Egypt’s Prime Minister Mostafa Madbouly emphasized the deep-seated relations between Egypt and the United Arab Emirates (UAE), underscoring the commitment to continually enhance and expand these ties, particularly in the realms of economic development and investment.
This statement came during a meeting between the Prime Minister and Mohamed Hassan Al-Suweidi, the UAE Minister of Investment, and his accompanying delegation.
The meeting was attended by Hassan Abdullah, the Central Bank Governor; Hala El-Said, the Minister of Planning and Economic Development; Mohamed Maait, the Minister of Finance; Eng. Ahmed Samir, the Minister of Trade and Industry; Mohamed Farid, the Chairman of the Egyptian Financial Regulatory Authority; and Ayman Soliman, the CEO of the Egyptian Sovereign Fund, alongside other officials.
The prime minister discussed the key aspects of improving the investment environment in Egypt. He provided an overview of the government’s efforts to enhance the investment climate, highlighting recent initiatives launched in line with the decisions of the Supreme Investment Council and the government’s plan for public offerings, aimed at granting a more substantial role to the private sector.
In turn, the UAE minister expressed his appreciation for the meeting and presented the highlights of the UAE’s experience in attracting foreign investments.
He stressed the importance of enhancing cooperation with Egypt in the field of investment, particularly given the promising opportunities available in the Egyptian market across various sectors.
The meeting also covered various areas of collaboration between the two countries and the investment opportunities presented in the Egyptian market, particularly in sectors of mutual interest.
