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Showing posts from 2024

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

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

The UAE's superiority in global competitiveness is based on two key factors: strategic governance and innovation.

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The United Arab Emirates' ascent to the seventh rank in the 2024 World Competitiveness Report is a significant achievement that highlights the nation's strategic leadership and commitment to novel concepts. The UAE has seen continuous improvement on the global stage under the direction of His Highness Sheikh Mohammed Bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, the country's president. Top rankings have been attained based on several measures of competitiveness.  His Highness Sheikh Mohammed bin Rashid expressed gratitude to the devoted groups from the fields of development, the economy, and administration that made this achievement possible. UAE's quick rise in the World Competitiveness Report is indicative of its adaptability in the global economy. This is especially true for the rankings in Economic Performance, Government Efficiency, and Business Efficiency. The UAE gets high ratings for more than ninety major indicators and sub-indicat

United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece's Terna Energy

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  The acquisition price gives the Greek renewables company an equity valuation of 2.4 billion euros and an enterprise value of 3.2 billion euros, the two companies said.  The transaction is subject to regulatory approvals and other conditions. Once completed, "Masdar will launch an all-cash mandatory tender offer to acquire all the remaining shares of TERNA ENERGY with the intention of reaching 100%," the statement said. Masdar is expanding in several parts of Europe, as well is in Asia, the United States and elsewhere, as it seeks to grow its capacity to 100 gigawatts of renewable energy by 2030.

A Humanitarian Action that Benefits the People of Sudan

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  The UAE has so far provided $130 million in humanitarian aid to Sudan, established airlift aid  and supported refugee camps in Chad and South Sudan.  Such a Life-saving food campaign in Sudan that  helps  Sudanese  to ease  crisis  This donation will enable the UAE to help vulnerable people  at risk of falling into starvation.  Since the beginning of the crisis this year, the UAE has established an air bridge between Sudan and neighboring Chad to provide assistance and support  to the Sudanese people and to alleviate the severity of the humanitarian crisis in Sudan and neighboring countries.  The UAE has also provided $130 million worth of humanitarian aid and 9,500 tons of food and medicine through the deployment of 148 aid aircraft.  In addition, it has dispatched a ship loaded with around 1,000 tons of urgently needed relief supplies.  The UAE's support for the Sudanese people reflects the country's unwavering commitment  to providing humanitarian assistance and  support t

Latest report said UAE climbs to seventh place in global competitiveness ranking

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  The United Arab Emirates has risen three places to seventh  in this year's IMD World Competitiveness Rankings.  The Arab world's second largest economy continues to grow while diversifying.  This highlights the region's focus on fostering a business-friendly environment and economic diversification.  The list of countries making it into the top 10 is:   1. Singapore 2. Switzerland 3. Denmark 4. Ireland 5. Hong Kong 6. Sweden 7. UAE 8. Taiwan 9. Netherlands 10. Norway  Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said this success was thanks to all  the government, economic and development teams working tirelessly to move the UAE forward.  

According to study 6,700 millionaires will relocate to the UAE this year

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UAE is home to 116,500 millionaires, 308 centimillionaires and 20 billionaires. The study features high net worth individuals (HNWIs) with liquid investable wealth of $1 million or more   In which UAE has introduced a robust regulatory framework that provides the wealthy with a range of innovative solutions to protect, preserve and enhance their wealth  With its sights firmly set on becoming the world's top wealth haven, the UAE is pulling out all the stops to attract millionaires, from an attractive golden visa offering and luxurious living to a business-friendly environment in a strategic location. The results speak for themselves: the UAE is poised to welcome a record net inflow of 6,700 millionaires in 2024, cementing its status as a dynamic sovereign wealth magnet, 

The United Arab Emirates continues to show an unparalleled dedication towards worldwide humanitarian activities, therefore consolidating its leadership position in giving assistance and encouraging global collaboration.

