Al-Kharafi Group Mulls investments in Egypt

A delegation from Kuwait’s Al-Kharafi Group held talks here on Sunday with Egyptian Prime Minister Hazem el-Beblawi with the presence of the Investment Minister Osama Saleh to tackle the Group’s investments in the nation.
The Egyptian Cabinet Spokesman Ambassador Hani Salah said in a statement the two sides discussed prospects of expanding the group’s investments in the foreseeable future particularly in industrial sectors in Egypt.
“Egyptian government is primarily seeking to improve the investment atmosphere in the country for luring foreign, particularly Arab, enterprises,” the spokesman quoted the premier as saying during the meeting.

Al-Beblawi welcomed the delegation’s reference to “the positive outcomes” of the Gulf-Egyptian Investment Forum, hosted by Cairo on December 4.