Egyptian Prime Minister underlines political, national keenness on fostering economic relations with GCC



Cairo, Nov. 22 (BNA): Egyptian Prime Minister, Mostafa Madbouli, has underlined his country’s keenness on fostering economic relations with the Gulf Cooperation Council (GCC) states to face global economic crises.


In his speech delivered by Trade and Industry Minister Ahmed Samir in the first edition of the Egyptian-Gulf business forum, Madbouli pointed out to Egyptian private sector’s keenness on forming a strong Arab alliance that contributes to reaching joint Arab economic development.


According to the Middle East News Agency (MENA), Prime Minister Madbouli also stressed the importance of benefiting from the selling of state-owned entities in the upcoming three years that will open the way to local, Arab and foreign investments in Egypt.


The premier hailed the forum aimed at exchanging expertise between the two sides to benefit from the distinguished relations between political leaderships of Egypt and GCC states.



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