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El-Sisi pledges facilities for Kuwaiti investors in Egypt

Businessmen Team news 30 October 2025 02:36 PM
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El-Sisi pledges facilities for Kuwaiti investors in Egypt

President Abdel Fattah El-Sisi received Kuwaiti Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah on Thursday in Cairo to discuss bilateral relations and regional developments, Egypt's presidency announced.

The meeting was attended by Egyptian Prime Minister Dr. Moustafa Madbouly, Foreign Minister Dr. Badr Abdelatty, and Minister of Investment and Foreign Trade Engineer Hassan El-Khatib.

The Kuwaiti delegation included the acting Minister of Electricity, Water, Renewable Energy, Finance, and State Minister for Economic Affairs and Investment, Subaih Abdulaziz Al-Mukhayzeem; the Undersecretary of the Prime Minister's Diwan, Sheikh Khalid Mohammed Al-Khalid Al-Sabah; the Managing Director and Board Member of the Kuwait Investment Authority, Sheikh Saud Salem Abdulaziz Al-Sabah; Kuwait's Ambassador to Cairo, Ghanem Saqr Ali Al-Ghanem; and the Assistant Director-General for Investment Operations at the Kuwait Direct Investment Promotion Authority, Sheikh Abdullah Sabah Humoud Al-Sabah.

President Sisi welcomed the Kuwaiti official, stressing the depth of strategic relations and historical bonds between the two nations, according to Ambassador Mohamed El-Shenawy, the official spokesman for the Presidency. Sisi also praised the continuous efforts of the Emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, to achieve development and prosperity in the Gulf state.

The Kuwaiti Prime Minister conveyed greetings from the Emir and lauded the tangible development in Egyptian-Kuwaiti relations across all sectors. He affirmed Kuwait's commitment to deepening historical cooperation in various fields. He also congratulated Sisi on the inauguration of the Grand Egyptian Museum, recognizing it as an embodiment of Egypt's civilization. Furthermore, he expressed Kuwait’s appreciation for the significant role of the Egyptian community in Kuwait, especially in the health and education sectors.

Both sides agreed to follow up on the outcomes of President Sisi's state visit to Kuwait in April, particularly in trade and investment. Sisi specifically welcomed Kuwaiti investments in all fields and stressed Egypt's commitment to removing any obstacles and providing all necessary facilities for Kuwaiti investors.

The officials also addressed regional developments. The Kuwaiti Prime Minister expressed his country's appreciation for Egypt's pivotal role in establishing security and stability in the region, praising its efforts in reaching the agreement for a cessation of hostilities in the Gaza Strip. In this context, both sides underscored the importance of the full implementation of the agreement and commencing the reconstruction of the Gaza Strip.