Sunday 22 Dec

اقتصاد

Farouk discusses with UAE ambassador mutual cooperation


Farouk discusses with UAE ambassador mutual cooperation

Dr. Sherif Farouk, Minister of Supply and Internal Trade, welcomed Ms. Maryam Khalifa Al Kaabi, the United Arab Emirates' Ambassador to Cairo, to his office in the New Administrative Capital. The meeting focused on strengthening bilateral cooperation and exchanging insights.

The minister emphasized the deep and enduring relationship between Egypt and the UAE. He highlighted the abundant investment opportunities available in Egypt's supply chain sector, including silos, storage facilities, strategic warehouses, logistics centers, food processing industries, and retail outlets. The Minister expressed optimism about continued collaboration with Emirati investors.

Dr. Farouk commended the significant progress made in Egyptian-Emirati relations across various sectors. He highlighted the strong fraternal ties between the two countries and emphasized the Egyptian government's commitment to strengthening cooperation. He further noted the Egyptian market's immense potential for investment in various fields, positioning it as the largest market in the Middle East.

Her Excellency Ambassador Maryam Khalifa Al Kaabi extended her congratulations to the minister on his new appointment. She commended Egypt's comprehensive development efforts and emphasized the importance of UAE-Egypt joint investments. Al Kaabi expressed her country's keen interest in supporting projects that align with sustainable development goals, particularly those focused on food security. She highlighted the significant existing cooperation between the two countries and underscored the potential for further collaboration in various areas.