Summary of "Daily Debate 29 9 2025 Amb , Gamal Baioumy"
The discussion centers on the recent visit of the President of the United Arab Emirates (UAE) to Egypt and its diplomatic and economic significance. Ambassador Gamil Bayoumi, former assistant foreign minister, emphasizes the importance of the visit in strengthening bilateral ties between Egypt and the UAE, highlighting the historical relationship and Egypt’s support for the UAE’s independence. He notes the fragile state of many Arab countries, such as Syria, Libya, Sudan, and Yemen, underscoring the need for closer cooperation among stable Arab states like Egypt, the UAE, Saudi Arabia, Morocco, Algeria, and Tunisia to address regional security and challenges.
Economically, the ambassador stresses the UAE as one of Egypt’s largest investors and the importance of Egyptian expatriates working in the UAE, who contribute significant remittances. He points to new investment initiatives on Egypt’s western Mediterranean coast, which promise job creation and tourism growth. However, he also highlights bureaucratic obstacles within Egypt that hinder foreign investment, calling for reforms to facilitate smoother economic cooperation. He compares Egypt’s banking system unfavorably with international standards, illustrating the need for modernization to attract and retain investors.
Overall, the visit symbolizes a strategic effort to deepen diplomatic and economic relations amid regional instability, with a focus on collaboration and reform to enhance Egypt-UAE ties.
Presenters/Contributors:
- Ambassador Gamil Bayoumi (former assistant foreign minister)
- Unnamed host/moderator from Nile TV International’s Daily Debate
Category
News and Commentary
