Egypt, UAE FMs discuss boosting economic cooperation

Ahram Online , Monday 15 Nov 2021

Egypt's Foreign Minister Sameh Shoukry and his Emirati counterpart Sheikh Abdullah bin Zayed Al-Nahyan discussed means of boosting Egypt-UAE economic and trade cooperation during a meeting on Sunday on the sidelines of the 12th annual Sir Bani Yas Forum in the UAE.

FM Shoukry, Abdullah bin Zayed

Shoukry called for attracting more Emirati investment into the Egyptian market in light of the encouraging economic measures the country provides, read Foreign Ministry Spokesman Ahmed Hafez's statement.

Egypt's top diplomat highlighted the distinctive index of the Egyptian economy, the favourable investment environment, and the mega projects that are being implemented countrywide.

The meeting touched upon the latest developments in Libya, Syria, Yemen, and Sudan, Hafez added, noting that the two officials discussed ways to boost Arab national security in the face of the increasing international and regional challenges.

 Shoukry stressed Egypt's "unwavering" support for the security and stability of Gulf countries, the statement added.

Shoukry flew to the UAE to participate in the Sir Bani Yas Forum, which brings together Arab and international decision-makers to discuss some of the most crucial issues facing the region.

The annual event kicked off on Sunday and will close on Wednesday.

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