EGYPT IN WORLD GOVERNMENT SUMMIT IN DUBAI IN FEBRUARY 2023
On February 12, 2023, the President-General of the Arab Republic of Egypt, Mr. Abdel Fattah El-Sisi, headed to the United Arab Emirates at the head of a high-level government delegation to represent Egypt in Egypt In World Government Summit under the slogan “Foreseeing Future Governments”, which was held under the auspices of the Vice President and Prime Minister. And the ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Wali has been held every year since 2013 in Dubai.
Mr. El-Sisi expressed his appreciation for the invitation extended to Egypt to participate in the event as a guest country at the summit, and praised the strong and wide-ranging relations between the two countries. He also participated in a panel discussion with key officials and companies specialized in various fields.
The official spokesman for the Presidency of the Republic, Counselor Ahmed Fahmy, confirmed that His Highness Sheikh Mohammed bin Rashid Al Maktoum emphasized the special place of Egypt and the Egyptian people in the hearts of the Emirati people, appreciating Egypt’s pioneering role in defending Arab issues and positions. And the policies and foundations of the Egyptian political leadership at the local and international levels.
Counselor Ahmed Fahmy added that the two government leaders discussed the recent developments in the region, and agreed to continue their cooperation and work towards creating a peaceful and prosperous region. Al-Sisi and Sheikh Mohammed bin Rashid expressed their commitment to joint efforts to ensure stability and prosperity in the region.
During the meeting, the two sides affirmed their appreciation for the strong brotherly relations and the historical ties that bind the two countries and their peoples. They also praised their deep relations at all levels, especially with Dubai, which reflected positively on the intensive mutual coordination regarding priority issues, and their efforts to achieve common goals and interests for both sides.
During the discussion session, President El-Sisi stressed that Dubai’s progress and prosperity constitute an inspiring development experience for the entire region. The President expressed his appreciation for the special invitation of Egypt In World Government Summit as a guest of honor at the WGS 2023 in Dubai. He stressed that the World Government Summit contributes to generating creative and innovative ideas that represent an inspiring way to face various regional challenges. President El-Sisi affirmed that the presence of Egypt among the governments present at the World Government Summit with a high-level delegation reflects the depth of the best and distinguished relations between the two brotherly countries, stressing that it represents a basic pillar for preserving Arab security and economic interests in the region.
World Government Summit Foundation in Dubai
The World Government Summit is a global organization and a neutral non-profit platform dedicated to shaping the future of government in the world.
Where the summit explores in its various activities the agenda of the next generation of governments with a focus on development, innovation and technology to solve the global challenges facing humanity.
Since its establishment in the UAE in 2013, the summit has defended the mission of forming future governments and creating a better future for humanity. Previous editions of the summit, the especially last year 2022, succeeded in creating a new model for cooperation in the international arena to inspire and empower the next generation of governments.
The World Government Summit Organization was established under the dynamic leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Mr.
Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Foundation, and Ruler of Dubai is preparing intending to organize and expand to new horizons, excellence and inclusiveness.
You can follow the World Government Summit on its official website from here
Objectives and advantages of the participation of Egypt In World Government Summit
The participation of Egypt In World Government Summit (WGS) 2023 in Abu Dhabi was a great opportunity for Egypt to showcase it’s progress and demonstrate it’s commitment to promoting economic growth and development. Mr. El-Sisi’s participation in the summit is testament to his ambition to create a better future for the Egyptian people. With the continued support of its partners, Egypt is poised to become a major player in the region and a pioneer in the global economy.
The summit provided Egypt with a platform to discuss its vision for the future, with a focus on the country’s digital transformation and its future economic growth. Al-Sisi stressed the importance of strengthening the current partnership between the two countries to ensure mutual benefit and to promote progress. He also discussed ways to enhance economic relations, boost trade and investment, and enhance technological cooperation.
The Egyptian President also held a meeting with the Director General of the International Monetary Fund, Kristalina Georgieva. During the meeting, Sisi discussed economic development in Egypt and its ability to attract foreign investments. He also discussed ways to strengthen the partnership between the International Monetary Fund and Egypt In World Government Summit , and discussed the possibility of obtaining funds from the International Monetary Fund.