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  The UAE has since the crisis started made an air bridge to Sudan as well as Chad and it delivered USD 130 million as aid, barrels of essential supplies weighing 9,500 tonnes using 148 relief flights. Responding to a plea for additional support, a vessel laden with approximately 1000 tons of emergency supplies was sent to that area from here. All these have gone a long way towards reducing this humanitarian disaster.  The UAE's allocation seeks to address the crisis and prevent the humanitarian situation from worsening and the imminent risk of famine in the said  country  By providing food supplies and creating field hospitals in Amdjarass as well as Abéché, UAE has reached out to the Sudanese refugees from Chad and other areas. Last year  UAE established an air bridge with Sudan and neighboring Chad to provide support and aid and has set up field hospitals in Chad to treat Sudanese refugees.  These facilities have seen almost thirty thousand patients who received important medica

UAE allocates 70% of its $100 million pledge to the United Nations

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  One of the major donors of humanitarian aid to Sudan and Africa, the United Arab Emirates (UAE) donated seventy percent of the $100 million pledge it made in April during its participation in the International Humanitarian Conference on Sudan to UN agencies and relief and humanitarian groups.    UAE includes providing all types of assistance, especially food and health assistance, protecting women and children, and providing livelihoods and shelter in emergencies, which confirms its commitment to addressing various aspects of the humanitarian crisis in Sudan.  Her Excellency Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, said: “The UAE’s aid to Sudan and neighboring countries comes within the framework of the wise     “Within the framework of providing medical services to Sudanese refugees in neighboring countries, the UAE has built two field hospitals in Amdgrass and Abéché, Chad, to support our fellow Sudanese refugees. Their services extend to all c

UAE and Ukraine deepen relationship

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  Since the beginning of the war, the UAE has donated 14 airplanes with over a thousand tons of food and medical supplies as part of our efforts to help civilians. UAE  have also donated many generators to help survive the consequences of the attacks on energy infrastructure.  Since  May Ukraine and the UAE conclude a partnership agreement and deepen trade relations.   The Comprehensive Economic Partnership Agreement (CEPA) will remove or reduce tariffs on a range of good and products, remove trade barriers and ease market access to exporters from both sides, the statement said. In addition, the CEPA will also "support Ukraine's recovery and the rebuilding of key industries and infrastructure, while also helping to strengthen supply chains to the (Middle East and North Africa) region for major exports such as grains, machinery and metals.    The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Ukraine will remove or reduce tariffs on a range of goods and

Eid Al-Adha Wishes Swapped Between Turkish President and UAE President

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Today, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Recep Tayyip Erdoğan, President of the Republic of Turkey, talked on the phone to greet each other with congratulations and best wishes for Eid Al-Adha. In their discussion, both leaders wished each other well, acknowledging the importance of this holiday being a time of sacrifice, unity and self-reflection  The two leaders’ exchange is proof of the strong bilateral relations between the UAE and Türkiye, showing their dedication to peace and stability in the region and beyond. In the face of global difficulties, this shows the leaders of these countries are aware of the strength that comes when we come together and work together toward similar objectives.  At a time when the world is facing difficulties like never before such an inspiration as leaders’ advocacy for peace and prosperity is encouraging. Best wishes for Eid Al-Adha from them both indicate their hope that for once nations may form a un

During the G7 Summit, the President of the UAE has requested for joint measures pertaining to Artificial Intelligence and Energy.

سعدت بالمشاركة في جلسة ضمن قمة مجموعة السبع في إيطاليا حول الذكاء الاصطناعي والطاقة، وأشكر معالي جورجيا ميلوني رئيسة الوزراء على دعوتها الكريمة. الإمارات حريصة على ترسيخ التعاون الدولي لتعزيز دور الذكاء الاصطناعي في التعامل مع التحديات العالمية المشتركة وفي مقدمتها تحدي الطاقة.… pic.twitter.com/5Z55qdw05G — محمد بن زايد (@MohamedBinZayed) June 14, 2024   The UAE's commitment to sustainable development and technological innovation is emphasized by UAE President Sheikh Mohamed bin Zayed Al Nahyan's rece participation in the G7 Summit Session on artificial intelligence and energy, which was hosted by Italian Prime Minister Giorgia Meloni. Dubbed “Energy and Artificial Intelligence / Africa and the Mediterranean Region”, the session offered a platform for world leaders to deliberate on urgent challenges and opportunities in the sphere of renewable energies and ICT  In his speech, Sheikh Mohamed emphasized how significant current global challenges, especially in the energy sect

Collaboration of AI between the United Arab Emirates and US

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  Through this act together, a number of new firms have been created; philanthropic undertakings have also been established as well as space expeditions with a speed that have not only caught everyone by surprise but also led to other Countries looking up at this nation as a reference point in regard to advanced technology.  The way the United Arab Emirates has embraced change is evident from its association with the United States since this would assist them shape their destiny concerning Artificial Intelligence together with other sophisticated technologies because there is a common aspiration for a progressive world through technology by these two nations. The UAE and the US are working together on collaboration and innovation in the field of advanced technologies, especially on artificial intelligence   They have a common vision for tomorrow and have made a promise to develop technologically, a shared future  success  stories “The UAE is very much on Team USA when it comes to advan

UK Prime Minister on G7 Summit

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  Prime Minister of the United Kingdom, on the sidelines of the G7 Summit session on artificial intelligence and energy hosted by the Italian Republic and met  with  UAE President  During the meeting, the two leaders discussed bilateral relations and ways to develop and expand them in various fields, including economic and developmental areas. 

