The Minister of Planning and Economic Development Hala Al-Saeed said in her speech during the major celebration activities organized by the governments of the UAE and the Republic of Egypt to celebrate the 50th anniversary of the Emirati-Egyptian relations under the title “The UAE and Egypt are One Heart”, that Egypt and the UAE share close historical relations in various fields.
Al-Saeed added that the Egyptian-Emirati relations represent a distinguished model for the bilateral relations between countries, which are based on integration and the promotion of common interests. Cooperation between the two countries in the field of establishing distinguished government service centers, including the Egypt Services Center in Aswan, and the file of government capacity building in the areas of promoting a culture of innovation at work and strategic directions for future foresight as well as the government communication strategy, in addition to cooperation in the Egypt Award for Government Excellence over the past years.
During her speech, the minister added that a joint strategic investment platform was established between Egypt’s Sovereign Fund and Abu Dhabi Holding Company, which took place under the umbrella of the protocol signed on November 14, 2019, to pump joint investments exceeding $20 billion to implement economic and development projects.
The minister indicated that this came within the framework of the importance of the strategic relationship between the two countries and the common desire to expand in launching promising investment partnerships.
The minister stressed that the agreements reflect the capabilities and competitive advantages that the two countries enjoy, and that work should be done to maximize the benefit from them in order to achieve the interests of the two brotherly peoples.
During the celebration of the 50th anniversary of Egyptian-Emirati relations, Dr. Hala Al-Saeed reviewed a number of the ministry’s work files, and the areas of work of the entities affiliated with the Ministry of Planning, which include the Central Agency for Public Mobilization and Statistics, the National Planning Institute and the National Institute for Governance and Sustainable Development, referring to the role of Egypt’s sovereign fund, the arm. The state’s investment in creating investment opportunities in promising sectors, maximizing the use of state assets and resources, and achieving sustainable financial surpluses through a balanced and diversified portfolio.
Highlights of what H.E. Hala Al-Saeed, Minister of Planning and Economic Development, addressed in her speech at the opening of the events #Egypt_UAE_One_Heart#Emirates today pic.twitter.com/aj7s7BzpCC
– Emirates Today (@emaratalyoum) October 26, 2022
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