Page 455 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/17/24, 4:03 PM UAE, Egypt boost economic partnership in key sectors – The Gulf Time Newspaper
countries into consideration.
The two sides deliberated on sharing expertise in international collaboration and development funding to foster joint initiatives
that create new growth opportunities and strengthen communication channels between the UAE and Egypt’s business
communities. The UAE is the top Arab investor in Egypt and the third largest globally.
Bin Touq elaborated on the fundamental pillars of the ‘We the UAE 2031’ vision, which aims to position the country as a global
hub for the new economy by the next decade. It aligns with the forward-thinking vision of the country’s wise leadership and is
supported by an array of policies and legislative amendments adopted by the UAE government. These include the
development of a robust economic legislative framework, the launch of pioneering initiatives and programmes to attract FDI,
as well as the establishment of a comprehensive legislative system to protect intellectual property. Furthermore, an ambitious
strategy has been implemented to attract talent across key sectors, thereby bolstering the country’s standing as a prominent
hub for creativity and innovation.
The Minister of Economy invited the two Egyptian ministers to attend the fourth edition of Investopia, scheduled to take place

in February 2025. The event will serve as a key platform to explore promising opportunities that the UAE offers to global
investors.

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