Home NewsEgypt News Abu Dhabi Crown Prince in Cairo to Discuss Investments

Abu Dhabi Crown Prince in Cairo to Discuss Investments

by Yomna Yasser

Crown Prince of Abu Dhabi Mohamed Bin Zayed Al-Nahyan arrived in Cairo on Wednesday intending to meet Egypt’s President Abdel Fattah a-Sisi to discuss investments and developmental plans between Egypt and the United Arab Emirates, Al-Ahram’s Arabic news website reported.

Al-Nahyan, who is also the deputy supreme commander of the UAE’s army, plans to also meet Egyptian Prime Minister Ibrahim Mahlab to discuss bilateral relations.

In July, Egypt received $3 billion in aid from the UAE, part of the $12 billion pledged by Gulf Arab states after the ouster of Muslim Brotherhood president Mohamed Morsi.

The UAE also sent seven shipments of fuel worth $225 million in the same month.

Gulf states – namely Saudi Arabia and the UAE – have strongly backed Egypt’s latest government and are opposed to the Brotherhood, which they see as a threat to their own domestic stability.

Source: Ahram Online

You may also like

Leave a Comment