Prime Minister Moustafa Madbouly on Wednesday reviewed investment opportunities under negotiation with several Gulf states as Egypt seeks to increase foreign direct investment and strengthen hard currency inflows, the Cabinet said. The prime minister met in New Alamein with Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir, Finance Minister Ahmed Kouchouk, Investment and Foreign Trade Minister Hassan El-Khatib, Public Enterprises Minister Mohammed Sheemy, Petroleum Minister Karim Badawy and other senior officials. Discussions focused on potential deals in sectors including industry, energy and infrastructure, part of a government push to attract strategic Gulf capital into high-potential projects. The prime minister stressed that government is giving top priority to drawing both domestic and foreign investment through targeted incentives and streamlined procedures, in line with Egypt's broader economic competitiveness strategy. The talks form part of a wider effort to market promising projects to Gulf partners and position them as key drivers of sustainable growth. Attribution: Amwal Al Ghad English
