During the meeting, Gamea urged the Emirati companies to pump more investments in the Egyptian market and visit Egypt’s industrial cities
Trade between Egypt and the UAE saw significant growth, recording more than $3.6 billion in 2021, explained Minister of Trade and Industry Nevine Gamea yesterday during a meeting with the heads of several Emirati companies in Abu Dhabi.
During the meeting, Gamea urged the Emirati companies to pump more investments in the Egyptian market and visit Egypt’s industrial cities.
Gamea arrived in Abu Dhabi with a delegation led by Prime Minister Mostafa Madbouly on Saturday ahead of the launch of the “Industrial Partnership for Sustainable Economic Growth” on Sunday.
Read more on the partnership here > Egypt, UAE and Jordan launch industrial partnership for sustainable economic growth
The company heads that attended the meeting came from numerous sectors including; petroleum and energy; real estate; agriculture; communications; ports and logistics; tourism and aviation; information technology and more.
The sit down aimed to brief attendees about investment opportunities in Egypt with the aim of attracting further Emirati investments.
During the visit, the UAE International Investors Council said it looks forward to boosting Emirati investments to up to $35 billion during the coming 5 years.
Want to stay up to date with Trade news? Read the latest Egyptian trade news here
The meeting discussed the availability of raw materials, human and technological capabilities, a stimulating business environment, the consumer market, and the ability to access neighboring markets to achieve "integration" for the three countries.
