Kuwait not withdrawing deposits from Central Bank of Egypt

He emphasized that such critical matters should not be subject to discussion on social media, asserting that they are handled exclusively through official institutional channels. He warned that many of those commenting on social media are based outside Egypt and Kuwait, pointing out that individuals proven to be spreading wrong information are subject to legal accountability in both countries. He stressed that bilateral relations remain unaffected by digital activity, confirming that official and public ties are at the highest level of excellence. He revealed that Kuwaiti deposits are renewed automatically, indicating that a study is currently underway to convert these funds into Kuwaiti investments in Egypt -- a matter which remains under consideration by the economic authorities in both nations.

He added “The deposits in Egypt are intended to provide comprehensive support and our mutual solidarity is a given. Gulf-Egyptian relations, as well as Egyptian-Kuwaiti ties, continue to witness a period of distinguished stability and cooperation.” He expressed his deep appreciation to the Arab Republic of Egypt for its supportive stance towards the Gulf states since the beginning of the war, stressing that high-level communication between the two brotherly nations has been uninterrupted throughout the recent period. “We thank Egypt for its political support for us... Egypt called for calm, while supporting our Gulf brothers,” he asserted.