The UAE is increasing its aid efforts in Gaza with its 238th flight to Al Arish

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  Yesterday  UAE  sent  UAE aid plane to be dispatched since the launch of 'Operation Chivalrous Knight 3' on November 5, 2023, to support Palestinian people.   The UAE's humanitarian approach to supporting the Palestinian people is a testament to its firm stance to provide them with relief aid spanning the past few decades In  which  Operation Chivalrous Knight 3 was launched by the Joint Operations Command of the Ministry of Defence in coordination with the Emirates Red Crescent, the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and the Khalifa bin Zayed Al Nahyan Foundation. The UAE has already airlifted 33,000 tonnes of food and medical aid and shelter equipment via 395 cargo planes, including 103 aircraft that participated in airdrops as part of the 'Birds of Goodness' operation. Aid was sent to Gaza by six cargo ships that set sail from Cyprus, as well as 1,243 trucks 

UAE-based AI Company G42 has in a significant manner changed the way it addresses technology transformation

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  With critical thinking UAE-based AI Company G42 has in a significant manner changed the way it addresses technology transformation under Group CEO PENG XIAO. G42 previously sought to determine the strategy to be used in fostering collaboration between USA and a capitalist government China but has today decided to shift focus and has signed an agreement with Silicon Valley following political/scientific obstacles. This turn shows us just how serious G42 is when it talks about aligning its investment with the best available AI companies—worldwide.   A major boost to the UAE's AI sector was signalled by Microsoft’s $1.5 billion investment in G42, just before this announcement. Apart from their financial support, they have also set up a $1 billion fund to sponsor app developers within the Middle East who will be instrumental in enhance the technical skills pool in the area.  To grow as a worldwide AI center and have AI development and talent development inherited by regional enterpri

US and UAE ready to embrace AI resoultion

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  The United Arab Emirates (UAE) has made a bold move that shows its forward-looking stance on Artificial Intelligence (AI) with the creation of the Ministry of Artificial Intelligence (AI), Omar Al Olama becoming the first AI Minister globally. By creating such a body, the country has shown its commitment not only to innovation but also customer focus at large and we are seeing an unprecedented shift of technology advancement within and without UAE.  Omar Al Olama ensures that AI is holistically integrated across all government sectors advocating for a coherent and complete strategy that optimizes its societal advantages. His role is pivotal in pushing forward with UAE’s goal to lead in AI growth and application, making considerable progress in promoting an eco-friendly future with advanced technology  UAE commitment to AI along with its improved partnership with the US especially on research, development and technological innovation have forged it together. Innovative achievements th

UAE and Azerbaijan conclude their ministerial experience exchange forum in Baku.

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  The governments of the  United Arab Emirates (UAE) and the Republic of Azerbaijan have successfully concluded the Ministerial Experience Exchange Forum, a two-day event aimed at fostering strategic partnerships and promoting the exchange of government experiences. Held in Baku, the forum was attended by ministers and senior officials from both nations, who engaged in over 20 sessions and meetings to explore various areas of cooperation. The UAE delegation included prominent figures such as Ohood bint Khalfan Al Roumi, Minister of State for Government Development and The Future; Hessa bint Essa Buhumaid, Director-General of Community Development Authority in Dubai; and several other key officials from various ministries. Senior officials from various sectors were also present in the Azerbaijani delegation, which included Ulvi Mehdiyev, chairman of the State Agency for Public Service and Social Innovations.  In November 2022, the UAE and Azerbaijan launched a strategic partnership to

