UAE and Egypt Ministers Discuss Economic Cooperation
Cairo [Egypt], September 6: Abdullah bin Touq Al Marri, Minister of Economy, discussed with Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, ways to enhance economic cooperation between the two countries.
During their meeting held on the sidelines of the Arab Economic and Social Council meetings, which concluded at the Arab League headquarters under the chairmanship of the UAE, the two ministers discussed economic policies that stimulate the private sector, increase productivity, and deepen bilateral cooperation in formulating and implementing economic programmes that keep pace with global changes.
The discussions also addressed boosting performance, the efficiency of the planning system and economic competitiveness, and leveraging best practices that promote development efforts.
Bin Touq expressed the readiness of the Ministry of Economy to cooperate with the Egyptian Ministry of Planning, Economic Development and International Cooperation to enhance cooperation and advance the development plans of both nations.
Dr. Al-Mashat commended the deep-rooted ties that the UAE and the Arab Republic of Egypt share, affirming the Egyptian government’s commitment to strengthening them further, as well as to bolstering bilateral cooperation in fields such as food security, infrastructure, energy, and others.
Doubts Revealed
UAE -: UAE stands for the United Arab Emirates, a country in the Middle East known for its modern cities like Dubai and Abu Dhabi.
Egypt -: Egypt is a country in North Africa, famous for its ancient pyramids and the Nile River.
Ministers -: Ministers are important government officials who are in charge of specific areas like economy, planning, or health.
Economic Cooperation -: Economic cooperation means working together to improve trade, business, and financial activities between countries.
Abdullah bin Touq Al Marri -: He is the Minister of Economy for the UAE, responsible for the country’s economic policies and growth.
Dr. Rania Al-Mashat -: She is the Minister of Planning for Egypt, responsible for planning the country’s development and economic strategies.
Private Sector -: The private sector includes businesses and companies that are not owned by the government.
Bilateral Cooperation -: Bilateral cooperation means two countries working together on common goals and projects.
Food Security -: Food security means making sure that all people have access to enough safe and nutritious food.
Infrastructure -: Infrastructure includes basic facilities like roads, bridges, and buildings that help a country function smoothly.
Energy -: Energy refers to power sources like electricity, oil, and gas that are used to run homes, businesses, and industries.
