Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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UAE starts a project for an industrial census

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UAE

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Today, the Federal Competitiveness and Statistics Centre (FCSC), the members of the Industry Development Council, and the regional statistics offices joined forces with the Ministry of Industry and Advanced Technology (MoIAT) to begin the Industrial Census initiative.

The project's goal is to compile a thorough database of all businesses that engage in industrial activity as defined by the International Standard Industrial Classification of All Economic Activities (ISIC4 - Section C), including those operating in free zones, regardless of whether they have an industrial or non-industrial licence.

Also read :UAE’s Focus on expanding Global economical partnership

The action is in accordance with Ministerial Decision No. 6 of 2023, which governs the procedure for industrial establishments to send information to MoIAT, and Federal Decree-Law No. 25 of 2022, which governs the regulation and development of the industry.

The project was unveiled at a press conference held in Abu Dhabi by MoIAT. A dependable and adaptable method for industrial businesses and establishments to take part in the census and submit their data will be made available as part of the initiative by MoIAT.

Also read :UAE's Role in Facilitating Prisoner Exchange Between Russia and Ukraine 6th successful prisoner exchange

In addition to assisting decision-makers in tracking, evaluating, and enhancing the competitiveness of the industrial sector and informing related future policies and decisions that make the sector flexible, the project will assist in the creation of new investment opportunities for manufacturers, investors, and owners of industrial companies. The project is in line with Operation 300 billion, the country's industrial and advanced technology policy.

The project is in line with orders from our leadership to grow the industrial sector in the UAE and increase its contribution to national GDP, according to Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of the Industry Development Council. The MoIAT, in collaboration with FCSC, local governments, and free zones, plays a crucial role in developing an enabling legal framework that supports the industrial sector and aids in luring both domestic and foreign investments in order to achieve the goals of the national strategy for industry and advanced technology.

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