He reviewed the investment opportunities in Egypt, along with the current measures and procedures implemented by the government in trade and investment policies to make it easier for investors and streamline foreign trade in the country.
El-Khatib highlighted the strong historical ties between Egypt and Bahrain, emphasising the significance of the Egyptian-Bahraini joint governmental committee in enhancing economic relations, the ministry of investment and foreign trade said in a statement.
He stressed the importance of maximising the benefits of the agreement to facilitate and develop trade exchange between Arab countries and implementing the executive programme for the Greater Arab Free Trade Area (GAFTA).
El-Khatib expressed support for collaboration between the private sector of both countries to create partnerships in investment projects, aiming to promote economic development and achieve sustainable development goals.
He highlighted Egypt’s attractive investment climate, including favourable infrastructure, skilled labour, and efficient engineers. Egypt’s free trade agreements with various countries and economic blocs, along with its favourable investment climate and opportunities, further enhance its appeal to foreign investors. He further emphasised that these Bahraini investments in Egypt focus on finance, industry, construction, agriculture, tourism, services, communications, and information technology.
ALCHEMPro News Desk (RR)
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