KUWAIT: Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, affirmed Tuesday that Kuwait is not merely an economic partner, but a strategic ally of Egypt. His remarks came during a visit to the Kuwait Chamber of Commerce and Industry (KCCI), in the presence of Egyptian Ambassador to Kuwait Osama Shaltout.

El-Wazir highlighted the deep-rooted and exemplary political and economic ties between the two countries, praising the efforts of both governments in fostering business collaboration and promoting integration between public and private sectors. He emphasized the importance of deepening cooperation with Kuwait, citing its robust investments and strategic capabilities as key to unlocking new joint markets. He also noted the existence of an ambitious initiative to establish an integrated industrial zone shared between Egypt and Kuwait. The minister lauded the role of Kuwaiti businesspeople in strengthening economic relations with Egypt and expressed hopes for increased Kuwaiti investments, particularly in integrated industrial cities and infrastructure projects. For his part, Assistant Director General of KCCI, Firas Al-Odah, noted that the visit reflects the strength of bilateral relations and underscores a shared vision for economic renaissance and sustainable development. He commended Egypt’s recent strides in infrastructure development, particularly in the transport sector, describing it as the backbone of progress.

Al-Odah also pointed to the Kuwaiti private sector’s continued interest in the Egyptian market. He noted that Kuwaiti investments in Egypt are the largest among Gulf states, with around 1,500 Kuwaiti companies currently operating in various sectors. The total volume of Kuwaiti investment in Egypt has reached approximately $20 billion, with strong potential for further growth amid the country’s expanding investment opportunities. He reaffirmed the Chamber’s commitment to facilitating cooperation between the business communities of both countries, aiming to promote mutual growth, development, and prosperity.

Ambassador Shaltout also addressed the gathering, expressing appreciation for the role of the Kuwaiti private sector and investors in supporting Egypt’s economy. He reiterated the Egyptian business community’s eagerness to form strategic investment partnerships with Kuwaiti companies, further deepening economic ties. On the sidelines of the visit, a Kuwaiti-Egyptian investment forum was held with the participation of 17 Egyptian companies from diverse sectors, alongside representatives from the Kuwaiti business community. — KUNA

KUWAIT: Deputy Chief of Staff of the Kuwaiti Army, Major General (Pilot) Sheikh Sabah Jaber Al-Ahmad Al-Sabah, on Tuesday conducted an inspection visit to Mohammad Al-Ahmad Naval Base, where he reviewed key responsibilities and duties carried out by the naval force in protecting the nation’s territorial waters. In a statement issued by the Army’s General Staff, it was confirmed that Major General Sheikh Sabah Al-Jaber was briefed on the naval force’s operational scope, including its role in securing maritime borders and ongoing development projects aimed at enhancing readiness and response capabilities at sea.

The visit also included a tour of the Naval Force Institute, where the Deputy Chief of Staff was briefed on the institute’s training programs, curricula and future projects. Among the key initiatives highlighted was the Naval Training Center for Simulators – a state-of-the-art facility designed to equip recruits with advanced practical training in various naval disciplines.

Deputy Chief of Staff of the Army, Major General Pilot Sabah Jaber Al-Ahmad Al-Sabah visits the Mohammed Al-Ahmad Naval Base.- KUNA photos

Major General Sheikh Sabah commended the dedication and professionalism of the institute’s instructors and trainers in building a skilled and capable naval force. He expressed pride in the high level of discipline and commitment displayed by course participants, urging them to continue honing their skills and fully benefit from hands-on training exercises. He also emphasized the importance of practice, repetition, and learning from experience to avoid errors and enhance operational performance.

At the conclusion of the visit, Major General Sheikh Sabah inspected an unmanned training boat used as a mobile target in live simulation exercises. He praised the efforts of all naval personnel – officers, non-commissioned officers, and enlisted members – for their professionalism, noting that the performance and discipline he observed reflect the evolving strength and capability of Kuwait’s naval forces. The Deputy Chief of Staff was received at the base by Commander of the Naval Force, Rear Admiral Saif Al-Hamlan, along with several senior officers. — KUNA

 KUWAIT:  His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah received on Tuesday at Bayan Palace an invitation to the Future Investment Initiative (FII9), to be held in Riyadh October 2025.The invite, which was included in a written letter by Saudi Arabia’s Crown Prince Salman bin Mohammad Al-Saud, was delivered by Saudi Arabia Ambassador to Kuwait Prince Sultan bin Khaled Al Saud. Senior state officials attended the meeting. — KUNA