Kuwaiti Emir Sheikh Mishal Al Ahmad Al Jaber Al Sabah will start on Tuesday an official visit to Cairo, where he is scheduled to meet with Egyptian President Abdel Fattah al Sisi.
The upcoming visit will be the Emir’s first since assuming power last December, Kuwait’s ambassador to Cairo, Ghanim Al-Ghanim told the Kuwaiti news agency, KUNA.
“This visit was welcomed both officially and by the people in Egypt,” he stressed.
Al-Ghanim said the Kuwaiti-Egyptian relations are characterized by their close and enduring historical bonds, spanning decades and serving as a model for Arab-Arab relations.
“The Emir’s visit would enhance the excellent relations between the two countries, expanding into broader areas,” the ambassador said.
He then noted the alignment of positions between the leaderships of both countries regarding all regional and international issues, especially the Palestinian issue.
The visit also affirms the Kuwaiti leadership’s commitment to enhancing communication and consultation between Cairo and Kuwait regarding regional and international developments, Al-Ghanim said, adding that it also involves discussing mutual interests and developing bilateral relations in various fields, which would benefit both countries.
The Ambassador praised Egypt’s efforts to improve its investment climate and welcome Arab and foreign investments, particularly those from Kuwait. “The Kuwaiti private sector has confidence in Egypt’s investment environment, particularly due to the economic reforms undertaken by the Egyptian government,” Al-Ghanim affirmed.
He told KUNA that his country holds a prominent status among Arab investments in Egyptian markets, reflecting the Kuwaiti investor’s confidence in the Egyptian economy and the available investment prospects.
The Ambassador also spoke about the financing programs offered by the Kuwait Fund for Economic Development (KFAED), which support more than 50 strategic projects, significantly contributing to the Egyptian economy.
Al-Ghanim hoped the Emir’s visit to Cairo and his meeting with the Egyptian President would be successful.
