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

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