Investment Minister Meets Kuwait's AREF Investment Group To Explore Expansion In Egypt
The meeting highlighted AREF's existing investments in Egypt, which total $120m, and the company's growing interest in expanding its presence in key sectors such as education, healthcare, industry, and logistics services.
El-Khatib emphasized Egypt's investment advantages and the comprehensive reforms currently being implemented by the government, including financial, monetary, and trade policy measures aimed at facilitating business operations and increasing Egypt's global trade competitiveness.
The minister reaffirmed the government's commitment to attracting more Kuwaiti investments and strengthening economic ties between the two countries. He noted that the Ministry of Investment and Foreign Trade is focused on enhancing Egypt's business environment by providing institutional and legislative support, streamlining procedures, and eliminating barriers that investors may face.
AREF Investment Group's delegation expressed confidence in Egypt's market potential, describing it as one of the most promising investment destinations in the region. They confirmed the group's commitment to expanding operations in Egypt, citing the country's unique opportunities and strategic alignment with their investment objectives.
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