Egypt, UAE discuss establishing partnerships in African markets

Chairman of the General Authority for Free Zones and Investment (GAFI) Hossam Heiba met Wednesday with Emirati Ambassador Mariam Khalifa al-Kaabi to confer over investment opportunities in Egypt and bolstering economic cooperation.

The GAFI chairman and the Emirati ambassadors also discussed establishing partnerships in African markets to capitalize on the trade agreements between Egypt and other states on the continent.

Further, they also agreed on exchanging experience on the management of free zones and business development as well as periodically holding an Egyptian-Emirati Forum to examine investment opportunities. It is noted that the UAE is a partner in the foundation and operation of 1,300 firms in Egypt.