Finance Minister Mohamed Maait has referred to as for “deepening” Arab financial partnerships and reaching integration amongst Arab states to have the ability to overcome the present world challenges, notably the repercussions of the coronavirus pandemic and the Russian-Ukrainian battle.

Maait made the remarks throughout his assembly within the Omani capital Friday 25/11/2022 with chairman of the Board of Administrators of the Muscat Inventory Alternate (MSX) Mohammed Mahfoudh Al Ardhi.

Minister Maait mentioned Egypt enjoys promising funding alternatives in numerous sectors, particularly with regard to inexperienced transition tasks.

Maait added the Egyptian financial system has develop into extra resilient within the face of exterior shocks, due to positive factors of the financial reform program that helped the nation take proactive measures for backing varied financial sectors, whereas increasing social safety applications for essentially the most needy households affected by the continuing inflation wave.

The Minister acknowledged that Egypt appears to be like ahead to growing Omani investments within the nation and strengthening the quantity of bilateral commerce, significantly in gentle of stable historic relations between the 2 nations.

On his half, chairman of the Muscat Inventory Alternate mentioned Omani traders are all in favour of participating in Egyptian improvement tasks, asserting that enhancing bilateral financial cooperation and exchanging experience with Egypt and Arab states have develop into extra pressing to handle the present world crises that took their toll on varied nations.