Badr Abdel Ati on boosting Arab investments in Egypt
Egyptian Minister of Foreign Affairs and International Cooperation, Sameh Shoukry, discussed with Fawzi Yusuf Al-Huneif, Director-General of the Arab Fund for Economic and Social Development, ways to strengthen Arab investments in Egypt and expand cooperation with regional financial institutions. The meeting addressed supporting development and strategic projects, increasing concessional financing, and developing economic partnerships to promote development and face global economic challenges such as trade disruptions, debt burdens, food and water security, and climate change. There was also a focus on expanding the Fund’s role in mobilizing Arab investments in the Egyptian market, enhancing joint financing, and fostering regional joint projects in sectors like electric connectivity, transportation, and logistics to strengthen economic ties between Arab countries and Egypt. These meetings are part of efforts to enhance partnerships for implementing infrastructure projects and achieving sustainable economic development in Egypt and the Arab region as a whole.
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