Kuwait City: The Minister of Investment and Foreign Trade meets with a delegation from the Kuwaiti Arif Investment Group to review investment opportunities and components in the Egyptian market. During his current visit to the sister State of Kuwait, Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, met with a delegation from the Kuwaiti Arif Investment Group.

According to State Information Service Egypt, the meeting discussed investment opportunities and components in the Egyptian market, as well as the company’s current and future projects in Egypt. The minister stated that the meeting reviewed the company’s investments in Egypt, which amount to 120 million dollars, noting the company’s interest in expanding in the Egyptian market in the fields of education, health, industry, and logistics services.

Al-Khatib added that the meeting highlighted the investment opportunities and components in Egypt, as well as the measures and procedures currently adopted by the Egyptian government related
to reforms in financial, monetary, and trade policies aimed at facilitating investors and easing the flow of Egypt’s foreign trade, indicating the ministry’s keenness to attract more Kuwaiti investments to the Egyptian market and increase trade rates between the two countries.

The minister explained that the ministry is working to create a more competitive and attractive investment climate for local and foreign investments, providing a supportive institutional and legislative environment, improving the business environment, simplifying procedures, and overcoming obstacles facing investors. The delegation from the Kuwaiti Arif Investment Group affirmed the group’s commitment to investing and expanding in the Egyptian market, considering it one of the most important investment markets in the region, which possesses many distinctive investment opportunities that align with the company’s current investment directives.