CAIRO – 21 August 2022: Egypt's President Abdel Fatah al-Sisi received Sunday at Alamain Airport UAE President Mohamed Bin Zayed to exchange views on international issues, regional security, and the current circumstances of the Arab World.
The two leaders agreed to reinforce Arab joint work and unity in the face of challenges experienced by the Arab region. That is with the aim of crystallizing permanent solutions to regional crises, which would strengthen the pillars of security, stability, and peace.
Sisi and Bin Zayed equally conferred over bilateral cooperation, and the promising opportunities of partnerships in the economic and developmental realms.
Zayed's visit comes within the mini Arab summit Egypt is hosting Monday, and that will have the chiefs of state of the UAE, Iraq, Jordan, and Qatar.
The Permanent Mission of the UAE to the United Nations had urged Egypt, Ethiopia and Sudan to continue negotiating on the issue of the Renaissance Dam in "good faith" under the brokerage of the African Union (AU).
“The United Arab of Emirates (UAE) believes that a successful conclusion of negotiations on the GERD is within reach, and recognizes the great opportunity it presents to enhance and accelerate regional integration, while bolstering cooperation and sustainable development in the region and beyond, in the spirit of African solution to African challenges,” the mission said in a statement on August 2, 2022.
The ministers of trade and industry of Egypt, United Arab Emirates, Bahrain, Jordan, and Bahrain agreed in July on 12 “top priority” projects out of 26 within the framework of the industrial partnership initiative bringing the four countries together.
Those are in the sectors of agriculture, pharmaceuticals, textiles, minerals and petrochemicals.
Late in May, Egypt, Jordan and the UAE signed the “Industrial Partnership for Sustainable Economic Development,” as per which the Abu Dhabi Developmental Holding Company PJSC (ADQ) will allocate an investment fund of $10 billion.