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FM discusses investment opportunities between Egypt, Gulf states
14 July 2024
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Egypt's Minister of Foreign Affairs and Emigration Badr Abdel Atty emphasized the need to focus on exploring investment opportunities between Egypt and the Gulf states.

Abdel Atty made the remarks during his meeting with Jasem Mohammad Albudaiwi, the Secretary General of the Gulf Cooperation Council (GCC), in Cairo on Saturday.

Abdel Atty highlighted the need to focus on investments, which bring benefits to both sides.

He also called for the promotion of cooperation in clean energy, tourism, vocational education, and cultural exchange, as well as encouraging the participation of the private sector from both sides in various fields.

Abdel Atty praised the pivotal role of Egyptian-Gulf relations and confirmed Cairo's keenness to enhance them.

He emphasized that the security, stability, and prosperity of the Gulf countries are crucial to Egypt's national security interests and integral to collective Arab national security.

Abdel Atty commended the significant growth witnessed in Egyptian-Gulf relations across political, economic, and social cooperation.

The meeting highlighted the implications of Red Sea tensions on global maritime trade and the Suez Canal, further deepening the current global economic crisis.

Source: Egypt Today

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