Send To Friend
Gamea meets with UAE officials to discuss future cooperation
16 November 2020  -  Sector :  -  Entity :  -  Category : General

Other Titles

The meeting focused on boosting joint cooperation in the fields of entrepreneurship, SMEs and women's enterprises.

Cairo- November 16, 2020

Minister of Trade and Industry Nevine Gamea has held an expanded meeting with a number of government members, during her visit to the UAE, including: Minister of Economy Abdulla Bin Touq Al Marri, Minister of State for Entrepreneurship and Small and Medium Enterprises Ahmed Belhoul Al Falasi, and Minister of State for Foreign Trade Thani Bin Ahmed Al Zeyoudi.

The meeting explored ways to enhance joint economic cooperation between the two countries during the next period, mainly in the fields of entrepreneurship, SMEs and women's enterprises.

“The UAE is Egypt’s top economic partner in the Middle East. It is one of the largest markets for Egyptian exports regionally and globally, and is the biggest foreign investor in the local market; with the capital of its projects exceeding $7 billion,” Gamea said.

The two sides reviewed the possibilities of expanding the scope of joint cooperation between the Emirates Development Bank and the MSME Development Authority.

Gamea also pointed to the possibility of forming a joint committee to discuss setting up an Egyptian-Emirati program for entrepreneurship, planning a "fraternity of manufacturers" program between companies in Egypt and the UAE; as well as cooperation in SMEs, women and youth projects.

The meeting was attended by Sherif al-Bedeiwi, the Egyptian ambassador to the UAE and Ahmed Maghawry, head of the Egyptian Commercial Service.


Add new comment
Comment body*
(0) Comment(s)