President El-Sisi meets with the Director General of the International Monetary Fund
President Abdel Fattah El-Sisi met with the Managing Director of the International Monetary Fund, Ms. Kristalina Georgieva. The official spokesperson for the presidency, Counselor Ahmed Fahmy, said that the meeting reviewed Egypt’s relations with the International Monetary Fund, especially in light of the cooperation program between the two sides to complete the implementation of the economic reform process in Egypt.
President El-Sisi appreciated the fruitful participation and constructive cooperation between the Egyptian government and the International Monetary Fund to continue implementing the comprehensive economic reform program. The Egyptian and the increase of investment opportunities and the broad horizons that it provides.
Mrs. Georgieva, Managing Director of the International Monetary Fund, praised the role of Egypt In World Government Summit , Also praised the performance and resilience of the Egyptian economy and its ability to withstand and absorb the negative repercussions of the Corona virus epidemic and the Russian-Ukrainian crisis, taking into account Egypt’s vision of development that it seeks to achieve under the leadership of President El-Sisi and aims to continue improving the general indicators of the Egyptian economy and thus the IMF’s aspiration The international conference aims to further enhance the distinguished cooperation with Egypt In World Government Summit and support its economic reforms.
President Abdel Fattah El-Sisi also participated in a session entitled “Empowering the Private Sector and the Role of the Sovereign Fund of Egypt”,
which was held in the presence of representatives of investors and government agencies at the summit, a number of the largest family-owned companies, the Governor of the Central Bank of Egypt, the Ministers of Foreign Affairs, Planning, Economic Development, International Cooperation, Finance and Communications And information technology, trade and industry, in addition to the chief executive officer of the Egyptian Sovereign Fund.
President El-Sisi was keen to highlight the latest developments and trends and the state’s continuous efforts at all levels to stimulate private sector activity and design and provide opportunities for investment partnerships that correct the situation of common interests of all parties. This is through the president reviewing the measures taken to strengthen the institutional framework that supports investment, foremost of which is the adoption of the State Ownership Policy document. The State Ownership Policy document seeks to enhance competitive neutrality, and establish Egypt’s Sovereign Fund as one of the mechanisms for strengthening partnership with the local and foreign private sector. The goal is to achieve the goals of the country’s development strategy, which considers the private sector a key partner in the development process, according to the structural reform plans of the economy and the priority sectors in this regard. These primarily include major sectors such as agriculture, industry, services, health, education and tourism.
You can learn about the latest news of the participation of Egypt in World Government Summit here
President El-Sisi participates in the table discussion on billionaire startups at the World Government Summit
President El-Sisi participated in a roundtable meeting of billionaire start-ups as Egypt in World Government Summit representative .
It was also attended by senior billionaire officials in the field of technological applications, artificial intelligence, e-commerce and sustainable resource management.
The meeting witnessed a wide dialogue with many representatives and experts in companies interested in working in Egypt or expanding their existing projects.President El-Sisi affirmed and showed keenness and the government’s direction of Egypt In World Government Summit that Egypt is continuously communicating with investors to find out the challenges or obstacles they face and work to find solutions to all the obstacles they face.
The president stressed the clear importance of the role of the private sector, especially start-ups and entrepreneurs, who constitute a major driver of sustainable development, through investments and transfer of knowledge, especially modern and technological ones. Especially in light of the global economic conditions faced by governments.
Egypt’s efforts and contributions to attract investment and encourage entrepreneurship were also reviewed.
This is in addition to prospects for cooperation and potential future projects between Egypt In World Government Summit and the companies and institutions participating in the event, in light of the progress made at the level of structural economic reform and the creation of a legislative and institutional structure conducive to attracting more. Foreign investment in Egypt.
The discussion also touched on Egypt’s other potentials including qualified manpower and infrastructure that has been modernized and expanded over the past years, in addition to its diverse energy sources and its huge market.
