According to Hala Al-Saeed, Egypt’s Minister of Planning and Economic Development, the capital of the sovereign Egypt Fund has expanded from 200 billion to 400 billion pounds, with the goal of reaching a trillion pounds in five years.
The Arab Republic of Egypt and the United Arab Emirates celebrated the 50th anniversary of the beginning of their diplomatic and fraternal relations with a ceremony.
Attending the ceremony was Dr.
Hala Al -Saeed, Minister of Planning and Economic Development, Mr. Mohamed Al -Garqawi, Minister of Cabinet Affairs in the UAE, and a number of ministers from the Egyptian and Emirati sides, Mr. Ahmed Aboul Gheit, Secretary General of the League of Arab States, as well as ambassadors of a number of countries with Egypt, along with a group of officials and prominent personalities.
Dr.
We are witnessing the celebration of the 50th anniversary of the establishment of diplomatic and fraternal relations between the Arab Republic of Egypt and the United Arab Emirates today, Mustafa Madbouly said in his speech, welcoming the attendees to Egypt, which is always proud of its honourable guests from all sister Arab countries.
He continued by saying that this celebration is being held under the kind patronage of His Excellency President Abdel Fattah El-Sisi, President of the Republic, with the theme “Egypt and the Emirates is one heart,” and with the presence of a distinguished high-level collection by the ministers, representatives of the governments of the two countries, the masters of the sisterly Arab countries, representatives of the private sector and civil society Al-Masry and Al-Arabi, in addition
Dr.
Mustafa Madbouly praised the spirit of brotherhood and cooperation that led to the beginning of this celebration, which lasts for three days and focuses on economic, investment, and cultural cooperation. He emphasised that this special occasion represents a significant opportunity that we must invest in the development of common denominators, and he affirmed the meanings of brotherhood in the same Arab body, affirming that The United Arab Emirates has always been the first supporter.
He emphasised that Egypt and its people have always been eager to support the UAE’s endeavours through their work in the domains of education, health, culture, and the legal system. The Egyptian sweat grains were present and strongly next to the efforts of their brothers in building the features of the modern UAE, which we are proud of its global achievements at all levels..
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