The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in
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The UAE and Japan sign a defence cooperation agreement

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UAE

The United Arab Emirates (UAE), a country in the Middle East, and Japan, an island country in East Asia, have signed a defence cooperation agreement, boosting cooperation between the UAE and Japan in joint research, development and production of defence equipment and technology.

Major Gen. Mubarak Saeed Ghafan Al Jabri, the Assistant Undersecretary for Support and Defence Industries at the UAE’s Ministry of Defence, and Akio Isomata, the Ambassador of Japan to the United Arab Emirates, signed the agreement in the presence of various ministers of the UAE’s Ministry of Defence top-brass.

The defence cooperation agreement was signed at the Ministry’s headquarters in Abu Dhabi, the capital of the UAE. Major General Mubarak Saeed Ghafan Al Jabri and Akio Isomata agreed to strengthen bilateral ties between the two countries and cooperate in the military and defence industries.

Reportedly, the two countries agreed to facilitate the transfer of defence equipment and tech as well as boost cooperation in security and defence.

According to Japan, the accord will come into force after the completion of important procedures between the governments of the UAE and Japan. The Japanese ministry said in a statement that the agreement would improve production and technological bases for Japan’s defence industry, contributing to the security of Japan.

In February this year, the UAE's defence group EDGE signed an MoU (Memorandum of Understanding) with India's aerospace company Hindustan Aeronautics (HAL) to cooperate in the defence field between the UAE and India. The two countries agreed to cooperate in the field of missile systems and unmanned aerial vehicles (drones). The companies from the UAE and India also agreed to cooperate on mission computers, defence training programmes, and the manufacturing of metallic parts. The signing ceremony took place in Abu Dhabi, UAE, in February at the IDEX-2023 exhibition. 

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