UAE to build Egypt’s ‘new Cairo’

SHARM EL SHEIKH // The UAE will be the driving force behind the construction of a new administrative capital for Egypt.

A key part of the project is to be named in honour of Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.

The Dh72 billion city will occupy 700 square kilometres of land to the east of Cairo, about 12 times the size of Manhattan, and will accommodate seven million people and create 1.5 million jobs.

The land deal was signed at the Egypt The Future economic conference yesterday by Mohammed Alabbar, chairman of the Dubai developer Emaar and head of the Capital City Partners fund that will build the city, and Mustafa Madbuli, Egypt's minister of housing.

The ceremony was witnessed by Sheikh Mohammed bin Rashid, the Prime Minister and Vice President and Ruler of Dubai, and Egypt’s president Abdel Fattah El Sisi.

Sheikh Mohammed later returned to Dubai, after delivering a speech on Friday described by one delegate as “the best received of the conference”.

In other developments at the gathering yesterday, the Abu Dhabi renewable energy company Masdar and Saudi Arabia's ACWA Power signed a deal with Egypt worth billions of dollars to develop renewable energy and natural gas power projects.

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Date of birth: April 18, 1998

Playing position: Winger

Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda

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A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur Sheikh Zayed