Business

26.08.2025

Cairo and Abu Dhabi Strengthen Economic Ties

Illustration for: Cairo and Abu Dhabi Strengthen Economic Ties

The official website of the Egyptian presidency stated that the visit emphasizes the fraternal and historical ties between the leadership and peoples of the two countries. Egyptian media indicated that the discussions between the two sides focused on enhancing economic cooperation and expanding common areas, as well as discussing regional issues of mutual interest. Both sides affirmed their commitment to supporting Arab national security and coordinating in the fields of energy, food security, and modern technology, in addition to expanding infrastructure projects. The discussions also covered the injection of new Emirati investments in logistics and renewable energy sectors and enhancing cooperation in the Suez Canal Economic Zone, as well as the UAE’s contribution to financing smart port and transport projects. According to the Egyptian website ‘Mubtada’, Egyptian exports to the UAE jumped from 2.21 billion dollars in 2023 to 3.26 billion in 2024, against imports worth 2.7 billion dollars, indicating a growing balance in trade relations. The site noted that both sides agreed to launch promising projects, including collaboration in quantity, benefiting from the UAE’s experience after launching its first secure communications lab with this technology, along with working on establishing a joint investment fund to support entrepreneurship, and projects in sustainable agriculture and financial services. The site explained that the visit has strategic dimensions and confirms that the partnership between Cairo and Abu Dhabi has exceeded the framework of bilateral cooperation to form an integrated model for development and stability in the region.