2 Days
Source:
المصدر
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Egypt-Kuwait to boost project financing
Egyptian-Kuwaiti discussions addressed activating mechanisms to ensure the financing of infrastructure projects in Egypt, aimed at boosting Kuwaiti investments and supporting Egypt's infrastructure development plans, in collaboration with the National Investment Bank. The two sides emphasized their historic relations and the importance of joint development projects. Additionally, meetings with senior economists at the World Bank highlighted developments in the Egyptian economy, which experienced a growth rate of 5.1% during the last fiscal year, with the private sector's contribution increasing to 57.7%. The discussions also covered the National Economic Transformation Program, which aims to complete economic reforms based on the directives of President Abdel Fattah El-Sisi.
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