Egypt and the UAE will mark 50 years of ties this week, with a lavish three-day festival planned in Cairo.
The golden jubilee will be attended by President Sheikh Mohamed and Egyptian President Abdel Fattah El Sisi.
Five decades of partnership has led to co-operation in a variety of fields, including retail transport, warehousing, finance, construction, tourism and agriculture.
“The UAE-Egypt partnership is witnessing a remarkable growth in trade exchange, and a significant increase in the volume of mutual investments," said Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, speaking to official news agency Wam.
"The economic and trade relations between Egypt and the UAE are a model for Arab and regional relations."
Today about 420,000 Egyptians live in the UAE, attracted by lifestyle and employment opportunities. They sent home $3.5 billion in remittances during the 2020-2021 fiscal year.
Dr Anwar Gargash, diplomatic adviser to the President, said the celebration of five decades of close ties "shows the distinctiveness and strength of the historical relations between the two brotherly countries and peoples".
Odah Saeed, a 74-year-old Bedouin Egyptian from the country's northern Sinai desert, has lived in the Emirates for 40 years.
In an Emirati accent, he told The National that he thanks God for allowing him to live in the UAE for so long and says many of his countrymen feel the same.
"The UAE has a special love and place in the hearts of Egyptians," he said. "Since the country's founder Sheikh Zayed and until today, the UAE has been a sponsor and supporter of development and humanitarian projects in Egypt."
UAE investment in Egypt rose to $1.9bn in the first half of 2022, compared to $712.6 million in 2021, according to Egypt's Central Agency for Public Mobilisation and Statistics.
Egyptian companies have invested more than Dh4bn in the UAE, Wam reported.
"The relationship between Egypt and the UAE runs deep even before the founding of the UAE in 1971," Sammy Badran, an assistant professor at the American University of Sharjah who focuses on North African politics, told The National.
"The two countries have close economic ties and shared goals in terms of foreign policy as well as cultural ties which have gotten even stronger once President El Sisi came to power."
Notable achievements
The UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, made sure his country contributed to Egypt's reconstruction after the 1967 war with Israel.
Under Sheikh Zayed, the UAE allocated $100m to rebuild the governorates of the Suez Canal.
Today, Egypt has an entire city named after Sheikh Zayed.
Many of the UAE's veteran officials are Egyptian, as Egypt's President Gamal Abdel Nasser sent delegations of teachers, engineers and doctors to support the country as it began to grow as a nation.
The UAE is now the number one direct investor in Egypt.
"Signs are clear that there are increasing ties between the two states and I foresee that continuing over the next years," Mr Badran said.
UAE currency: the story behind the money in your pockets
Sukuk
An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
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Fixtures
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Yemen's Bahais and the charges they often face
The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.
The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran.
Today, some 2,000 Baha'is reside in Yemen, according to Insaf.
"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said.
Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer.
The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy.
The Gentlemen
Director: Guy Ritchie
Stars: Colin Farrell, Hugh Grant
Three out of five stars
The specs
Engine: 4.0-litre, twin-turbocharged V8
Transmission: nine-speed automatic
Power: 630bhp
Torque: 900Nm
Price: Dh810,000
The%20specs%20
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
FA CUP FINAL
Manchester City 6
(D Silva 26', Sterling 38', 81', 87', De Bruyne 61', Jesus 68')
Watford 0
Man of the match: Bernardo Silva (Manchester City)
UAE currency: the story behind the money in your pockets
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