September 20, 2024

Maait: Egypt keen on enhancing financial coop. with Qatar


Finance Minister Mohamed Maait asserted that Egypt succeeded over the past decade in establishing a strong infrastructure for attracting and supporting local and foreign investments in various domains.

He said the state spares no effort to incentivize investments, especially of the private sector, which is a sustainable economic development locomotive.

Maait made the remarks during a meeting with Qatari Finance Minister Ali bin Ahmed Al Kuwari on the fringe of the Asian Financial Forum in Hong Kong.

The talks tackled means of enhancing bilateral ties in various domains and boosting trade exchange.

He underlined keenness on enhancing financial, tax and customs cooperation with Qatar.

Maait said he is looking forward to increasing the Qatari investments in Egypt in the coming period, especially in light of the investment-attractive opportunities in various domains.

He referred to the ‘golden license’ which contributed to accelerating investments and production,

Source: State Information Service Egypt