Prime Minister Mostafa Madbouly Sunday said that the government welcomes pumping new investments and is working on removing obstacles and challenges facing these investments, with view to luring further investments in targeted sectors. Madbouli underscored the strength of Egyptian-Kuwaiti relations as well as keenness on promoting Kuwaiti investments in Egypt in various fields. “We are aware of eagerness of the Kuwaiti side on injecting investments in Egypt alongside expanding the already existing ones,” Madbouly said. We are committed to expanding our projects,” Kharafi said while reviewing the various operations of the EKHO company in Egypt. Kharafi voiced desire to finalize a project to establish a hotel in Al Arish city, which has faced several hindrances over the past period.

Source: Egypt Independent February 20, 2024 23:04 UTC