The agreement was signed during an official visit by Minister of Petroleum and Mineral Resources Karim Badawi to Algeria, in the presence of Algerian Minister of Energy and Mines Mohamed Arkab.
The volume of Egyptian imports from Algeria reached $17 million during the first 8 months of 2024, compared to $8 million during the same period in 2023.
During the meetings, they coordinated and agreed to hold specialized banking forums in Egypt, Tunisia, and Qatar.