{"id":643803,"date":"2024-09-16T00:00:00","date_gmt":"2024-09-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/16\/madbouly-kouchouck-el-khatib-land-in-riyadh-on-diplomatic-mission-to-boost-trade-investment-plus-egypt-kuwait-ink-ten-mous-during-joint-committee\/"},"modified":"2024-09-16T00:00:00","modified_gmt":"2024-09-16T00:00:00","slug":"madbouly-kouchouck-el-khatib-land-in-riyadh-on-diplomatic-mission-to-boost-trade-investment-plus-egypt-kuwait-ink-ten-mous-during-joint-committee","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/16\/madbouly-kouchouck-el-khatib-land-in-riyadh-on-diplomatic-mission-to-boost-trade-investment-plus-egypt-kuwait-ink-ten-mous-during-joint-committee\/","title":{"rendered":"Madbouly, Kouchouck, El Khatib land in Riyadh on diplomatic mission to boost trade, investment. PLUS: Egypt, Kuwait ink ten MoUs during joint committee"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade and investment top the agenda of meetings with our GCC neighbors: <\/strong>During a high-level visit to the Saudi capital and the holding of the 13th session of the Egypt-Kuwait Joint Committee, numerous agreements were inked \u2014 an increasingly familiar story as our trade and investment relations with the Gulf continue to grow.<\/p>\n<p class=\"tag-border-left\">HIGH-LEVEL DELEGATION LANDS IN RIYADH FOR TRADE, INVESTMENT TALKS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Madbouly, Kouchouk, and El Khatib visit Riyadh in effort to drum up more Saudi<\/strong><strong> investment: <\/strong>Prime Minister Moustafa Madbouly touched down in Riyadh yesterday alongside Finance Minister Ahmed Kouchouk and Investment Minister Hassan El Khatib for talks with their Saudi counterparts aimed at strengthening trade and investment between the two countries, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/kTwAqRpQqzZWKBbZ\/\" style=\"\" rel=\"noopener\">cabinet statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The talks focused on <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid08iRZ3ckAA8GEEf2WvJABFizaxoV1doqgcWsVv9Weqsw9RehrZf8ShwKrdRD6oxVFl\" style=\"\" rel=\"noopener\">showcasing<\/a><\/strong><strong> potential<\/strong><strong> investments and Egypt\u2019s ongoing economic<\/strong><strong> reform program, <\/strong>with talks specifically honing in on the government\u2019s newly released tax policy and efforts to eliminate barriers currently faced by Saudi investors. The Saudi side stressed Egypt\u2019s \u201ctremendous investment potential,\u201d with Saudi commerce minister Majid bin Adbullah Al Kassabi pointing to the industrial, agricultural, and real estate sectors as particularly promising.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A bilateral investment agreement in the works? <\/strong>The two sides also made headway on an Agreement on Promotion and Mutual Protection of Investments between the two countries, which aims to help protect Saudi investors as they look to double their investments in the country in the coming period, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0271b2hkAriCz4DN4LJJqh9ZhpCyzfoQiGJGJUJnc29AGAAiTq84JMjygJZyswe7CPl\" style=\"\" rel=\"noopener\">according<\/a> to Saudi investment minister Khalid Al Falih.<\/p>\n<p class=\"tag-border-left\">MORE EGYPT-KUWAIT COOPERATION AHEAD WITH TEN NEW MoUs-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest session of the Egypt-Kuwait Joint Committee came bearings lots of MoUs:<\/strong> Egypt and Kuwait signed ten MoUs across a number of sectors during the 13th session of the Egypt-Kuwait Joint Committee, which was co-chaired by Foreign Minister Badr Abdelatty and his Kuwaiti counterpart Abdullah Al Yahya, according to statements (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02SaAtfG7TYXi9DbTjYUu8fnsSBQa7t8JnT63sNBfyDdt1hQ2pWBRcXYq6regK3PnKl\" style=\"\" rel=\"noopener\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid09sUhDasaVszzC458VWSNbacPmXUm91juC2xXc7UPCgJRVs5dXsaFU3i6Jeaffu9Xl\" style=\"\" rel=\"noopener\">here<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid035dY1dy3tnY51toSFqZ64S8akDbaVAptyWteR4jEUL7ekQME3fQTfernhakYmDjhDl\" style=\"\" rel=\"noopener\">here<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sectors in question:<\/strong> The two sides signed MoUs in the fields of tourism, housing, media, youth and sports, planning, competition protection, industrial exports, and environmental protection. They also inked an MoU to boolster cooperation between their diplomatic institutes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come?