May 28, 2022

PM arrives in Abu Dhabi to partake in launching industrial partnership initiative

Prime Minister Moustafa Madbouli, accompanied by a high-level ministerial delegation, arrived Saturday 28/05/2022 in the UAE capital Abu Dhabi to participate at a tripartite meeting to launch an industrial partnership initiative.   The integrated industrial partnership initiative aims to achieve economic sustainable development between Egypt, the UAE and Jordan and contribute to supporting industrial integration among the three countries.   The delegation includes the ministers of electricity and renewable energy, planning and economic development, agriculture and land reclamation, trade and industry as well as a host of senior officials.   The premier is set to hold a meeting with a number of UAE investors to brief them on promising investment opportunities in Egypt and incentives offered by the government to attract further investments.   Source: State Information Service Egypt

PM meets senior UAE investors

Prime Minister Moustafa Madbouli asserted the Egyptian State seeks to lure more foreign investments and increase contributions of the Private Sector.   Madbouli affirmed projects, which were carried out by the State over the past five years, represent necessary giant investments.   The State was capable of fulfilling such projects in record time and has been acting to set the stage for encouraging investors to do business in all fields, the premier said during a meeting with a number of heavyweight UAE investors at the start of his visit to UAE Saturday 28/05/2022.   The meeting discussed ways of helping businessmen stand on various investment opportunities in Egypt in order to pump more investments in the period to come.   Madbouli is leading a high-level ministerial delegation, which includes senior officials as well.   Madbouli pointed out the meeting emanates from the Egyptian government’s keenness on boosting the presence of

Madbouli to follow up formation of Egypt-UAE teamwork of forging cooperation deals

Egyptian Prime Minister Moustafa Madbouli said he will follow up the formation of an Egyptian-UAE teamwork to forge memos and agreements on new and renewable energy projects in order to accelerate inking these deals as soon as possible.   Madbouli made the remarks during a meeting in Abu Dhabi on Saturday 28/05/2022 with UAE Industry and Advanced Technology Sultan Ahmed Al Jaber.   The premier hailed the developing Egyptian-UAE ties as well as their cooperation with Jordan within the framework of the integrated industrial partnership for sustainable economic development.   He said the new and renewable energy sector is one of the most promising domains for cooperation between Egypt and the UAE, referring to directives of President Abdel Fattah El Sisi to enhance cooperation with the UAE.   The premier touched on two renewable energy projects, including a 10,000 megawatts wind project in the Red Sea and a 200 gigawatts

Turkish President receives UAE Foreign Minister

Istanbul Turkish President Recep Tayyip Erdogan received last night, UAE Foreign Minister Abdullah bin Zayed Al Nahyan in Istanbul.   The Turkish Presidency’s Communication Department did not mention any details of the interview, which took place at Dolmabahce Palace in Istanbul.   Bin Zayed had arrived in Istanbul yesterday on an official visit, during which he met his Turkish counterpart, Mevlut Cavusoglu.   Source: National Iraqi News Agency

The Iraqi army is ranked 34th in the ranking of the most powerful armies in the world

Baghdad The Iraqi army ranked 34th in the ranking of the most powerful armies in the world in terms of military strength, according to statistical and analytical reports for the “Global Fire Power” website, which specializes in military affairs.   Egypt advanced in the Middle East ranking over Turkey in the Global Fire Power classification of the world’s most powerful armies for the year 2022, as it ranked 12th, Turkey ranked 13th, and Iran ranked 14th.   Saudi Arabia ranked 20th in this classification for the firepower of the armies of the world, bypassing advanced countries such as Canada, Poland, Sweden and South Africa.   This ranking placed Algeria in 31st place, while Iraq ranked 34th, the UAE ranked 36th, Syria ranked 47th, Morocco ranked 55th, Kuwait ranked 71st, followed by Libya ranked 72nd, Sudan ranked 73rd, and Tunisia ranked 74th, and Jordan is ranked 75th.   Qatar ranked 77th

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