
Egypt is desirous of launching a new strategic economic partnership with Kuwait that would result in palpable benefits to both countries, said an Egyptian official following the end of a one day economic meeting held here on Wednesday between Kuwait and Egypt.
The meeting today dealt with a gamut of economic issues regarding Egypt's economic status, including the best tacks Egypt should follow to resuscitate its infrastructure and energy sector as it paves the way for Kuwaiti investors, whether from public or private sectors, to achieve lucrative returns on their prospective investments in Egypt, said head of Egypt's team to the economic meeting ambassador Nasser Kamel, in a statement to KUNA.
He praised the Kuwaiti team to the meeting for their eagerness to listen to the Egyptian side's ideas and proposals, saying that a new economic partnership with Kuwait would usher in novel ways of bilateral cooperation of benefit to both societies.
Kuwait's team leader to the meeting, ambassador Abdelhamid Al-Failakawi, told KUNA that a wide range of topics were handled at the meeting including those on energy, electricity, and railways, among other things.
He vowed that the Kuwaiti side would study assiduously all the proposals and ideas that the Egyptian side suggested, affirming that today's meeting would not be the last but the start of a series of meetings in the future. He emphasized Kuwait's earnestness in supporting the Egyptian economy and expressed his appreciation to the notion of a new economic partnership between the two countries.
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor