Mystery surrounds Egyptian-Israeli trade ties
Egyptian economic experts oppose an unconfirmed report in the Israeli paper Maariv that an Israeli factory might open in Egypt.
CAIRO — The issue of economic normalization between Egypt and Israel by successive Egyptian regimes is back on the front burner. On July 10, the Israeli newspaper Maariv reported that Israel plans to open a 5,000-worker factory in Egypt.
The article came in the context of news that Ayoub Kara, Israeli deputy minister for development of the Negev and Galilee, met July 10 with Egyptian Consul Mustafa Jamil in Israel and discussed ways to strengthen relations between the two countries. The piece did not mention what industry the plant would serve.
