10 economic benefits of El-Sisi participation in the Government Summit in Dubai

Abu Bakr El-Deeb, a researcher in international relations and political economy, monitored, 10 economic benefits of El-Sisi participation in the Government Summit in Dubai.

Abu Bakr Al-Deeb pointed out that the visit to the sister country, the Emirates, comes within the framework of the specificity of the Egyptian-Emirati relations, and what unites the two countries in terms of historical fraternal ties, relations of cooperation and mutual coordination at all levels.

Abu Bakr El-Deeb added that the participation of President Abdel Fattah El-Sisi in the summit at the head of a high-level delegation of Egyptian ministers and officials had many advantages.

1. The most important of which is improving government performance.

2. Focusing on technology and innovation to meet regional and international challenges.

3. Enhancing government efforts to improve work and education, exchange experiences and plan for the future.

4. Providing job opportunities for young people and attracting new investments.

5. Confirms interest in presenting the Egyptian experience in development, combating corruption, confronting terrorism, and achieving a better future for Egyptians through accelerating development and governance processes.

6. Abu Bakr El-Deeb stressed that the Egyptian benefit is emphasizing the future of societies and health care, the governance of economic resilience and communication, education and jobs as priorities, accelerating development and governance, exploring new horizons, designing and sustaining global cities, and strengthening cooperation between government, civil society and the media, noting that each must These parties join hands to foresee the future.

7. Abu Bakr El-Deeb confirmed that the President presented the Egyptian vision in economic reform and the role of national projects in absorbing unemployment, as he confirmed that national projects provided 5 million job opportunities for the Egyptian people, and that Egypt aims to build 24 smart cities that are compatible with the requirements of the future, adding that it has also succeeded in providing 8 billion.

8. Abu Bakr El-Deeb mentioned that President Abdel-Fattah El-Sisi also participated in the "Round Table for Billion Startups", in the presence of officials of a number of these major companies in several areas, including technology applications, artificial intelligence, e-commerce and sustainable resource management.

9. He explained that the meeting witnessed an open dialogue with representatives of companies who expressed interest in working in Egypt or expanding their existing projects.

10.   He pointed to the importance of the role of the private sector, both Egyptian and foreign, especially emerging companies and entrepreneurs, as a locomotive for sustainable development through investments and the transfer of knowledge, especially modern and technological ones.

President El-Sisi's meeting with Sheikh Mohammed bin Rashid Al Maktoum confirms pride in the strength of brotherly relations at all levels, especially with the Emirate of Dubai, which reflects positively on the strength of mutual coordination.

He explained that the number of Egyptians residing in the UAE reaches 350,000, praising the distinguished relations between Egypt and the UAE, which over the past years have represented Egypt's main supporter, not only with money and oil, but also with economic expertise.

The UAE is the second largest trading partner of Egypt at the Arab level, while Egypt is the fifth largest Arab trading partner of the UAE in non-oil intra-trade and accounts for 7% of its total non-oil trade with Arab countries.