Egypt

Kuwaiti Ambassador to Cairo: The Council of Ministers is discussing pumping new investments into Egypt

The Kuwaiti Ambassador to Cairo, Ghanem Saqr Al-Ghanim, said that the Kuwaiti Council of Ministers is currently studying a group of investment opportunities to pump investments into Egypt, and that there is an expected visit by the Kuwaiti Minister of Finance to Egypt to discuss pumping additional investments during the coming period… stressing that there are directives from the Emir The State of Kuwait, Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, directed investments to Egypt, following his meeting with President Abdel Fattah Al-Sisi in Cairo last April.

This came. During the open meeting organized today, Thursday, by the Arab and Foreign Affairs Committee, headed by Hussein Al-Zanati, with the Journalists Syndicate, with the Kuwaiti Ambassador, under the title: " Egypt and Kuwait… a common destiny in a changing world. Egypt is diverse, and in many fields, including tourism, oil, and real estate, in addition to infrastructure projects. There are also many Kuwaiti companies operating inside Egypt in banking, agriculture, and various other aspects. Investment.

 

Ambassador Ghanem Saqr Al-Ghanim confirmed that trade exchange between Egypt and Kuwait is continuing to grow… pointing out that Kuwaiti investments in Egypt amounted to 20 billion dollars, and that there are 50 projects It was implemented by the Kuwait Fund for Development in various Egyptian cities, and that there are more than 100 Kuwaiti companies operating in Egypt. Many years before the oil era, there were delegations from Egypt that went to Kuwait, and during independence, Egypt stood and supported Kuwait in its independence and supported it in various fields, even the military field. To ensure the independence of Kuwait and its joining the League of Arab States, and the subsequent support in the development of Kuwait, and then during the invasion period, where Egypt led the Arab countries to liberate Kuwait.

 

Ambassador Ghanem Saqr said Al-Ghanem, “Until now, the Egyptian brothers are contributing to the development of Kuwait, as there are more than 650,000 Egyptians working in Kuwait to build and develop Kuwait alongside Kuwaitis in various fields,” indicating that There is coordination and meetings between the Egyptian Ministry of Labor and its Kuwaiti counterpart to discuss mechanisms for resuming the issuance of visas to Egyptian workers during the coming period after taking measures to ensure the elimination of the visa trade. 

 

With regard to the events In Gaza, the Kuwaiti ambassador confirmed that his country has supported the Palestinian cause from the beginning, and will continue this support until the completion of the peace process and the establishment of two states, the Palestinian state next to Israel on the borders. 67, and this is Kuwait’s position that is clear and declared to everyone, and we support the Palestinian brothers, and Kuwait has sent a lot of aid to the Gaza Strip, which was brought into the Strip in cooperation with the brothers in Egypt, who provided all support for the arrival of humanitarian aid to Gaza. 

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Regarding the situation in Syria, he said that what is happening in Syria is an internal matter, and we respect the choices of the Syrian people, and we call for the integrity of the Syrian territories and the independence of Syria and its sovereignty over its lands. 

 

For his part, Khaled Al-Balshi, head of the Journalists Syndicate, said that Kuwait has historical relations with Egypt extending back to the 19th century, and the greatest acquaintance with Kuwait culturally was in the year 1913, with Sheikh Muhammad Rashid Reda traveling to Kuwait and coming from there to write an important series of articles about Kuwait. This was a great introduction to Kuwait for the Egyptians, and relations continued after that. It was strengthened during the era of President Gamal Abdel Nasser, and important relations were established, and strong relations were built between the two countries, and this appeared in many important situations in the relations between Egypt and Kuwait during the events that took place between the two countries.

 

In turn, Hussein El-Zanati, Undersecretary of the Syndicate of Journalists, Chairman of the Arab and Foreign Affairs Committee of the Syndicate, stressed the depth of Egyptian-Kuwaiti relations, which is attested by history, and not as a matter of diplomatic words, as Egyptian-Kuwaiti relations are a model. He is a role model in Arab and international relations, as Egypt always affirms its support and stands by everything that would achieve Kuwait’s security and stability politically, economically and militarily, as the late President Gamal Abdel Nasser was one of the first presidents to congratulate Kuwait on its independence in 1961, and the Egyptian positions continued and reached the official position. The popular support for Kuwait during the Iraqi invasion in 1990, and this support continued in all the issues that Kuwait needed from Egypt. As a sister Arab country, it always seeks to preserve Arab national security.

 

The head of the union’s Arab Affairs Committee said that Kuwait always declares its full support for Egypt in various situations, as it is the one that declared its support in history. For “Egyptian-Syrian” unity, then standing with it in the face of the aggression of June 1967, and in the October War of 1973, and finally in supporting the will of the Egyptian people in the 30 Revolution. June 2013, the relations between the Egyptian and Kuwaiti peoples are based on mutual respect and common interests against the background of concern for the unity of destiny and loving goal, as there is an Egyptian community in Kuwait that receives great attention and care from the leadership and the Kuwaiti people.

 

He explained that against this background, Ambassador Ghanem Saqr Al-Ghanim’s meeting with the Journalists Syndicate comes in an open dialogue about everything that concerns the two countries and to present his vision at both levels. The bilateral and regional sector, with his diplomatic experience, as he served as Ambassador Extraordinary to the Republic of the Comoros and Egypt, and he is a diplomat who worked in his country’s embassies in Tunisia, Bahrain and Paris, and was Assistant to the Minister of Foreign Affairs for Legal Affairs and Director of its Legal Department.

 

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