Egyptian Minister of Foreign Affairs Badr Abdelatty meets his Emirati counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi. Photo: UAE Foreign Ministry
During the meeting, both ministers expressed full solidarity with Qatar’s leadership, government, and people, describing the attack as an unjustified, dangerous escalation and a direct violation of the sovereignty of a fellow Arab state.
According to a statement by the Egyptian Foreign Ministry, the two sides stressed the urgency of ending the worsening humanitarian crisis in Gaza caused by Israeli military actions.
FM Abdelatty condemned Israel’s ongoing operations, saying that the killing and starvation of civilians violate international law and threaten prospects for calm and a political solution.
The talks also addressed the war in Sudan, with Abdelatty urging an immediate ceasefire and unrestricted humanitarian aid access to all Sudanese civilians.
Egypt-UAE ties
The meeting highlighted the historic and close relations between Egypt and the UAE, emphasizing the personal connection between President Abdel-Fattah El-Sisi and UAE President Sheikh Mohamed bin Zayed, the statement read.
Both sides reviewed the high level of cooperation and reaffirmed their commitment to strengthening economic, trade, and investment ties.
Abdelatty praised Emirati investments in Egypt, citing the Ras El-Hekma and Red Sea development projects as transformative for the economy.
He reiterated Egypt’s readiness to expand collaboration in energy, logistics, industry, and digital transformation, highlighting the country’s favourable investment climate.
The ministers welcomed regular meetings of the Joint Economic Committee, calling it an essential tool for advancing cooperation and development.
Abdelatty reaffirmed Egypt’s commitment to implementing ambitious reforms to strengthen the private sector, improve the investment climate, and offer tax and customs incentives under the National Investment Strategy 2024-2030.
Economic ties between Egypt and the UAE have grown into one of the region’s most significant investment partnerships over nearly five decades, covering real estate, energy, logistics, and tourism.
Key projects include Abu Dhabi’s sovereign fund ADQ’s $35 billion investment in the Ras El-Hekma development on the Mediterranean coast, expected to draw up to US$150 billion over its lifetime.
Egypt holds a 35 percent stake in the project, which will feature luxury resorts, marinas, and new urban infrastructure.
Earlier this month, Egypt signed a major deal for the Marassi Red Sea project, valued at $18.5 billion.
The 10-million-square-metre development, led by UAE-based Emaar Misr and Saudi partners, will include hotels, yacht marinas, waterways, and luxury resorts. Officials project up to 170,000 jobs, 25,000 of them permanent, and annual revenues of $100-200 million once operational.
The meeting concluded with both sides affirming their commitment to continued coordination and high-level consultations to address shared challenges, protect Arab security, and support regional stability.
On 26 August, President El-Sisi received the president of the UAE in New Alamein City for a two-day visit that reinforced the depth of bilateral relations. The leaders discussed ways to boost joint investments, advance development projects, and coordinate on regional security issues.
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