Page 487 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/18/24, 1:48 PM UAE and Egypt discuss strengthening economic cooperation
During their meeting, which concluded at the Arab League headquarters under

the chairmanship of the UAE, the two ministers discussed economic policies that

stimulate the private sector, increase productivity, and deepen bilateral

cooperation in formulating and implementing economic programs that keep pace

with global changes.

The discussions also addressed boosting
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performance, the efficiency of the planning

system and economic competitiveness, and

leveraging best practices that promote

development efforts.

Bin Touq expressed the readiness of the
World Government
Ministry of Economy to cooperate with the
Summit hosts "Partners
Egyptian Ministry of Planning, Economic
Retreat" to discuss vision
Development and International Cooperation to
of WGS 2025
enhance cooperation and advance the

development plans of both nations.

Dr. Al-Mashat commended the deep-rooted ties that the UAE and the Arab

Republic of Egypt share, affirming the Egyptian government’s commitment to

strengthening them further, as well as to bolstering bilateral cooperation in fields

such as food security, infrastructure, energy, and others.

Business and trade relations between the UAE and Egypt have seen substantial

growth. In a landmark deal, recently, AD ports’ Noatum acquired Egypt’s Safina,

enhancing the capacity and reputation of Egypt’s maritime market.

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