A summit for Arab investment will be held in Cairo next May, as Minister of Investment and International Cooperation Sahar Nasr and Chairman of Association for Encouraging Investments in Lebanon Nabil Etany agreed in a meeting on February 24, Invest-Gate reports.

Nasr is visiting Beirut to attend the Egyptian-Lebanese Business Forum.

The summit will assemble the authorities and associations that initiated this idea, namely Egypt’s General Authority for Investments in Free Zones, Lebanon’s Association for Encouraging Investments, Kuwait’s Arab Institution for Guaranteeing Investment and Export Credit, and Dubai’s Foundation for Investments Development.

This meeting comes within the framework of follow-up on the Egyptian-Lebanese Summit held between President Abdel-Fattah El-Sisi and Lebanese President Micheal Aoun in Cairo during the latter’s first state visit to the Egyptian capital.