• President Sheikh Mohamed is received by Abdel Fattah El Sisi, President of Egypt, on arrival at Al Alamein. All photos: Presidential Court
    President Sheikh Mohamed is received by Abdel Fattah El Sisi, President of Egypt, on arrival at Al Alamein. All photos: Presidential Court
  • Sheikh Mohamed and Abdel Fattah El Sisi stand for the national anthem at Al Alamein.
    Sheikh Mohamed and Abdel Fattah El Sisi stand for the national anthem at Al Alamein.
  • The leaders discussed bilateral co-operation and the many opportunities to grow and enhance the strategic partnership between the UAE and Egypt.
    The leaders discussed bilateral co-operation and the many opportunities to grow and enhance the strategic partnership between the UAE and Egypt.
  • They also exchanged views on several issues, dossiers of common concern and the latest regional and international developments.
    They also exchanged views on several issues, dossiers of common concern and the latest regional and international developments.

UAE and Egypt to stage three-day event to mark 50 years of ties


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The UAE and Egypt will stage a major event in Cairo next week to mark 50 years of friendship between the Middle East neighbours.

The three-day celebration will be held from October 26 to 28 under the slogan of 'Egypt and the UAE — one heart'.

Ministers and officials from both countries will be among more than 1,800 leading Emirati and Egyptian figures, drawn from sectors such as business, media and creative industry.

Mohammed Al Gergawi, Minister of Cabinet Affairs, said firm foundations for the long-standing ties were laid down by the UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.

“The UAE-Egypt historical relations represent a distinguished model for the bilateral relations between Arab countries based on integration and common interests,” said Mr Al Gergawi.

  • President Sheikh Mohamed, King Abdullah II of Jordan, Egyptian President Abdel Fattah El Sisi, King Hamad of Bahrain and Iraqi Prime Minister Mustafa Al Kadhimi view a model of a resort in El Alamein, Egypt, which was inaugurated on August 24. All photos: UAE Presidential Court
    President Sheikh Mohamed, King Abdullah II of Jordan, Egyptian President Abdel Fattah El Sisi, King Hamad of Bahrain and Iraqi Prime Minister Mustafa Al Kadhimi view a model of a resort in El Alamein, Egypt, which was inaugurated on August 24. All photos: UAE Presidential Court
  • Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi attend a reception at El Alamein International Airport.
    Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi attend a reception at El Alamein International Airport.
  • Sheikh Mohamed is received by Mr El Sisi before the reception at El Alamein International Airport.
    Sheikh Mohamed is received by Mr El Sisi before the reception at El Alamein International Airport.
  • Sheikh Mohamed views a model of the Regal Heights Hotel during the hotel's inauguration ceremony.
    Sheikh Mohamed views a model of the Regal Heights Hotel during the hotel's inauguration ceremony.
  • Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of the Presidential Court, and Sheikh Nasser bin Hamed, a prominent member of the Bahraini royal family, at the inauguration ceremony.
    Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of the Presidential Court, and Sheikh Nasser bin Hamed, a prominent member of the Bahraini royal family, at the inauguration ceremony.
  • President Sheikh Mohamed views a model of the Regal Heights.
    President Sheikh Mohamed views a model of the Regal Heights.
  • Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi look at a model of the Regal Heights Hotel.
    Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi look at a model of the Regal Heights Hotel.
  • The newly opened Regal Heights Hotel.
    The newly opened Regal Heights Hotel.
  • Sheikh Hazza bin Zayed, Deputy Chairman of the Abu Dhabi Executive Council, with Jordanian Prime Minister Bisher Al Khasawneh during the inauguration ceremony.
    Sheikh Hazza bin Zayed, Deputy Chairman of the Abu Dhabi Executive Council, with Jordanian Prime Minister Bisher Al Khasawneh during the inauguration ceremony.
  • Sheikh Mohamed and Mr El Sisi look at the model of the Regal Heights Hotel.
    Sheikh Mohamed and Mr El Sisi look at the model of the Regal Heights Hotel.
  • Sheikh Mohamed and Mr El Sisi look at the model of the Regal Heights Hotel.
    Sheikh Mohamed and Mr El Sisi look at the model of the Regal Heights Hotel.
  • Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi at the ceremony.
    Sheikh Mohamed, King Abdullah, King Hamad, Mr El Sisi and Mr Al Kadhimi at the ceremony.
  • President Sheikh Mohamed and King Hamad view the model.
    President Sheikh Mohamed and King Hamad view the model.
  • Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and Dr Anwar Gargash, diplomatic adviser to the President, at the inauguration ceremony in Egypt.
    Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and Dr Anwar Gargash, diplomatic adviser to the President, at the inauguration ceremony in Egypt.
  • Sheikh Mohamed, King Hamad and Mr Al Kadhimi receive flowers as Mr El Sisi watches on.
    Sheikh Mohamed, King Hamad and Mr Al Kadhimi receive flowers as Mr El Sisi watches on.
  • Sheikh Abdullah, right, speaks with Prime Minister Al Kadhimi.
    Sheikh Abdullah, right, speaks with Prime Minister Al Kadhimi.
  • President Sheikh Mohamed speaks with King Hamad of Bahrain, left, Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, third left, King Abdullah II of Jordan, Egyptian President Abdel Fattah El Sisi and Iraqi Prime Minister Mustafa Al Kadhimi during the inauguration ceremony.
    President Sheikh Mohamed speaks with King Hamad of Bahrain, left, Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, third left, King Abdullah II of Jordan, Egyptian President Abdel Fattah El Sisi and Iraqi Prime Minister Mustafa Al Kadhimi during the inauguration ceremony.
  • Sheikh Mohamed takes in the view from the Regal Heights hotel.
    Sheikh Mohamed takes in the view from the Regal Heights hotel.
  • A fireworks display brings the inauguration ceremony to a close.
    A fireworks display brings the inauguration ceremony to a close.
  • The dazzling display lights up the night sky.
    The dazzling display lights up the night sky.

