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Investment Sector: Emerging Markets Submitted by Yehia 
, HR Manager
at HR Manager in Advertising Company
4 months ago Tags: kuwait investment economy European Mediterranean Arab Minister Egypt Add Tag |
Egyptian Joint Commission - Kuwaiti
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Concluded this evening Palace liberation of the seventh session of the Egyptian-Kuwaiti joint committee chaired by Mr. Ahmed Aboul Gheit Minister of Foreign Affairs Sheikh Dr. Mohammad Sabah and Foreign Minister of Kuwait.
Abul Gheit at a joint press conference with his Kuwaiti counterpart at the end of the joint committee, the Committee held its meetings in the first two stages and was the culmination preparatory today the signing of a number of conventions, pointing out that one of the basic features of the Commission in its current session represented in the presence of Egyptian-Kuwaiti agreement to establish a mechanism And to help Tsehel life of the citizens .. and any problems that could arise, the mechanism will be the best way to facilitate their living conditions.
Aboul Gheit stressed that the second important feature was the two sides agreed on a mechanism for investment .. Kuwait brothers and friends have great investment potential and a desire to promote Egyptian-Kuwaiti investments in Egypt, and Egypt is open and available to all interested in this type of investment and therefore Brothers in Kuwait also have a desire to move to build a Kuwaiti investments in Egypt and work on strengthening the capacity of the Egyptian economy. Aboul Gheit pointed out that despite the focus on bilateral topics have focused consultations between the Foreign Ministers of both countries to discuss all political issues and we are in constant contact, We discussed the topic of the next economic summit in Kuwait in January next, as well as the situation in Sudan and the question of directing the Attorney General's accusations of Sudanese President Omar al-Bashir, as well as in general we discussed all issues, such as the recent meeting of the Union for the Mediterranean, where Dr. Mohammad Al-Sabah briefed on the concept of the European Mediterranean.
For his part, Sheikh Mohammad Sabah said that the momentum of the periodic meetings of the joint committee between the two countries, which held seven regular meetings reflect the Kuwaiti-Egyptian relations .. We in Egypt and Kuwait are not talking about slogans, but talking to work and achievement, Kuwait has opened its doors for brothers Egyptians who make up a small in Kuwait who are always welcome and affection of the Kuwaiti brothers to understand and participate with honor and sincerity of the secretariat of the Renaissance in the economic, educational and social advancement of Kuwait .. The Foreign Minister of Kuwait that the meeting of the Joint Commission today will have great importance because it precedes the Arab economic summit to be held in Kuwait .. And this summit is the product of consensus between the wise leadership are the Egyptian leadership and the Kuwaiti leadership by President Hosni Mubarak and Sheikh Sabah Al-Ahmad Al-Sabah, who advanced to draft joint Arab economic summit .. The Joint Commission meeting is important at a time where we have a program for processing of the Arab Economic Summit Kuwait will be held next January and we hope that augur well for the opening of areas of cooperation, investment and economic cooperation among Arab countries.
On the Arab economic summit to be held in Kuwait and whether it can come out something similar to the European Union, Abul Gheit said that the economic summit is aimed to establish something similar to the European Union and the Arab world has .. and the Arab League summit is the summit of economic concepts, meaning that there are two first focuses To agree on a number of giant economic projects to boosting cooperation between Arab countries and focus on specific projects .. and there is talk about seeing the second meaning of the concepts and why the Arab group does not set priorities for the collection among themselves and enhance the capabilities of cooperation and coordination and standardization tendencies sense lines .. Railways, roads, airlines and the ability of ports to the Arab joint action, as well as electricity grids of Arab joint cooperation in peak hours and energies when we chose the Arab group of companies to build nuclear power plants .. and how we cooperate together in the energy field .. There is of course what We call the Third Way any combination of these two trends are all ideas are being discussed around .. Aboul Gheit pointed out that the Foreign Minister of Kuwait will send a delegation to Cairo for coordination with Cairo and the Arab League to determine the safest way to move.
Asked about the volume of trade exchange between Egypt and Kuwait Aboul Gheit said that the trade volume between the two countries and a billion three hundred million and there are four hundred thousand Egyptian residing in Kuwait .. They are not only helping to develop the economy of Kuwait, but a source of income for two and a half million Egyptians.
Replying to a question about the importance of Kuwaiti Minister of Arab and Arab-economic dimension in support of Darfur and to contribute to solving the problem economically Sheikh Mohammad al-Sabah said that the use of economic side to strengthen Arab national security was the thought leaders at the Egyptian and Kuwaiti raise the idea of holding an Arab economic summit, pointing out that, for the Sudan Kuwait has been a historic role in helping particularly in southern Sudan and opened Kuwait since the end of the sixties as a consulate office in Juba .. It was the only Arab officers in southern Sudan to help and assistance to the brothers in southern Sudan to them in the Arab world in general.
He pointed out that helping Sudan economically is the duty required, not only because there is an accusation directed to President al-Bashir, but we feel that there is now a challenge for the cause of poverty .. and Kuwait once again made three hundred million dollars to fight poverty in Africa .. It also monitored the amount of time to face the crisis of rising food prices .. He must employ the capabilities of our nation's economic and political protection of Arab national security. He had been at the outset of the meetings of the joint Egyptian-Kuwaiti signing of a loan agreement to expand gas distribution networks in Cairo and Giza between the Ministry of International cooperation and the Kuwaiti Fund for Economic Development worth twenty million Kuwaiti dinars and an operational programme of technical cooperation in the field of vocational training for the years 2008 and 2009 and the Agreement on mutual assistance and cooperation in customs affairs and the executive agreement for cultural and artistic cooperation in the exchange of publications and experts and information and training between the Bibliotheca Alexandrina The Kuwaiti National Council for Culture, Arts and Letters, and the operational programme for cooperation in the field of youth and the vanguard for the years 2008 and 2010 and operational programme of cooperation in sports between 2010.2008.
