Egypt is proud of its relationship with the UAE and the two countries are like one nation, President Abdel Fattah El Sisi told officials and ministers in Cairo at a gathering to mark 50 years of Emirati-Egyptian relations.
“We are proud of the relationship between the UAE and Egypt beginning with Sheikh Zayed — who famously said 'Arab Petrol is not more valuable than Arab Blood',” Mr El Sisi said.
He was speaking to hundreds of delegates from both countries who have gathered for a full day of sessions and discussions on politics, environment, culture and economic cooperation.
Ties between the UAE and Egypt run deep and go back to the time before the formation of the UAE under the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.
Minister of Cabinet Affairs Mohammed Al Gergawi echoed Mr El Sisi's sentiments. “The model of relations between the UAE and Egypt reflected in the comprehensive social and political ties is something we should look up to and the potential that can be unlocked by other nations if their ties were well managed.”
Last year alone, trade of non-oil commodities between the two nations reached Dh27.8 billion and Dh14.1 billion in the first half of this year.
Economic talks were also launched on the sidelines of the three-day event, to discuss the current investment landscape in Egypt and opportunities for the UAE. The UAE is the number one direct investor in Egypt at $16bn.
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