Cairo, Egypt – The UAE International Investors Council (UAEIIC) and Egyptian-Emirati Business Council (EEBC) will work together to enhance the existing investment partnerships, local media reports said.
The two signed an MoU regarding the same, which also includes creating more investment opportunities in the new economy, green projects, recycling, clean projects, the technological sector, new digital technologies and other areas of common interest to the business communities.
New investment opportunities
Both the parties will enhance cooperation and exchange of experiences, arrange meetings between companies and other initiatives to stimulate investment opportunities and support the business system in both countries.
The MoU also aims to form a comprehensive system of databases, consultations, and statistical information on the Egyptian and UAE markets.
The two parties would create more partnerships between the business communities and private companies, build their capabilities and encourage bilateral and multilateral investment.
The two councils are likely to organize joint initiatives, conferences and roadshows with the UAE, and provide each other with sufficient information on their planned initiatives, conferences, webinars and reports that serve both parties to exchange experiences in emerging markets and innovative ideas.