The Egyptian Lebanese Businessmen Friendship Association will hold an expanded meeting on Monday with newly-appointed Egyptian Ambassador to Lebanon Nazih Nagari to discuss chances to increase joint investments.

The meeting will cover activating the role of the Egyptian and Lebanese embassies sectors to remove obstacles blocking development of economic cooperation between the two countries.

Representatives of Egyptian and Lebanese banks as well as diplomats from the two countries will take part in the meeting, head of the association's culture committee Omar Balbaa said.

More meetings will be held by the association within the coming period to develop relations between Egypt and Lebanon.