Egypt and Kuwait are considering converting the Kuwaiti deposit at the Central Bank of Egypt (CBE) into direct investments, Minister Kamel El-Wazir announced during his meeting with Kuwait Prime Minister Sheikh Ahmad Abdullah Al-Sabah in Kuwait on Monday. El-Wazir outlined Egypt's efforts to enhance its investment climate, citing the country's comprehensive development projects over the last decade, particularly in transport. He highlighted major infrastructure initiatives in railways, electric trains, tunnels, roads, bridges, and port development. Egypt has launched seven integrated logistics corridors to link production areas (industrial, agricultural, and mining) with maritime ports and connect Red Sea and Mediterranean ports. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
