UAE, Egypt launch joint investment platform

Thursday, 14 November 2019 16:54

The UAE and Egypt have launched a joint strategic investment platform worth AED 73.4 billion.

It comes after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces met with Egyptian President Abdel Fattah El Sisi in Abu Dhabi.

The funds will be used to implement vital economic and social projects in both countries.

Sisi's two day state visit to the UAE has been focussed on strengthening bilateral relations between Egypt and the emirates.

More from Business

DXB to welcome over 4.2 million guests over next two weeks

Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.
UAE, India review strategic partnership during joint sessions in Abu Dhabi

The UAE and India have reviewed the progress of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries that aim to advance bilateral trade towards a shared goal of $100 billion.
Mubadala, Barings launch $500 million global real estate debt partnership

Abu Dhabi-based Mubadala Investment Company and global investment manager Barings have announced the launch of a $500 million global real estate debt partnership.
UAE, Philippines agree on additional flight rights

The UAE and the Philippines have agreed to expand air services, clearing the way for UAE national carriers to operate additional flights to Manila.
Dubai launches nationwide campaign to combat economic fraud

The Economic Security Centre of Dubai (ESCD) has launched a nationwide awareness campaign to combat economic fraud, under the slogan "Strong Economy… An Aware Society."

Coming Up on Dubai Eye

The Debrief
4:00pm - 7:00pm

Join Dane on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.
The Score
7:00pm - 9:00pm

Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

BUSINESS BREAKFAST LATEST

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

On Dubai Eye

Is There Sufficient House Supply In UAE
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Noon's First Female Delivery Driver
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!

Search Dubai Eye 103.8

UAE, Egypt launch joint investment platform

More from Business

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go

Search Dubai Eye 103.8

UAE, Egypt launch joint investment platform

Share

More from Business

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go