Egyptian PM emphasizes importance of GCC security and stability to Egypt

Egyptian Prime Minister Dr. Hazem Al Beblawi has emphasized the importance of Gulf Cooperation Council (GCC) security and stability to Egypt. Addressing a press conference this evening in Abu Dhabi, Al Beblawi described his country's ties with the UAE as "deep-rooted and strong", adding that the UAE took a bold stance in support of Egypt. "There is a huge potential for cooperation between the two countries. We look forward to attracting more Emirati investments and wider cooperation among the private sectors of the two countries. The UAE is the second largest Arab investor in Egypt," he said. Al Beblawi noted that Egypt could benefit from UAE's vast experience in alternative and renewable energy fields.