UAE Min. of Economy lauds mega projects, economic renaissance in Egypt

CAIRO – 1 October 2021: UAE Minister of Economy Abdulla bin Touq al-Marri on Friday hailed huge presidential and governmental projects and the economic renaissance in Egypt.

During his meeting with visiting Governor of the Central Bank of Egypt Tareq Amer, Marri described Egypt as a strategic partner for his country in all economic fields, particularly the financial sector, which is witnessing fruitful cooperation between the two sides at all levels.

The UAE is keen to strengthen cooperation with Egypt in this vital sector and to support the technological and skills development, and digital transformation and innovative services, he added.

Marri further pledged to work with Egypt to cope with the latest developments related to information technology and digital software for stock markets, and to find the best solutions and apply modern technologies in the financial sector, financial technology and Blockchain applications, he added

During the meeting, the two officials reviewed the most prominent economic legislations and initiatives launched by the Egyptian State to shift to a new knowledge-based economic model.