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Ibrahimaj: Albania and Egypt Strengthen Economic Cooperation

Minister of Economy and Innovation, Delina Ibrahimaj, led the First Session of the Joint Economic, Scientific, and Technical Commission Albania–Egypt. The meeting took place in Tirana as part of the Business Forum. Its goal was to boost bilateral cooperation and strengthen institutional dialogue between the two countries.

The Egyptian delegation was headed by Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation of Egypt.

During her speech, Minister Ibrahimaj highlighted the long-standing friendship between Albania and Egypt. She stressed that the forum marks an important step toward turning friendship into concrete cooperation. The benefits will reach the economies and citizens of both countries.

Furthermore, Ibrahimaj said that the main priorities include attracting foreign direct investment and increasing trade. In addition, cooperation will expand across many sectors, such as trade and investment, tourism and cultural heritage, energy and water, agriculture, higher education and research, health and pharmaceuticals, vocational training, public procurement, industry, urban development, employment, culture, youth and sports, information technology, civil aviation, and maritime transport.

Minister Ibrahimaj also praised the technical meetings held on December 12–13. These meetings, coordinated by Deputy Minister Enkelejd Musabelliu, created a foundation for aligning positions and identifying priority areas for cooperation.

A key milestone was the signing of the Memorandum of Understanding to strengthen cooperation and exchange expertise in international economic policy. Another MoU was signed between AIDA and GAFI. These agreements aim to promote expertise sharing, training programs, human capital development, and joint initiatives supporting innovation, digitalization, and sustainable economic growth.

In terms of numbers, Ibrahimaj reported that Egyptian investments in Albania have reached around 7 million euros. Approximately 370 businesses with Egyptian partners currently operate in Tirana, Durrës, Fier, Korçë, Shkodër, Kukës, and Vlorë.

Moreover, growing exports and potential trade diversification show real opportunities for further economic cooperation.

Minister Ibrahimaj reaffirmed Albania’s commitment to strengthen bilateral relations with Egypt. She emphasized continuing institutional dialogue and taking concrete steps to implement agreements. She also expressed readiness to hold the Second Session of the Joint Commission in Cairo in 2026.

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RTI