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Mubarak meets a group of prominent UAE investors

posted on 13/02/2008: 694 views



Egyptian President, Hosni Mubarak, met yesterday a group of prominent UAE businessmen, investors and board chairmen of a number of UAE banks, including Speaker of the Federal national Council, Abdul Aziz Al Ghurair. A number of UAE and Egyptian ministers and senior officials also attended the meeting during which the general UAE investments of in Egypt were reviewed.

According to Egyptian Ambassador, Mohammed Sa'ad Obaid, President Mubarak reiterated during the meeting the special nature of UAE-Egypt ties and that Egyptian government and people have great respect for the UAE and its people. He cited the unique ties between President Mubarak and the late Sheikh Zayed bin Sultan Al Nahyan, which continue to date with President His Highness Sheikh Khalifa bin Zayed Al Nahyan. He said president Mubarak had given directives to all Egyptian ministers and officials to always facilitate and ease any investment obstacle that confront Arab investors in Egypt, especially Emirati investors, to help boost their investments in Egypt.

Al Ghurair said President Mubarak had praised the special and historic ties between his country and the UAE, adding that President Mubarak's meeting with more than 20 prominent UAE investors aims at having first hand information about their investments in Egypt and their views on those investments. - Emirates News Agency, WAM

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