Egypt’s Minister of Finance Mohamed Maait held a bilateral meeting with his Qatari counterpart Ali bin Ahmed Al-Kuwari, on the sidelines of their participation in the joint annual meetings of Arab financial authorities in Rabat, Morocco.
Maait stressed the Egyptian government’s keenness to enhance financial, tax and customs cooperation with the Qatari side, in a way that contributes to creating a more stimulating environment for trade, production and export between the two countries, pointing to Egypt’s progress in structural reforms to empower the domestic and foreign private sector, and give it a greater opportunity to play its desired role in maximizing the productive and export capabilities of the Egyptian state, and strengthening the cohesion of the Egyptian economy. In this context, the importance of the state ownership policy document is growing in opening broad horizons for private investments.
Maait said that Egypt is looking forward to attracting more investments in promising development sectors, especially in light of the attractive opportunities that the country provides, in priority sectors in light of the global trend of green transformation and focus on renewable energy production, which is in harmony with the Egyptian efforts aimed at expanding environment-friendly investments based on a developed infrastructure capable of meeting all the needs of investment and production activities.
For his part, Ali Al-Kuwari said that his country is a major investor in Egypt in all sectors, pointing out that we seek to stimulate Qatari investments in Egypt in continuation of the historical ties between the two countries.
Al-Kuwari invited the Egyptian Minister of Finance to attend the Qatar Economic Forum, which will be held in Doha from 23 to 25 May.