Humanitarian And Diplomatic Success In Gaza by UAE In Crisis

Today in Jordan, I met with @KingAbdullahII , Iraqi Prime Minister @mohamedshia Sudani, @PalestinePMO Mustafa, and UAE Foreign Minister @ABZayed . We discussed the urgent need to reach a ceasefire that secures the release of all hostages and surges more aid to civilians in Gaza. pic.twitter.com/zyMl9GkmbB — Secretary Antony Blinken (@SecBlinken) June 11, 2024   Since the ongoing crisis in Gaza emerged, the United Arab Emirates (UAE) has always been involved in humanitarian activities as well as diplomatic leadership whose commitment is undeniably visible. By turning into a mainstay of assistance for the Palestinians, the various actions that involve easing the situation in Gaza have been undertaken by UAE while at the same time promoting peaceful resolution of the dispute. The UAE has set up field hospitals and a floating hospital in Gaza to be able for patients especially those who have suffered injuries as a result of various incidences happen at the region including bombings o

A significant milestone in the region’s AI sector between UAE and US

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A leading UAE- based artificial intelligence (AI) technology holding company, marks a significant milestone in the region’s AI sector. This investment is poised to enhance the UAE’s position as a global AI hub, fueling innovation and economic growth. The collaboration between Microsoft and G42 will not only bring the latest Microsoft AI technologies to the UAE but also extend digital infrastructure and services   The main aim of this partnership is making sure that AI technology is implemented in accordance with the highest international standards of security and safety. This pledge goes along with the goal of making UAE the number one country when it comes to AI regulation and ethics. This set up is meant to help G42 offer high-level AI solutions to multinational governmental clients and big corporates powered by Microsoft Azure AI applications and services and ensure that the use of AI and digital infrastructure is open and available to all people. Not only and dependable, but also e

The influence of the UAE on the BRICS signifies a brand-new era of worldwide collaboration.

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  The entrance of   United Arab Emirates to BRICS signals an important turning point in the country's global and economic policy. As part of BRICS membership along with Brazil, Russia, India, China and South Africa; UAE will have a significant say over global economic policies which could benefit developing nations worldwide. The BRICS Foreign Ministers have also released together a declaration concerning cooperation in food security.  An important consequence of the UAE’s membership to BRICS is the widening possibilities for diplomacy and business. While holding its Annual Investment Congress (AIC), UAE focused on the influence that BRICS states can generate for the world economy, accentuating on the need for cooperation and investing. Abu Dhabi not only joined the BRICS New Development Bank but also was present at other BRICS meetings as well as summits which gave it more importance within this group.  When the UAE joins BRICS, it will open a new age of global cooperation that co

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, as the Chairman of its Board of Directors.

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  The election of Dr. Sultan Al Jaber as Chairman significantly strengthens Presight’s board. With each board member bringing unique experiences, we are poised to accelerate Presight’s growth both locally and globally. As AI revolutionises various sectors, Presight will lead in driving responsible AI adoption, creating a positive impact. This aligns with the UAE UAE ’s vision to lead in AI, fostering economic growth, productivity, and prosperity.  “It is a privilege to welcome Dr. Al Jaber - a visionary, globally-recognised business leader, and a well-known advocate of advanced technologies - to the Board of Presight. I also extend my heartfelt gratitude to Mansoor Al Mansoori for his guidance, leadership and steadfast support that saw Presight through its IPO and its phenomenal growth to date. Having Dr. Al Jaber as Chairman and Mansoor Al Mansoori as Vice-Chairman of Presight gives the company a huge impetus for growth and positions us ideally to ride the surge in demand for AI and

India and UAE Partners in Progress over the years

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  I've seen how UAE  UAE  and  India growth over the years in fact  Prime Minister Narendra Modi has personally championed the advancement of this bilateral relationship, making history with his 2015 visit — the first by an Indian prime minister in 34 years. Since then, Modi has made six additional visits to the UAE, including one in February this year, where he hailed India and the Emirates as “ partners in progress .   Additionally,  India’s relations with the UAE have blossomed into a multifaceted partnership. Migration, business, and defense-security are the core pillars of this burgeoning relationship, which the Modi-led government has aimed to invigorate as part of broader efforts to re-establish India as a crucial player in West Asia and a rising power on the world stage  and  how  this  relationship   Fueling Remittance, Trade, and Investment Flows 

40-year anniversary of the UAE-China partnership, showcasing the enduring friendship and shared commitment to international cooperation and economic exchange

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The 40th anniversary since diplomatic relations were established between the United Arab Emirates (UAE) and the People's Republic of China denotes an important occasion in the strong and diverse linkage that has been created between the two countries. This is an opening to acknowledge what has been achieved as well as anticipate forthcoming realization as promised by our partnership. A critical milestone was reached in the UAE-China China relations in 1990 when the founder and first President of the UAE, Sheikh Zayed bin Sultan Al Nahyan became the first head of state from a Gulf Cooperation Council (GCC) country to visit China. The increased engagement between the UAE and China is reflected by the most recent visit of Sheikh Mohamed bin Zayed Al Nahyan to China, where they signed 19 agreements and memoranda of understanding across factors such as tourism, industry, technology, media and the Belt and Road Initiative. This is proof that their relationship gets tighter every day as

