Arab Today, arab today mahlab meets adic chief reviews investment opportunities in egypt
Last Updated : GMT 18:25:01
Arab Today, arab today
Arab Today, arab today

Mahlab meets ADIC chief, reviews investment opportunities in Egypt

Arab Today, arab today

Arab Today, arab today Mahlab meets ADIC chief, reviews investment opportunities in Egypt

Egypt's Prime Minister Ibrahim Mahlab
Dubai - MENA

Egypt's Prime Minister Ibrahim Mahlab held a meeting on Thursday with Chairman of the Abu Dhabi Investment Council (ADIC) Sheikh Hamed Bin Zayed Al Nahyan.
Although challenges and difficulties witnessed by Egypt, situation there is stable, Mahalb asserted.
The meeting was attended by UAE Minister of State Sultan Al Jaber and the Egyptian ministers of solidarity and investment.
Also, the Egyptian premier reviewed the most prominent under-construction projects in Egypt, notably the new Suez Canal Project, the development of the Suez Canal and the national roads project as well as one million housing units' project for the low income bracket.
He added that these mega projects contributed to reducing the unemployment rates in the recent period, according to official reports.
In return, Hamed Bin Zayed Al Nahyan hailed the Egyptian government's efforts to achieve development and progress.
With the improvement of the Egyptian investment climate and the issuance of the invest law, senior UAE investors would pump more investments in Egypt, he added.
They discussed a number of small and medium enterprises that could be financed by the UAE.
In addition, Mahlab met with Chief Executive Officer of the Dubai International Financial Centre (DIFC) Essa Kazim and probed the joint cooperation and the investments opportunities that Egypt could offer to the UAE investors.
Mahalb stressed the the depth of relations binding the two countries, adding that Egyptians appreciate who stand by them in this critical period.

 

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