Director Badr Mohamed al-Saad:
Kuwaiti Authority to have more investments in Egypt
Director Badr Mohamed al-Saad
Kuwait City - Arab Today
Egypt's Prime Minister Ibrahim Mahlab met Sunday with Managing Director of the Kuwait Investment Authority (KIA) Badr Mohamed al Saad.
Saad assured Mahlab, currently in an official visit to Kuwait, that KIA would have more investments in Egypt during the upcoming ten years.
He asserted that the authority became more interested in the Egyptian market after Cairo regained political stability and sought to introduce economic reforms.
Mahlab, for his part, stressed that Egypt welcomes KIA's positive and constructive suggestions, pointing out that they would have a great impact on stimulating and diversifying Kuwaiti investments in Egypt.
Source: MENA
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