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News - Egypt president: We will benefit from those Armenian companies that stand out in artificial intelligence

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Egypt president: We will benefit from those Armenian companies that stand out in artificial intelligence

by Lilit March 5, 2024

We will benefit from the Armenian experience, specifically from those Armenian companies that stand out in the domain of artificial intelligence. This was stated by Egyptian President Abdel Fattah El-Sisi in his statement after the meeting with visiting Armenian Prime Minister Nikol Pashinyan Tuesday in Cairo. The President of Egypt noted as follows, in particular: "First of all, I would like to express my joy for hosting the honorable Prime Minister of the friendly Republic of Armenia and his delegation, which confirms the interest and determination of both sides on the road to the development and strengthening of cooperation. That cooperation will fulfill the interests of both peoples, also relying on the long-standing historical relations that bind the two countries. Thousands of Armenians have lived in Egypt and contributed to the development of Egyptian society in various domains: political, economic, cultural, and artistic. I am happy to note that today's negotiations of ours have confirmed the expectations of both countries to increase the amount of trade, as well as to strengthen the investment factor between the two sides, which will correspond to the level of existing political relations between the two countries. Cooperation can develop in new domains as well; in particular, in information technology, artificial intelligence, food, and pharmaceutical industry. Also, during today's consultations, we confirmed the willingness to exchange Egyptian experience in the domains of infrastructure, construction, transport, and electricity production. Also, we will benefit from the Armenian experience, specifically from those Armenian companies that stand out in the domain of artificial intelligence. During the discussions, the need to use joint sessions of bilateral commissions in the domain of economic and technical cooperation was particularly emphasized."

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