Egypt's President Abdel-Fattah El-Sisi has urged enhancing coordination and close cooperation between the state's ministries and relevant bodies to expedite the activation of the newly-launched partnership industrial initiative with the UAE and Jordan.
In a meeting with Prime Minister Mostafa Madbouli on Wednesday, El-Sisi urged starting implementing the projects included in the initiative in various sectors to achieve economic integration between Egypt, Jordan, and the UAE.
The president's remarks came days after the three countries launched a joint initiative of integrated industrial partnership for sustainable economic development in Abu Dhabi on Sunday.
The initiative was launched in a tripartite meeting during a visit by a delegation from the Egyptian government headed by Madbouli to the Emirati capital.
As part of the initiative, the UAE’s government announced on Sunday that it is allocating an investment fund of $10 billion for joint projects with Egypt and Jordan.
The fund will be run by Abu Dhabi Development Holding (ADQ) to support and accelerate the projects arising from the initiative.
Source: Al-Ahram Online
