By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
    TikTok updates its community guidelines
    March 23, 2023
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    March 23, 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    March 23, 2023
    EFG Hermes records EGP 11bn revenue in FY22
    EFG Hermes records EGP 11bn revenue in FY22
    March 23, 2023
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    March 23, 2023
  • Politics
    PoliticsShow More
    Egypt's Health Minister discuss bilateral cooperation with an Italian delegation 
    Egypt’s Health Minister discuss bilateral cooperation with an Italian delegation 
    March 23, 2023
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    March 22, 2023
    Turkish President  Recep Tayyip Erdoğan and Egypt President Abdel-Fattah Al-Sisi met in Doha
    Opinion| Türkiye and Egypt: For better times with many opportunities
    March 22, 2023
    Drought caused 43,000 deaths in Somalia in 2022: UN
    Drought caused 43,000 deaths in Somalia in 2022: UN 
    March 22, 2023
    Opinion| The Chinese dragon occupies America's place in the Middle East
    Opinion| The Chinese dragon occupies America’s place in the Middle East
    March 22, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: AmCham in Egypt, Greece, and Cyprus agree to promote trade with US
Share
Notification
Latest News
Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
EFG Hermes records EGP 11bn revenue in FY22
EFG Hermes records EGP 11bn revenue in FY22
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > AmCham in Egypt, Greece, and Cyprus agree to promote trade with US
Business

AmCham in Egypt, Greece, and Cyprus agree to promote trade with US

Daily News Egypt
Last updated: 2020/10/21 at 7:18 PM
By Daily News Egypt 4 Min Read
Share
SHARE

The American Chamber of Commerce (AmCham) offices in Cyprus and Egypt, and the American-Hellenic Chamber of Commerce in Greece, have signed a Memorandum of Understanding (MoU) for joint cooperation.

The MoU will promote the development of trade, investment, and business relations between their members and the US.

The signing ceremony was held on 21 October, with the presidents of the three respective chambers participating, alongside the Ambassadors of Cyprus, Greece and Egypt to the three countries. The US Chamber of Commerce, AmCham’s mother organisation, was represented by its Executive Vice President and Head of International Affairs, Myron Brilliant.

The MoU is set to create a framework for joint collaboration between the three AmCham organisations, given their common objectives in representing the interest of their respective business communities. It will also help realise the economic benefits that could be generated for the regions.

The three organisations will work together on regularly exchanging market information, business opportunities and economic delegations, to promote the interests of US and other member companies in their countries.

Additionally, support will be offered to members of each AmCham when visiting each other’s country for business purposes. Business representatives from the three countries will also receive assistance from the three countries in engaging in business and investment activities.

The three organisations will work on co-organising meetings, seminars, trade exhibitions, workshops and conferences in the region, and potentially in the US. This will aim to promote investment, trade, industrial cooperation, technology transfer, joint ventures, and business and economic cooperation in general.

They will also offer mutual assistance to identify suitable partners interested in investment, business and technical collaboration in relation to the implementation of business projects in each of the countries.

Brilliant said, “Today’s signing ceremony marks an important milestone in strengthening collaboration between the business communities in Egypt, Greece and Cyprus.”

He added, “Given the challenges posed by the pandemic, it is more important than ever for us to build economic bridges.”

“AmCham Cyprus is looking forward to working with the AmChams of Egypt and Greece, and generating value for their members, the economies and the citizens of the three countries,” said AmCham Cyprus President Haris Kakoullis.

He added, “AmCham Egypt is a firm believer in the value that this new partnership will bring to our members, with cooperation ranging from the regular exchange of market information, and sharing business opportunities, to economic delegations for promoting the interests of the American and other member companies in each of our countries.

AmCham Egypt President Sherif Kamel said, “As AmChams in the Eastern Mediterranean region, and leading business organisations each in our respective countries, we will work on fostering closer ties between our members, learning from each other’s experiences, and finding business opportunities between each other and with the United States-given our close working relationship with the US Chamber of Commerce.”, said.

President of the American-Hellenic Chamber of Commerce, Nikolaos Bakatselos, said, “This agreement is an additional step following the trilateral agreement signed by the governments of the three countries and symbolizes the role that economic and business cooperation between the countries can play to the stability, growth and prosperity of the SE Mediterranean for the benefit of the people in this region.”

You Might Also Like

TikTok updates its community guidelines

IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses

Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023

EFG Hermes records EGP 11bn revenue in FY22

Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 

TAGGED: AmCham, Cyprus, Egypt, Greece, US
Share this Article
Facebook Twitter Email Print
Previous Article Al-Sisi praises growing Egyptian-Cypriot cooperation in different fields
Next Article Egypt’s President Abdel Fattah Al-Sisi participated, on Wednesday, in the eighth trilateral summit with Cyprus President Nicos Anastasiades and Greece Prime Minister Kyriakos Mitsotakis in Nicosia. Egypt, Greece, and Cyprus explore further trilateral strategic integration 
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?