Planning Minister Meets with CEO of (ADQ) to follow up the joint investment platform between Egypt, UAE
26 January 2021
Dr. Hala El-Said,
Minister of Planning and Economic Development and Chairperson of the Board of
Directors of The Sovereign Fund of Egypt (TSFE), held recently a meeting with Mohamed Hassan Al-Suwaidi,
CEO of "Holding" (ADQ), and the company's senior management team, to
follow up on the joint investment platform's work.
The platform was launched between Egypt and the United Arab
Emirates. The meeting was attended by Mr. Ayman Soliman, Executive Director of
Egypt's Sovereign Fund.
The meeting included following up the steps of work and
partnership between (TSFE) and the Emirati side in several projects, exchanging
views on investment opportunities, and maximizing returns from the assets
offered for investment.
The meeting also
discussed the operational steps and timetables of the current projects in the
field of health services, pharmaceutical industries, real estate development,
logistics services, and the transportation sector.
The meeting also
reviewed the results of studies on attracting Arab and foreign investments to
joint projects.
The Minister of Planning and Economic Development asserted
the depth of cooperation between Egypt and the UAE in all fields, especially
the economic fields, and Egypt's keenness to activate the role of the joint
investment platform to achieve the highest levels of utilization of available
opportunities.
El-Said also stressed
the importance of holding periodic meetings between the two sides and
continuous follow-up to ensure the achievement of the desired goals of the
action plan.
