Kuwaiti firms operate with $7bn capital in Egypt

Cairo - Mubasher: The number of Kuwaiti firms operating in the Egyptian market amounts to 979, with total capital of $7 billion, said Abdullah Al Shaheen, CEO of Feb Capital.

The growth of the Kuwaiti investments in Egypt came in line with the orders of Ahmad Al-Jaber Al-Sabah, Ruler of Kuwait, Shaheen pointed out after visiting the venue of the "8th Kuwaiti week" in Egypt, themed "Kuwait in Egypt”, an event sponsored by his company.

The fair hosted 70 Kuwaiti and Egyptian companies, representing the private and public sectors.

Mubasher Contribution Time: 18-Nov-2015 10:00 (GMT)