Turkey and Egypt announce new investments and trade growth to strengthen economic ties

Turkey and Egypt are taking steps to strengthen their economic partnership. Turkish President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi met and discussed increasing investments between their countries.

One specific development is that the Turkish conglomerate Eczacıbaşı plans to invest in Egypt's building materials industry. In a symbolic gesture, President Erdogan also gifted a Togg, Turkey's domestically produced electric car, to President Sisi. Trade between the two countries grew by 3% in 2025, reaching $6.8 billion.