Egyptian-Gulf Trade, Investment Forum Underscores Deepening Economic Partnerships

Cairo, 10 Nov (ONA) --- The First Egyptian-Gulf Trade and Investment Forum, held today in Cairo under the slogan "A Roadmap towards Enhancing Egyptian-Gulf Economic Cooperation", and in which the Sultanate of Oman is participating, affirmed the importance of deepening economic partnerships and capitalizing on available investment opportunities.

The opening of the forum was held under the auspices of Dr. Mostafa Madbouly, Prime Minister of the Arab Republic of Egypt.

The forum included extensive discussions on developmental projects and future investment opportunities, alongside direct meetings between the public and private sectors and bilateral business meetings that help enhance cooperation and develop joint opportunities.

The forum hosted a main ministerial session which addressed the future of trade and investment relations and prospects for economic development between the two sides. The session reviewed efforts made to improve the business environment, facilitate investment movement, and enhance the roles of both the public and private sectors in supporting economic growth and providing quality opportunities for investors.

The dialogue sessions also focused on reading the reality of the Gulf and Egyptian markets, discussing mechanisms to overcome challenges related to financing and regulatory procedures, and identifying priorities for future joint cooperation.

The forum also included B2B meetings between Egyptian businessmen and their counterparts from the GCC States and an exhibition of investment opportunities in various economic sectors in the Arab Republic of Egypt.

The forum's program for tomorrow includes field visits to a number of administrative and economic cities, ports, and economic projects in the Arab Republic of Egypt.

Through its participation in the forum, the Sultanate of Oman seeks to expand its presence in regional and international economic events, due to their contribution to enhancing communication within the business community, highlighting promising investment opportunities, exchanging successful experiences, and building partnerships that support economic growth and achieve Gulf and Arab trade and investment integration.

The forum was attended by a number of ministers, undersecretaries, and a gathering of decision-makers and officials from the GCC States and the Arab Republic of Egypt.

---Ends/AG