Cairo:Egypt is set to host the World Economic Forum's "Country Strategy Meeting" on November 16-17, following an agreement signed by the Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates, Badr Abdelatty, and WEF CEO Alois Zwinggi.

According to State Information Service Egypt, the meeting underscores Egypt's significant role on the international investment map and its strategic position as a nexus between African, Arab, and global markets. This event is expected to open new economic opportunities and strengthen partnerships with major international companies.

The gathering will see the participation of approximately 80 senior executives from leading global companies, international economic institutions, and private-sector leaders from various countries. Discussions will center on promoting investment-driven inclusive growth, enhancing the competitiveness of the Egyptian economy, and supporting a transition toward an economic model that emphasizes the private sector, exports, and productivity, in accordance with Egypt's economic priorities.

Abdelatty highlighted that Egypt's hosting of the meeting reflects confidence in its economy and its resilience amid regional and international challenges. He emphasized the substantial investment opportunities available, citing the country's progress in infrastructure, road networks, ports, and the energy sector, along with the modernization of the banking sector and improved investment procedures and incentives.

Zwinggi acknowledged Egypt's significant economic potential and its crucial role in the global economy. He stated that the meeting would provide a platform to enhance public-private cooperation, establish new partnerships, and convert shared priorities into concrete actions to boost competitiveness and support sustainable and inclusive growth in Egypt and globally.