{"id":606631,"date":"2023-09-19T00:00:00","date_gmt":"2023-09-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/19\/sisi-mbz-talk-economics-investment\/"},"modified":"2023-09-19T00:00:00","modified_gmt":"2023-09-19T00:00:00","slug":"sisi-mbz-talk-economics-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/19\/sisi-mbz-talk-economics-investment\/","title":{"rendered":"Sisi + MBZ talk economics, investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Sisi x MBZ: <\/strong> President Abdel Fattah El Sisi was in Abu Dhabi yesterday for talks with UAE president and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. The two leaders economic, trade and investment ties as well as regional and international developments, according to readouts from <a target=\"_blank\" href=\"https:\/\/bit.ly\/45SNacA\" style=\"\" rel=\"noopener\">Ittihadiya<\/a> and <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303198799\" style=\"\" rel=\"noopener\">Abu Dhabi<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Remember: The UAE is a critical partner for Egypt to exit its FX crisis. <\/strong> The UAE is among the Gulf countries Egypt is counting on to purchase state assets and help pull it out of its economic crisis. Abu Dhabi wealth fund ADQ has been the most active Gulf investor since the crisis began last year, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b4a11664-2159-45ba-ba2f-bf0d3dfd3978\" style=\"\" rel=\"noopener\">investing USD 1.8 bn<\/a> in a number of EGX-listed companies in April and agreeing this year to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1f59098e-47ac-42cc-964c-b84096549959\" style=\"\" rel=\"noopener\">acquire minority stakes<\/a> in three state-owned firms \u2014 Egyptian Ethylene and Derivatives Company, Egyptian Linear Alkyl Benzene, and Egyptian Drilling Company \u2014 for USD 800 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The government wants to close this transaction asap: <\/strong> The government is hoping to sign final contracts with ADQ <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e8a0da43-f922-4a49-b3a9-839f397f8ce4\" style=\"\" rel=\"noopener\">by the end of the month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Shoukry at the UN: <\/strong>Foreign Minister Sameh Shoukry is doing the rounds at the United Nations General Assembly in New York city this week, where he participated in bilateral talks, summits, and ministerial meetings focused on Egypt\u2019s foreign policy and sustainable development priorities.<\/p>\n<ul>\n<li><strong> The minister <\/strong>met with <strong> British foreign secretary James Cleverly <\/strong> to discuss boosting economic and investment ties, and preparations for the Egypt-UK Partnership Council. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/3PGxyU0\" style=\"\" rel=\"noopener\">Foreign Ministry<\/a>)<\/li>\n<li><strong> Shoukry <\/strong> and <strong> Planning Minister Hala El Said <\/strong> both spoke at the <strong><a target=\"_blank\" href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\" style=\"\" rel=\"noopener\">Sustainable<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\" style=\"\" rel=\"noopener\">Development Goals Summit<\/a><\/strong>. The foreign minister used his speech to call on developed countries to fulfill their commitments and support green growth and climate finance, while El Said delivered an address about digital public infrastructure. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/3rhRRh0\" style=\"\" rel=\"noopener\">Foreign Ministry<\/a> | <a target=\"_blank\" href=\"https:\/\/bit.ly\/3LtWxam\" style=\"\" rel=\"noopener\">Planning Ministry<\/a>)<\/li>\n<li><strong> The foreign minister <\/strong> attended a meeting focused on <strong> restarting the peace process <\/strong><strong> between Palestine and Israel<\/strong>. Saudi Arabia, Jordan, the Arab League and the EU were also in attendance. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/3LoZSYv\" style=\"\" rel=\"noopener\">Foreign Ministry<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Sisi traveled to Abu Dhabi to meet with the UAE president<\/p>\n","protected":false},"author":1,"featured_media":606632,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[96,299,168,104,6680,6742,72,390,727,2411,6984,264,678,301,7085,8983],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-606631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-abdel-fattah-el-sisi","tag-adq","tag-diplomacy","tag-economy","tag-egypt-uae-relations","tag-egypt-uk-relations","tag-enterpriseam","tag-foreign-ministry","tag-hala-el-said","tag-ittihadiya","tag-middle-east-politics","tag-mohammed-bin-zayed","tag-planning-ministry","tag-sameh-shoukry","tag-un","tag-un-general-assembly","wpautop","entry"],"acf":{"mongo_id":"07ca5945-29a7-4e1a-ad58-968f565edaaa","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/1188.