UAE International Investment Council completes senior leadership structure UAE bank assets reach $1.53trln in May, central bank says Bahrain set for major e-invoicing push Dubai Taxi migrates core systems to du's sovereign cloud platform Saudi Aramco considers new pricing for Sidi Kerir oil exports to Asia, sources say PDO to supply up to 200 MW to Oman grid under five-year power deal Invest in Oman secures $1.1bln in projects during H1 2026 Oman achieves new milestone in government digital transformation journey UAE, Jordan sign Memorandum of Understanding to establish Joint Consular Committee UAE reinforces global food standards at Codex meetings in Geneva Bahrain Bourse appoints Al Ramz Capital to expand equity research coverage Al Ansari enters Western Union Partnerships in Bahrain and Kuwait Oman advances in global environmental index QCB grants license to set up first insurance price comparison website in Qatar Saudi PIF set to win EU nod for Electronic Arts deal under subsidy rules, sources say IMF says UAE economy remains resilient despite regional tensions UAE non-oil trade rises 13.1% to $527.5bln in first half of 2026 Bahrain pushes ahead with Muharraq city redevelopment plan Halliburton wins multi-year Aramco gas development contract Saudi: Kent secures long-term deals with Aramco for future EPC projects Oman and Jordan launch $100mln investment firm Modon, ADIB introduce Abu Dhabi’s first off-plan home financing solutions Abu Dhabi launches maritime investment guide to attract global businesses Saudi Arabia inaugurates over 900km of roads to boost connectivity Gulftainer unveils $2bln global trade infrastructure strategy Saudi Arabia's trade surplus surges 60% to over $24bln in Q1 2026 Sharjah Chamber registers 30,000 memberships in H1 Dubai's AMIS breaks ground on Jacob & Co.’s villa community; targets $10bln IPO in three years UAE's new government work model to deploy Agentic AI in public services Indonesia, Kuwait strengthen strategic energy partnership

Log in

عربي

Media Centre

Home » Media Centre

Egypt, UAE pen agreement to strengthen economic cooperation

Egypt, UAE pen agreement to strengthen economic cooperation

Egypt, UAE pen agreement to strengthen economic cooperation

Mar 04, 2025

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and the UAE’s Minister of Economy Abdullah bin Touq Al-Marri signed the minutes of the fourth session of the Egyptian-Emirati Joint Economic Committee in the UAE, as per a statement.

The signing reinforces commitments to enhance trade, investment, and economic cooperation between the two countries.

El-Khatib stated that the session aimed to activate the trade, economic, and technical cooperation agreement between the two governments to boost communication and trade exchange.

Negotiations were also launched on a comprehensive economic partnership agreement to expand investment opportunities and modern technology applications.

He highlighted Egypt’s recent legislative and procedural reforms to improve the investment climate, particularly in industry, citing the Investment Law and the 2017 law facilitating industrial licensing.

These measures aim to attract more investments and strengthen trade ties.

The meeting coincided with the fourth session of the Investopia Summit, which hosted international business forums and discussions on future investment trends, entrepreneurship, and partnerships with investors from Arab and Central Asian countries.

El-Khatib noted that such initiatives contribute to economic growth and encourage strategic investments.

The two sides also agreed on cooperation in industry, technology, and innovation, including the exchange of expertise in establishing and managing industrial complexes.

Further agreements were made in energy, electricity, and renewable energy, as well as agriculture, food security, health standards, transportation, logistics, infrastructure, housing, tourism, and healthcare.