UAE envoy: Egypt enjoys good investment opportunities

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Wed, 11 Dec 2019 - 09:54 GMT

BY

Wed, 11 Dec 2019 - 09:54 GMT

File: Egypt's Sisi and Abu Dhabi's Crown Prince Bin Zayed - Press photo

File: Egypt's Sisi and Abu Dhabi's Crown Prince Bin Zayed - Press photo

CAIRO - 11 December 2019: UAE Ambassador to Cairo Gomaa Mubarak said that there are many good investment opportunities in Egypt for UAE businessmen.

Addressing the Egypt-UAE Forum for Trade and Investment, he added that the industrial sector is one of the major fields for increasing investments and enhancing joint cooperation.

Egypt is a strategic partner of the UAE while the UAE is one of the most important 10 trade partners of Egypt at the world level, he pointed out.

The two countries, he noted, are seeking to enhance joint cooperation through signing joint agreements and protocols that exceeded 50 in number.

The Egyptian government is exerting much efforts for improving the investment atmosphere through upgrading infrastructure and amending laws regulating investment in the country, he added.

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