Egyptian Prime Minister Ibrahim Mehleb met Tuesday with the Emirati Minister of State Sultan Ahmed Al-Gaber. The meeting was attended by the Emirati ambassador in Cairo.
The meeting covered the progress made in the projects under the Support the Egyptian Development Agreement that was signed in Abu Dhabi in October 2013, and other means of future cooperation and investment.
According to this October agreement, the United Arab Emirates has given Egypt $4.9bn to develop different sectors and infrastructure projects that would improve livability for the Egyptian people.
The Emirati minister of state communicated “the regards of the Emirati leadership and people to their Egyptian brothers”. Al-Gaber highlighted the necessity of finding urgent solutions for the challenges facing Emirati investments in Egypt, suggesting the country develop legislation to organise and protect foreign investments, according to a cabinet statement.
Mehleb, on the other hand, thanked the UAE for its “large political and economic support” to Egypt since 30 June, adding that “Egypt looks forward to enforcing this fruitful cooperation.”