UAE counterpart Mohamed Hadi Al Hussaini stressed that Egypt is one of the attractive destinations for UAE investments as a result of the efforts exerted by Egypt, which led to an improved investment environment in the country. 

The ministers’ remarks came on Saturday on the sidelines of their participation at the World Government Summit, currently held in Dubai.

Both ministers reviewed the global economic developments within the framework of their keenness to enhance cooperation between Egypt and the UAE in all domains since both countries have historic and deeply-rooted ties.

The ministers also probed the repercussions of Covid-19 and the negative effect of the Ukrainian crisis on the global economy.

Mait stressed that Egypt’s economic reform programs have contributed to overcome such challenges.