Egypt will host the seventh tripartite summit with Cyprus and Greece on Tuesday to discuss common key challenges.
The summit will be headed by President Abdel-Fattah El-Sisi in the presence of Cypriot President Nicos Anastasiades and Greek Prime Minister Kyriakos Mitsotakis.
The summit will be the seventh to gather the leaders of the three countries since 2014. In May 2018, an Egyptian-Greek-Cypriot summit was held in Athens.
The timing of the summit is crucial in the light of the latest developments in the Eastern Mediterranean region.
During the summit the three leaders are scheduled to sign bilateral and trilateral investment agreements. They will stress the importance of cooperation between neighbouring countries as a cornerstone of stability in the Eastern Mediterranean region.
Turkey announced on Thursday that it had sent a drilling ship to waters off southern Cyprus where Greek Cypriot authorities had awarded hydrocarbon exploration rights to Italian and French companies.
Turkey has drilled two wells in the waters to the east and west of the island, triggering strong protests from Nicosia and the European Union in recent months, including EU sanctions.