Egypt, South Korea leaders hold talks on economic ties in Cairo

CAIRO – 20 November 2025: Egyptian President Abdel Fattah El-Sisi received his South Korean counterpart, Lee Jae Myung, at Cairo’s Al-Ittihadiya Palace on Thursday.

The two leaders held joint talks to explore ways to strengthen cooperation between Egypt and South Korea in economic, technological, and cultural fields.

The South Korean leader and First Lady, Kim Hea Kyung, arrived in Cairo on an official visit aimed at enhancing collaboration across a wide range of sectors.

The visit includes meetings with senior officials to discuss further economic, technological, and cultural partnerships.

The bilateral relationship between the two countries received a significant boost following El-Sisi’s visit to South Korea in 2016, during which the leaders agreed to upgrade ties.

Growing Partnership

Egypt and South Korea are marking 30 years of diplomatic relations, and are working to strengthen their strategic partnership in various fields, including economic collaboration.

During the Korea-Egypt Economic Conference held in Cairo last September, Egypt’s Minister of Finance Ahmed Kouchouk said trade exchange between the two nations reached $1.6 billion in 2024.

Meanwhile, South Korean foreign direct investments have exceeded LE 6 billion to date.

Seoul’s Ambassador to Cairo Kim Yonghyon noted that South Korean investment in Egypt reached $930 million in 2024, led by major companies such as Samsung Electronics and LG Electronics, according to state-owned Al Ahram.

A total of 171 Korean firms now operate in the country, the ambassador added.

Korean companies continue to expand into renewable energy and green technologies, the ambassador said.

He highlighted the Korean companies’ existing contributions to Egypt’s industrial development in automotives, plastics, machinery, and advanced technology, supporting Egypt’s broader sustainability and growth goals.