<\/strong> Planning and International Cooperation Minister Rania Al Mashat with the Kuwaiti side discussed the drafting of additional MoUs in the fields of planning, sustainable development, capacity building, and international cooperation, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02XTnkNMX4gKGJjmRz9JL3Motxxy44JsHZBWayTYaHQc43hxuZK6nmk6Hj9Nyv8GZUl\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Sisi talks regional affairs, cooperation with Al Yahya:<\/strong> President Abdel Fattah El Sisi met with Al Yahya during his time in Egypt and the \u201ctwo sides confirmed mutual commitment to further advancing the work of the joint committee to serve the interests of both peoples,\u201d according to an Ittihadiya <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0334MVHtSenvWG4BHpD6GJVrw8vetpEtV6RAx74ndrksrwEo13PCEotZtrGcDzxKbbl\" style=\"\" rel=\"noopener\">statement<\/a>. They also touched on the latest in Gaza and the need to achieve a ceasefire. <\/p>\n<p class=\"tag-border-left\">RENEWED CALLS FOR A TWO-STATE SOLUTION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fresh calls for a two-state solution:<\/strong> A ministerial meeting of Arab League and Organization of Islamic Cooperation members and representatives from Ireland, Norway, Slovenia, and Spain called for the \u201ccredible, irreversible implementation of the two-state solution in accordance with international law and agreed parameters\u201d in Palestine, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ZXGS4Xjmb4FdPugn7TEFyMaXPaVd6aZgAqkAq7SNJwvsrwPzgvA5Y3p3qC3BZp5xl\" style=\"\" rel=\"noopener\">jo<\/a><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ZXGS4Xjmb4FdPugn7TEFyMaXPaVd6aZgAqkAq7SNJwvsrwPzgvA5Y3p3qC3BZp5xl\" style=\"\" rel=\"noopener\">int state<\/a><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ZXGS4Xjmb4FdPugn7TEFyMaXPaVd6aZgAqkAq7SNJwvsrwPzgvA5Y3p3qC3BZp5xl\" style=\"\" rel=\"noopener\">ment<\/a> from the participants. They also called for the full withdrawal of Israeli forces from Gaza \u2014 including the Philadelphi corridor \u2014 and the return of Palestinian control over the Rafah crossing. The participants warned against the \u201cdangerous escalation in the West Bank and urge an immediate halt to military attacks against the Palestinians.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Saudi side stressed Egypt\u2019s \u201ctremendous investment potential\u201d<\/p>\n","protected":false},"author":1,"featured_media":643804,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[168,6684,72,685],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-diplomacy","tag-egypt-kuwait-relations","tag-enterpriseam","tag-kuwait","wpautop","entry"],"acf":{"mongo_id":"78b9247c-e3ea-40e2-8b60-117d6727695a","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/1108.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Madbouly, Kouchouck, El Khatib land in Riyadh on diplomatic mission to boost trade, investment. PLUS: Egypt, Kuwait ink ten MoUs during joint committee","related_issue":[643793],"teaser":"The Saudi side stressed Egypt\u2019s \u201ctremendous investment potential\u201d","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.03b6a273-caa7-43d4-a6cf-672ff601d554.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Madbouly, Kouchouck, El Khatib land in Riyadh on diplomatic mission to boost trade, investment. 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The two ministers discussed the Grand Ethiopian Renaissance Dam, as well as developments in Palestine, Sudan\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/227.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":661180,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/madbouly-discusses-potential-investments-during-visit-to-kuwait\/","url_meta":{"origin":643803,"position":3},"title":"Madbouly discusses potential investments during visit to Kuwait","author":"enterpriseam admin","date":"24 February 2025","format":false,"excerpt":"Madbouly put forward a bunch of potential investments on the table, namely those in the agriculture and pharma sectors","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2184.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644156,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/no-more-power-cuts-more-investments-and-more-from-madboulys-latest-presser\/","url_meta":{"origin":643803,"position":4},"title":"No more power cuts, more investments, and more from Madbouly\u2019s latest presser","author":"enterpriseam admin","date":"22 September 2024","format":false,"excerpt":"Our natural gas output will return to normal levels before June 2025","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1612.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643877,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/17\/mohammed-bin-salman-tells-pif-to-pump-usd-5-bn-in-investments-into-egypt-in-first-phase\/","url_meta":{"origin":643803,"position":5},"title":"Mohammed bin Salman tells PIF to pump USD 5 bn in investments into Egypt in \u201cfirst phase\u201d","author":"enterpriseam admin","date":"17 September 2024","format":false,"excerpt":"Details on the kinds of investments to be targeted remained sparse","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1243.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=643803"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643803\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/643793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/643804"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=643803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=643803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=643803"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=643803"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=643803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}