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اليوم السابع
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Jebili Highlights Role of Al Fujaira Al-Ilmin in Strengthening Ties
Deputy Ahmed Jubaili described the establishment of "Fujairah Al-Alamin Oil and Gas Company" as an important step to enhance economic and investment cooperation between Egypt and the United Arab Emirates in the energy sector. The move reflects the evolution of relations between the two countries from mere agreements to implementation projects, aiming to achieve financial returns and economic sustainability. This collaboration contributes to expanding investment opportunities in oil and gas, increases employment opportunities, and supports local supply chains. It also reaffirms that Egypt possesses the infrastructure and expertise to become a regional energy hub, while the UAE has advanced financial and investment capabilities. The founding of the company demonstrates Emirati investor confidence in the Egyptian market, supports sustainable development and energy security, and opens new horizons for mutual investment between the two nations.
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