Page 476 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/17/24, 4:28 PM PRESSR: UAE and Egypt explore development of economic partnership in new economy, transportation, entrepreneurship, circular…
opportunities for growth 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.

H.E. 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 programs 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.

H.E. Bin Touq 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.

-Ends-

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