Page 483 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/22/25, 2:23 PM Ministry of Economy signs MoU with Egyptian Competition Authority enhancing cooperation in fields of competition & combating mo…

NEWS BUSINESS AND ECONO…

Ministry Of Economy Signs MoU With Egyptian Competition
Authority Enhancing Cooperation In Fields Of Competition &

Combating Monopolistic Practices

Both parties to benefit from UNCTAD’s regional training centre for competition in Cairo

By Editor_wr Last updated May 6, 2025

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The Ministry of Economy signed a Memorandum of Understanding (MoU) with the Egyptian Competition Authority
(ECA) to enhance cooperation in the fields of competition protection and combating monopolistic practices,

contributing to promoting a fair business environment in both countries. The signing took place on the sidelines of
ECA’s annual conference held in Egypt.

The MoU was signed by H.E. Safeya Hashem Al-Safi, Assistant Undersecretary for the Commercial Control and

Governance Sector at the UAE Ministry of Economy, and Dr. Mahmoud Momtaz., Head of ECA.

H.E. Safeya said that the signing of the MoU reflects the Ministry of Economy’s commitment to expanding its regional
and international partnerships in the field of competition, adding that cooperation with ECA will support efforts to

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