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian, UAE leaders talk economic, investment ties","related_issue":[606610],"teaser":"Sisi traveled to Abu Dhabi to meet with the UAE president","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.f6c533c7-9bf6-4b30-8403-051034a55488.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The two signed bilateral agreements on housing, irrigation, trade and manufacturing. No further details of the agreements were made public.","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621415,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/el-sisi-discusses-egypt-sudanoman-and-uae-ties-on-wyf-sidelines\/","url_meta":{"origin":606631,"position":1},"title":"El Sisi discusses Egypt-Sudan,Oman and UAE ties on WYF sidelines:","author":"enterpriseam admin","date":"7 November 2018","format":false,"excerpt":"President Abdel Fattah El Sisi met yesterday with Sudanese President Omar Al Bashir in Sharm El Sheikh on the sidelines of the World Youth Forum, according to an Ittihadiya statement. The two leaders touched on enhancing bilateral relations in fields of electricity and transportation, as well as boosting economic cooperation\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544823,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/israeli-pm-mbz-in-sharm-for-diplomatic-talks\/","url_meta":{"origin":606631,"position":2},"title":"Israeli PM, MBZ in Sharm for diplomatic talks","author":"enterpriseam admin","date":"22 March 2022","format":false,"excerpt":"El Sisi holds three-way talks with Israeli PM, MBZ: President Abdel Fattah El Sisi held trilateral talks with Israeli Prime Minister Naftali Bennett and Abu Dhabi Crown Prince Mohamed bin Zayed in Sharm El Sheikh yesterday. No official statements were issued following the talks, though diplomatic sources said discussions were\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641568,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/26\/sudan-says-it-hasnt-frozen-ties-with-egypt-uk-trade-delegation-meets-oil-minister-el-sisi-talks-with-abu-dhabi-crown-prince\/","url_meta":{"origin":606631,"position":3},"title":"Sudan says it hasn\u2019t frozen ties with Egypt, UK trade delegation meets oil minister, El Sisi talks with Abu Dhabi Crown Prince","author":"enterpriseam admin","date":"26 September 2017","format":false,"excerpt":"Sudan has denied reports it has \u201cfrozen\u201d diplomatic ties with Egypt, Sudan\u2019s Foreign Affairs Ministry said, according to the Sudan News Agency. The rumors began circulating after claims that Egypt voted in the UN against revoking economic sanctions imposed on the Sudan. Ties between Egypt and Sudan are going through\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632306,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/","url_meta":{"origin":606631,"position":4},"title":"Egypt, Oman to set up joint investment fund","author":"enterpriseam admin","date":"7 February 2018","format":false,"excerpt":"El Sisi\u2019s regional mini-tour continues with security talks in UAE, discussion of joint investment fund with Oman: President Abdel Fattah El Sisi discussed setting up a joint investment fund with Oman to enhance trade relations between both countries, Egypt Independent reports. At a meeting with Oman\u2019s Deputy Prime Minister for\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646659,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/el-sisi-meets-mohamed-bin-zayed-al-nahyan-in-cairo\/","url_meta":{"origin":606631,"position":5},"title":"El Sisi meets Mohamed bin Zayed Al Nahyan in Cairo","author":"enterpriseam admin","date":"20 June 2017","format":false,"excerpt":"President Abdel Fattah El Sisi met with Abu Dhabi Crown Prince Mohamed Bin Zayed AlNahyan in Cairo yesterday to discuss efforts to combat terrorism and those who provide terrorist groups with funding and media and political coverage (a not so subtle reference to Qatar and Al Jazeera), according to an\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=606631"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606631\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/606610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/606632"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=606631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=606631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=606631"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=606631"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=606631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}