Mubasher: Trade exchange between Egypt and Kuwait is expected to reach more than $600 million this year, compared with $585 million last year, KUNA cited an official as saying.
Medhat Adel, head of commercial office at Egypt's embassy in Kuwait said the size of Kuwaiti investments in Egypt amount to around $3 billion and will likely rise this year.
Meanwhile, well-informed sources told Mubasher on Wednesday that the Egyptian government is in talks with Kuwait over receiving a $2 billion deposit to boost its reserves.
