Egyptian Finance Minister Dr. Mohamed Maait met with his Qatari counterpart, Ali bin Ahmed Al Kuwari, on the sidelines of the joint annual meetings of Arab financial institutions in Rabat, Morocco.

During the meeting, Dr. Maait reiterated the commitment of Egypt to strengthen financial, tax, and customs cooperation with Qatar, aiming to create a more stimulating environment for trade, production, and exports between the two countries.

He highlighted that Egypt is progressing with structural reforms to empower local and foreign private sectors, providing them with more opportunities to maximize Egypt's production and export capacities, and enhance the coherence of the Egyptian economy.

Dr. Maait underscored the importance of the "State's Royal Policy Document" in opening broad prospects for private investment, particularly in promising development sectors, amid the global shift towards green transformation and the focus on renewable energy production, in line with Egypt's efforts to expand environmentally friendly investments.

This expansion is based on advanced infrastructure capable of meeting all the needs of investment and production activities.

For his part, Qatari Finance Minister Ali bin Ahmed Al Kuwari stated that Qatar is a major investor in all sectors of Egypt.

He pointed out that his country is seeking to encourage Qatari investments in Egypt, building on the historical links between the two countries. He invited Dr. Maait to attend the "Qatar Economic Forum," which will be held in Doha from May 23 to May 25.