Tunis:Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty emphasized the strong fraternal and historic relations between Egypt and Kuwait, highlighting their commitment to enhancing cooperation in economic, trade, and investment sectors.

According to State Information Service Egypt, Abdelatty met with Kuwaiti Finance Minister Yaqoub al Sayed Yousef al Sayed Hashem al Rifai, alongside Minister of Planning and Economic Development Ahmed Rostom. The meeting occurred during the World Bank and International Monetary Fund (IMF) annual meetings, which Abdelatty attended as Egypt's governor at the World Bank.

The ministers discussed the importance of strengthening coordination within the World Bank on development financing, fiscal reform, and regional priorities. They emphasized intensifying Arab coordination within international financial institutions to improve Arab representation and ensure their priorities are reflected in development agendas.

Abdelatty welcomed the increase in Kuwaiti investments in Egypt and stressed the importance of identifying sectors and projects for Kuwaiti private-sector participation. He appreciated the Kuwait Fund for Arab Economic Development's support for development projects and hoped for expanded cooperation with the fund.

Minister Rostom reaffirmed Egypt's dedication to advancing economic relations with Kuwait and expressed interest in cooperation in development planning and expertise exchange. He noted that such collaboration would support development-focused planning and enhance the economic and social returns of government projects. Rostom also highlighted the economic and structural reforms implemented by the government, which have bolstered financial and monetary stability and improved the investment climate.