting The Italian Chamber of Commerce - Egypt (cci-egypt.org) and participate in our initiatives to benefit from our services
Italian Chamber of Commerce - Egypt
33, Abdel Khalek Sarwat St. - Down Town 11511 Cairo, Egypt Tel: (+2 02) 23922275 - 23937944 - 23919911 - 23927733
