At the end of the three-day Annual Investment Meeting on Wednesday, IDA Chairman Ahmed Abdel-Razeq said this will contribute to pumping more UAE investments into Egypt.
The council's secretary general underlined that
Egypt will witness a boost in investment in view of the efforts exerted by the
Egyptian government to encourage foreign investors,
secure an investment-attractive environment and solving any problem facing
Meanwhile, the head of the Egyptian commercial office
in Dubai, Minister Plenipotentiary Younan Edward, said the council's decision fructified from
the successful talks held between Egyptian Trade and Industry Minister Tareq
Qabil and UAE Economy Minister Sultan Bin Saeed Al Mansoori during the
latter's March visit to Egypt to attend meetings of the Egyptian-UAE trade
During the committee
and the UAE agreed to bolster economic and trade cooperation.