emirates7 - Abdullah bin Touq Al Marri, the UAE Minister of Economy, held discussions with Egypt’s Lieutenant General Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, and Dr. Rania Al Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation. These meetings aimed to bolster the economic partnership between the UAE and Egypt across sectors such as transportation, entrepreneurship, infrastructure, the circular economy, agriculture, and industry.
The talks took place on the sidelines of Bin Touq’s participation in the 114th session of the Arab Economic and Social Council, held at the Arab League's General Secretariat in Cairo, chaired by the UAE. During the meeting, Bin Touq emphasized the strong strategic relations and growing partnerships between the UAE and Egypt, underpinned by shared economic resources, strategic locations, and expanding collaboration across various sectors.
He reiterated the UAE’s commitment to deepening economic cooperation with Egypt through joint projects aligned with both nations' future goals. Bin Touq highlighted the Ras Al Hikma development project as a key milestone in UAE-Egypt economic ties, noting its significance as Egypt's largest foreign direct investment (FDI).
In his meeting with Al Wazir, they discussed enhancing cooperation in infrastructure, logistics, and industrial projects. They also exchanged knowledge on strategies to transition towards circular and green economies by leveraging the resources of both countries. Additionally, they explored collaboration on cutting-edge technologies, particularly in airport infrastructure, and the development of industrial clusters that drive economic growth and sustainability.
Meanwhile, Bin Touq’s meeting with Dr. Rania Al Mashat focused on strengthening economic relations through potential financing options for joint projects, considering the developmental visions of both nations. They discussed sharing expertise on international cooperation and development funding to growth opportunities and improve communication between the UAE and Egypt's business sectors. The UAE, noted as Egypt’s top Arab investor and the third-largest globally, plays a critical role in Egypt’s economic landscape.
Bin Touq outlined the core pillars of the UAE’s "We the UAE 2031" vision, which aims to establish the UAE as a global leader in the new economy by the next decade. He explained that this goal is supported by various policies, legislative reforms, initiatives to attract foreign direct investment, and a comprehensive system to protect intellectual property. The UAE is also focused on attracting talent in key sectors, reinforcing its position as a hub for creativity and innovation.
Lastly, Bin Touq invited both Egyptian ministers to participate in the fourth edition of Investopia, set for February 2025, which will serve as a platform to explore the investment opportunities the UAE offers to global investors.
The talks took place on the sidelines of Bin Touq’s participation in the 114th session of the Arab Economic and Social Council, held at the Arab League's General Secretariat in Cairo, chaired by the UAE. During the meeting, Bin Touq emphasized the strong strategic relations and growing partnerships between the UAE and Egypt, underpinned by shared economic resources, strategic locations, and expanding collaboration across various sectors.
He reiterated the UAE’s commitment to deepening economic cooperation with Egypt through joint projects aligned with both nations' future goals. Bin Touq highlighted the Ras Al Hikma development project as a key milestone in UAE-Egypt economic ties, noting its significance as Egypt's largest foreign direct investment (FDI).
In his meeting with Al Wazir, they discussed enhancing cooperation in infrastructure, logistics, and industrial projects. They also exchanged knowledge on strategies to transition towards circular and green economies by leveraging the resources of both countries. Additionally, they explored collaboration on cutting-edge technologies, particularly in airport infrastructure, and the development of industrial clusters that drive economic growth and sustainability.
Meanwhile, Bin Touq’s meeting with Dr. Rania Al Mashat focused on strengthening economic relations through potential financing options for joint projects, considering the developmental visions of both nations. They discussed sharing expertise on international cooperation and development funding to growth opportunities and improve communication between the UAE and Egypt's business sectors. The UAE, noted as Egypt’s top Arab investor and the third-largest globally, plays a critical role in Egypt’s economic landscape.
Bin Touq outlined the core pillars of the UAE’s "We the UAE 2031" vision, which aims to establish the UAE as a global leader in the new economy by the next decade. He explained that this goal is supported by various policies, legislative reforms, initiatives to attract foreign direct investment, and a comprehensive system to protect intellectual property. The UAE is also focused on attracting talent in key sectors, reinforcing its position as a hub for creativity and innovation.
Lastly, Bin Touq invited both Egyptian ministers to participate in the fourth edition of Investopia, set for February 2025, which will serve as a platform to explore the investment opportunities the UAE offers to global investors.