President Abdel Fattah El Sisi received on Monday Kuwaiti Prime Minister (PM) Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, according to the presidency spokesman ambassador Bassam Radi.
At the outset of the meeting, Sisi affirmed that the gulf area security is part and parcel of the Egyptian national security, praising Kuwait's key role in confronting all challenges facing the Arab nation nowadays.
Moreover, Egypt’s head of state hailed the strong historic ties between Egypt and Kuwait, stressing Egypt’s keenness on developing the distinguished and deep cooperation between both countries at all levels, especially in trade and economic fields.
Moreover, Al Sabah handed over the Egyptian president a written message from his Kuwaiti counterpart on ways to bolster bilateral relations, based on outcomes of Sisi’s latest visit to Kuwait.
In the message, Kuwaiti Emir expressed his country’s willingness to enhance collaboration with Egypt at all levels, and to continue consultations, and coordination regarding various issues of common interests.
On his part, Kuwaiti PM valued Egypt's pivotal role in the region as a key pillar of security and stability in the Arab world.
Noteworthy, Al-Sabah arrived in Cairo Sunday in an official visit. The visit’s timing is of great significance due to critical circumstances witnessed by the Middle East region, which calls for consultations and coordination between the two countries at the highest levels.
Egypt-Kuwait relations
Egypt-Kuwait relations have been growing steadily throughout history, at all levels.
The two countries' strong relations stem from the eternal brotherly ties between the two peoples and their keenness to extend bridges of cooperation in all fields as a way to achieve their mutual aspirations.
Nowadays, Egypt and Kuwait bilateral relations are witnessing great development, in the light of the continuous mutual visits between Egypt's head of state and his Kuwaiti counterpart, Jaber Al-Ahmad Al-Sabah.
Moreover, Al-Sabah participated in the celebration of Sisi’s inauguration as President of the Arab Republic of Egypt, in a step that reflects the keenness of the Gulf state on bolstering the new Egyptian regime.
Kuwait is Egypt’s third-largest Arab trading partner after Saudi Arabia and the UAE, with combined public and private sector’s investment of $15 billion, while 1,227 companies operating in sectors of industry, finance, real estate, tourism, services, agriculture, and telecommunications.
Egyptian exports to Kuwait between 2010-18 amounted to 984.2 million Kuwaiti Dinars (KD) (some $3.2 billion), while Kuwait exported KD 165.3 million ($$543 million) worth of products to the North African nation, said Kuwait statistics department.
Kuwaiti Fund for Arab Economic Development (KFAED) is also contributing to development in Egypt, extending loans and grants to development projects in economic, social, agricultural, health and educational sectors.