(MENAFN - Kuwait News Agency (KUNA)) Egyptian President Abdelfattah Al-Sisi on Wednesday received chairperson of the Council of Arab Businesswomen (CABW) Sheikha Hessa Al-Saad Al-Abdullah Al-Salem Al-Sabah and the Council's board members and advisors.
Minister of Planning, Follow-up and Administrative Reform Ashraf Al-Arabi and Minister of Investment Ashraf Salman also attended, said presidential spokesman Ihab Badawi.
During the meeting President Al-Sisi stressed the pivotal role of women in the society, citing Egyptian women's participation in the referendum on the state constitution and in the presidential elections held earlier this year.
He also commended the women's traditional role and the great responsibility they shoulder on the family level, Badawi said.
The president lauded the role of the CABW, saying he is looking forward to effective participation by the Council in the ongoing development process in Egypt.
Al-Sisi said that Egypt had commenced a new era, not only political but also economic, focusing on removing investment obstacles through a new scheme to help investors who are major contributors to economic development.
For her part, Sheikha Hessa reviewed the CABW activities, saying the Council's member businesswomen from the Arab countries are looking forward to investing in Egypt, either in mega projects like the Suez Canal Development Project, or small and medium businesses.
Investment Minister Ashraf Salman briefed the meeting on economic reform in Egypt which is going in two directions - restructural reform and stimulating growth, aiming at realizing a growth rate of 7 percent by 2020.