Abul Gheit at a joint press conference with his Kuwaiti counterpart at the end of the joint committee, the Committee held its meetings in the first two stages and was the culmination preparatory today the signing of a number of conventions, pointing out that one of the basic features of the Commission in its current session represented in the presence of Egyptian-Kuwaiti agreement to establish a mechanism And to help Tsehel life of the citizens .. and any problems that could arise, the mechanism will be the best way to facilitate their living conditions.
Aboul Gheit stressed that the second important feature was the two sides agreed on a mechanism for investment .. Kuwait brothers and friends have great investment potential and a desire to promote Egyptian-Kuwaiti investments in Egypt, and Egypt is open and available to all interested in this type of investment and therefore Brothers in Kuwait also have a desire to move to build a Kuwaiti investments in Egypt and work on strengthening the capacity of the Egyptian economy. Aboul Gheit pointed out that despite the focus on bilateral topics have focused consultations between the Foreign Ministers of both countries to discuss all political issues and we are in constant contact, We discussed the topic of the next economic summit in Kuwait in January next, as well as the situation in Sudan and the question of directing the Attorney General's accusations of Sudanese President Omar al-Bashir, as well as in general we discussed all issues, such as the recent meeting of the Union for the Mediterranean, where Dr. Mohammad Al-Sabah briefed on the concept of the European Mediterranean.
For his part, Sheikh Mohammad Sabah said that the momentum of the periodic meetings of the joint committee between the two countries, which held seven regular meetings reflect the Kuwaiti-Egyptian relations .. We in Egypt and Kuwait are not talking about slogans, but talking to work and achievement, Kuwait has opened its doors for brothers Egyptians who make up a small in Kuwait who are always welcome and affection of the Kuwaiti brothers to understand and participate with honor and sincerity of the secretariat of the Renaissance in the economic, educational and social advancement of Kuwait .. The Foreign Minister of Kuwait that the meeting of the Joint Commission today will have great importance because it precedes the Arab economic summit to be held in Kuwait .. And this summit is the product of consensus between the wise leadership are the Egyptian leadership and the Kuwaiti leadership by President Hosni Mubarak and Sheikh Sabah Al-Ahmad Al-Sabah, who advanced to draft joint Arab economic summit .. The Joint Commission meeting is important at a time where we have a program for processing of the Arab Economic Summit Kuwait will be held next January and we hope that augur well for the opening of areas of cooperation, investment and economic cooperation among Arab countries.
On the Arab economic summit to be held in Kuwait and whether it can come out something similar to the European Union, Abul Gheit said that the economic summit is aimed to establish something similar to the European Union and the Arab world has .. and the Arab League summit is the summit of economic concepts, meaning that there are two first focuses To agree on a number of giant economic projects to boosting cooperation between Arab countries and focus on specific projects .. and there is talk about seeing the second meaning of the concepts and why the Arab group does not set priorities for the collection among themselves and enhance the capabilities of cooperation and coordination and standardization tendencies sense lines .. Railways, roads, airlines and the ability of ports to the Arab joint action, as well as electricity grids of Arab joint cooperation in peak hours and energies when we chose the Arab group of companies to build nuclear power plants .. and how we cooperate together in the energy field .. There is of course what We call the Third Way any combination of these two trends are all ideas are being discussed around .. Aboul Gheit pointed out that the Foreign Minister of Kuwait will send a delegation to Cairo for coordination with Cairo and the Arab League to determine the safest way to move.
Asked about the volume of trade exchange between Egypt and Kuwait Aboul Gheit said that the trade volume between the two countries and a billion three hundred million and there are four hundred thousand Egyptian residing in Kuwait .. They are not only helping to develop the economy of Kuwait, but a source of income for two and a half million Egyptians.
Replying to a question about the importance of Kuwaiti Minister of Arab and Arab-economic dimension in support of Darfur and to contribute to solving the problem economically Sheikh Mohammad al-Sabah said that the use of economic side to strengthen Arab national security was the thought leaders at the Egyptian and Kuwaiti raise the idea of holding an Arab economic summit, pointing out that, for the Sudan Kuwait has been a historic role in helping particularly in southern Sudan and opened Kuwait since the end of the sixties as a consulate office in Juba .. It was the only Arab officers in southern Sudan to help and assistance to the brothers in southern Sudan to them in the Arab world in general.
He pointed out that helping Sudan economically is the duty required, not only because there is an accusation directed to President al-Bashir, but we feel that there is now a challenge for the cause of poverty .. and Kuwait once again made three hundred million dollars to fight poverty in Africa .. It also monitored the amount of time to face the crisis of rising food prices .. He must employ the capabilities of our nation's economic and political protection of Arab national security. He had been at the outset of the meetings of the joint Egyptian-Kuwaiti signing of a loan agreement to expand gas distribution networks in Cairo and Giza between the Ministry of International cooperation and the Kuwaiti Fund for Economic Development worth twenty million Kuwaiti dinars and an operational programme of technical cooperation in the field of vocational training for the years 2008 and 2009 and the Agreement on mutual assistance and cooperation in customs affairs and the executive agreement for cultural and artistic cooperation in the exchange of publications and experts and information and training between the Bibliotheca Alexandrina The Kuwaiti National Council for Culture, Arts and Letters, and the operational programme for cooperation in the field of youth and the vanguard for the years 2008 and 2010 and operational programme of cooperation in sports between 2010.2008.
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