Kuwait Keen to Pump more Investments in Egypt

Kuwaiti Liquidity House and Finance House voiced keenness on pumping more investments into Egypt, especially in light of the current circumstances in the country, said Finance Minister Momtaz al-Saied. The minister made the remark during his meeting on 10/10/2012 with a Kuwaiti delegation from the two financial institutions, under the vice President of the Kuwaiti Liquidity House.

The Kuwaiti delegation voiced readiness to help Egypt to surpass the current economic difficulties, the minister said, affirming the keenness of the Kuwaiti financial institutions to maintain cooperation with Egypt and carry out joint projects. Al-Saied discussed with the visiting World Bank experts on Egypt latest negotiations with the International Monetary Fund and the efforts exerted by the Egyptian government to surpass the economic crisis.