UAE and Seychelles Boost Parliamentary Cooperation

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  In a step toward deepening international collaboration, the UAE Parliamentary Friendship Committee recently held a pivotal meeting with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles. The agenda: enhancing parliamentary cooperation and forging stronger bilateral relations between the two nations. The dialogue, marked by mutual respect and shared interests, focused on the importance of inter-parliamentary exchange in fostering diplomatic and developmental ties. Both sides emphasized the need for collaborative approaches to global challenges such as climate change, economic diversification, and sustainable development — issues that resonate deeply with both countries given their strategic geographic locations and shared ambitions. Waven William lauded the UAE’s rapid progress in governance and innovation and expressed interest in learning from the UAE’s successful models of economic and social development. The UAE representa...
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The UAE's Economic Surge: Riding the Wave of Growth

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UAE

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 According to the most recent International Monetary Fund (IMF) predictions, the UAE's Gross Domestic Product (GDP) is expected to grow by 3.4% in 2023, outpacing all five Gulf Cooperation Council (GCC) members. The pace for growth does not stop then; the IMF predicts an even stronger rise to 4% in 2024.
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What is driving this economic recovery? Higher oil prices have been critical, providing the UAE with a significant financial gain. As one of the world's main oil producers, the country has been able to profit from the current oil price boom, thereby bolstering its economic stability. 

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What is driving this economic recovery? Higher oil prices have been critical, providing the UAE with a significant financial gain. As one of the world's main oil producers, the country has been able to profit from the current oil price boom, thereby bolstering its economic stability.

Another driving element behind the UAE's economic development is the influx of capital and investments. Investors from all over the world

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