Strong UAE-Egypt Relations
- 14 March 2015
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai – representing the UAE at ‘The Future: Egypt Economic Development Conference’ held recently at Sharm Al-Sheikh, Egypt – conveyed the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan (may God protect him), to the President and people of Egypt with wishes of progress, well-being, and prosperity. The UAE’s position on Egypt has been a principled, strategic and consistent one, which His Highness described in his speech. He said that Egypt, the land of peace and heart of Arabism, has the finest soldiers on earth and with them history has been made. “History has taught us that when Egypt is strong, it breathes life into the nation and leads to its resurgence,” he said.
During his visit to Egypt on Wednesday, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, reiterated to the Egyptian President Abdel-Fattah El-Sisi that Egypt is a safety valve for the region and that the UAE–Egypt ties remain strong in the face of challenges. His Highness remarked that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan (may God protect him), is keen to enhance cooperation and boost ties with Egypt, providing political, economic and development support and empowering its people to fulfill their aspirations for stability and progress. His Highness noted that supporting Egypt at this time is supporting history, civilization and future of the country.
Owing to its trust in Egypt’s regional and international role, the UAE rushed, alongside its Arab brethren and friends around the world, to stand by the country and its people. They wanted to help the country overcome crises, move toward sustainable development and build a fair and transparent administration that could end political, social, security, and economic crises that have led to poverty, deprivation, unemployment, and disruption of production. These circumstances have served the interests of a group of people who did not want Egypt to be strong and dignified and play its national, regional and international roles for the welfare of humanity.
The total aid announced by the UAE for Egypt – as directed by President His Highness Sheikh Khalifa bin Zayed Al Nahyan (may Allah protect him) – until this conference reached around AED 51 billion over two years. This is in addition to a UAE support package of AED 14.7 billion for Egypt, AED 7.4 billion of which will be deposited in the Central Bank while around AED 7.4 billion will be invested in a number of projects in infrastructure, transport, housing, and energy as well as vital areas including education, training, transportation, healthcare, food security and other projects to be announced in the future.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, summed up the relationship between the UAE and Egypt. “Egypt is our second home…the UAE is also a second home for Egyptians…what is ours is theirs, and their responsibilities are ours. What we invest in Egypt today is for the stability of the region…We will see its result in the near future – god willing. We stand by Egypt in bread and destiny,” His Highness remarked.