“These strong ties are not limited to the diplomatic and leadership level only, but also include the peoples of the two countries.”

“The Founding Father, the late Sheikh Zayed, laid the strong bonds of brotherhood and friendship with Egypt. Today, thanks to President Sheikh Mohamed and President Abdel Fattah El Sisi, bilateral relations between the brotherly countries have become stronger and more prosperous in various sectors.”

The event's agenda will include an economic forum attended by ministers, businessmen and economists from both countries.

It will centre on the strong economic ties between the UAE and Egypt.

A culture forum held on the second day of the gathering will highlight deep connections across the fields of media, arts, history and sport.

The UAE more than doubled its investments in Egypt during the first half of the 2021-22 fiscal year, after a series of government-backed initiatives and forays by private companies, it was announced in August.

The value of Emirati investments in Egypt, the Arab world's third-largest economy, rose to $1.9 billion in the first six months of the fiscal year, up by about 169 per cent from $712.6m in the same period a year earlier, Egypt's Central Agency for Public Mobilisation and Statistics said in a statement on its website.

The value of trade between the two countries increased by 1.4 per cent year-on-year to $1.2bn during the first quarter of 2022, the government agency said.

Sheikh Mohamed visited Egypt in August for high-level talks with Mr El Sisi.

The two discussed co-operation and the opportunities to grow and enhance the strategic partnership between the UAE and Egypt, especially in the economic and development fields.

During the tour, Sheikh Mohamed and Mr El Sisi inspected the Regal Heights Hotel, which is part of an investment project in El Alamein City.

King Hamad of Bahrain, King Abdullah II of Jordan, and Mustafa Al Kadhimi, Prime Minister of Iraq, also attended the site with the presidents.

The leaders were briefed about the five-star hotel and watched a fireworks display and parachute performance.

The UAE and Egypt are also close allies in the global fight against climate change.

The UN Climate Change Conference 2022 — known as Cop27 — is to be held in Sharm El Sheikh, Egypt, in November, with the UAE staging the event in 2023.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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Updated: October 19, 2022, 6:38 AM