To close a projected financing gap of around $17 billion by 2026, Egypt is looking to attract fresh foreign currency, including a target of $6-8 billion by the end of FY2023/2024.
President Abdel Fatah al-Sisi received Sunday cables from UAE counterpart Sheikh Mohamed Bin Zayed Al-Nahyan and Emir of Kuwait Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah.
The bodies of four Egyptians who have been killed in a car accident in Kuwait have been repatriated, Egypt’s Consul General in Kuwait Heba Zaki said the Consulate said on Tuesday.
The Minister of Petroleum noted that the two countries established the Egyptian-Kuwaiti Cooperation Council in 2014, with the aim of enhancing means of economic cooperation and seeking greater cooperation in the field of economy and investment.
Kuwaiti Foreign Minister Sheikh Salem Al-Abdullah chaired a delegation and headed for Egypt to participate in the Jerusalem Conference 2023, which is scheduled to be held in the League of Arab States tomorrow, Sunday, February 12, 2023, KUNA reported on Saturday.
Egypt's megastar Angham to perform her 1st concert after recovery in Kuwait on December 26
Egypt’s Amr Diab to perform in Kuwait’s MotorTown on December 16
Egypt’s Foreign Minister Sameh Shoukry congratulated his Kuwaiti counterpart Sheikh Salem Abdullah Al-Jaber Al-Sabah on assuming office
As per the deal, the Kuwaiti Fund would grant 750,000 dinars (($2.5 million) to prepare a feasibility study for establishing a railway connection between Egypt and Sudan.
“Kuwait is the third largest Arab trading partner, and the fourth largest global trading partner among the investing countries," Maait said.
The minister, meanwhile, said that the political leadership is keen on stimulating private sector activity, especially that Egypt has an advanced infrastructure and ability to accommodate investment expansion in the various sectors.
The Kuwaiti businessmen stressed their interest to explore ways to bolster cooperation between the two countries, given the numerous fields and promising investment opportunities offered in Egypt.
The Crown Prince of Kuwait confirmed Kuwait’s appreciation for Egypt’s leadership and people, in light of the profound and firm relations and solid historic bonds the two countries share, the statement continued,
The Egyptian Fund for Combating and Treating Addiction and Abuse of the Ministry of Social Solidarity presented its experience in social and economic development of recovering addicts during the 37th conference of the National Awareness Project for Drug Prevention (Grass).
Egypt’s superstar Angham to perform in Kuwait on June 24
Egyptian Ambassador to Kuwait Osama Shaltout received from the Kuwait National Museum five artifacts that were smuggled from Egypt.
Elissa, Wael Kfoury to perform in Kuwait on June 9
In his meeting with Speaker of the House of Representatives Dr. Hanafi Jabali, Ghanim stressing said: “Egypt is the capital of the Arabs."
President Sisi received a phone call from the governor of the Tabuk region Tabuk Fahd bin Sultan to congratulate him on the occasion of the blessed Eid Al-Fitr.
Egypt's exports to Kuwait, recording $274 million during the first 11 months of 2021, compared to $229.4 million during the same period in 2020, marking an increase of 19.5 percent.