Egypt and UAE intend to strengthen co-operation in fields of electricity and renewable energy

14.08.24
14:17


Society

Egypt and UAE intend to strengthen co-operation in fields of electricity and renewable energy

Representatives of the countries met in the New Administrative Capital in Egypt

During a meeting in Egypt, Mahmoud Essmat, Egypt’s Minister of Electricity and Renewable Energy, and Mariam Al Kaabi, the UAE Ambassador to Cairo discussed opportunities to strengthen co-operation and investment in these fields.

Essmat praised the historic ties between Egypt and the UAE, calling them “a prime example of constructive cooperation among Arab states”. He noted the successful partnerships between UAE companies and the Egyptian Ministry of Electricity and Renewable Energy, especially in the fields of renewable energy and energy diversification.

He also emphasised the importance of private sector participation in Egypt’s renewable energy projects. This is reported by
Daily News Egypt, a partner of TV BRICS.

The government, Essmat said, has taken measures to encourage private investment, especially in wind and solar energy, and UAE companies will receive full support for their investments in this sector. 

Al Kaabi echoed Essmat’s views, noting the “rapid development” of Egyptian-Emirati relations, which she described as “a model for Arab co-operation”.

Photo:
iStock

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