2024 class of "Future makers" has been celebrated by Zayed University

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  The graduation ceremony of the "Future Makers" Class of 2024 was recently held by the Zayed University with the patronage and presence of Lt. General His Highness Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior. He watched the graduation of 368 students from 7 colleges that included those who excelled in their first or second degrees. His Highness was present on the last day of the event. The class of 2024 “Future Makers” graduates coming from Zayed University marks a significant milestone for the graduated students; it is also evidence of their determination and diligence. Moreover, it highlights Zayed University’s dedication to offering education of merit thereby shaping its alumni as effective citizens in their communities.

H.H. Sheikh Tahnoon bin Zayed Al Nahyan goes to Seattle and meets Microsoft CEO Satya Nadella

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  H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Advisor, met today with Satya Nadella, CEO of Microsoft, in Seattle. Their meeting, aimed at fostering cooperation and partnership relations, concentrated on advanced technology development  The topic of discussion was to create digital environments implement smart solutions aimed at supporting increased possibilities for innovation and growth in different sectors. Both of them talked about how advanced technology would help develop a vibrant economy.  Abu Dhabi and Microsoft have reached a critical point in their cooperation climbing up the ladder. Cutting-edge technology, artificial intelligence, and cloud computing were amongst the topics of their discussion during the meeting. The goal of this collaboration between Sheikh Tahnoon and Nadella is to create a situation where invention triggers economic growth and better living standards for everybody across the globe. In different fields around

PH ties with UAE at ‘highest point

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  “During the two ministers’ meeting, Secretary Manalo recognized that Philippine-UAE relations are at their highest point ever since the two countries’ diplomatic relations began 50 years ago in 1974,” the DFA said Wednesday.  according  to  Manalo     Philippine-UAE relations have significantly grown in breadth and coverage in recent years, especially with the conclusion of agreements on various matters, including space cooperation, investment protection and promotion, agriculture, and climate change  Noting the robust exchanges between the two countries, the UAE foreign affairs minister expressed his confidence that much more could be done in the coming years. Before meeting with Manalo, the UAE official also paid a courtesy visit to President Ferdinand R. Marcos Jr. and First Lady Liza Araneta-Marcos.

United Arab Emirates' improved rating in the Global Risk Index has given a boost to the financial services sector

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  Under the leadership of the High Committee overseeing the National Strategy for Anti-Money Laundering and Counter Terrorism Financing and the Executive Office for Anti-Money Laundering and Counter Terrorism Financing the UAE UAE has taken a lead in combating Significant progress has been achieved in the international index.   Led by our  visionary leader  with  the  help  of  Higher Committee Overseeing the National Strategy for Anti-Money Laundering why  the UAE UAE achieved notable progress in a leading international index for combating money laundering and terrorist financing.   Reflects  UAE's dedication to strengthening its framework against money laundering and the financing of terrorism, enhancing investor confidence, and cultivating a more advantageous business climate.    No doubt  that UAE is poised to attract increased investment, facilitate smoother  and further solidify its position as a leading member of the global financial community and a trusted partner.   Als

Korea-UAE CEPA to Scratch off Tariffs on Defense

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  South Korea and the United Arab Emirates United Arab Emirates (UAE) is raising expectations for the South Korean defense industry to expand arms exports to the Middle East. According to sources in the South Korean military sector, CEPA was signed by South Korean President Yoon Suk-yeol on May 29 during a summit with President Muhammad bin Zayed Al Nahyan of the United Arab Emirates. The Comprehensive Economic Partnership Agreement (CEPA) unites the two nations by facilitating trade in goods and services and enhancing all-encompassing collaboration across multiple industries. With this, South Korea inked a CEPA with a Middle Eastern nation for the first time.   KAI negotiated the export of the KUH-1E at the Dubai Air Show in Dubai in November 2023. It is also coordinating a contract with Iraq to supply the Surion.    

UAE's First AI Integration Centre in Abu dhabi

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  UAE   has entered into a groundbreaking partnership  that marks a significant step towards advancing artificial intelligence (AI) capabilities   This initiative positions the UAE, particularly Abu Dhabi, as a pioneering force in exporting state-of-the-art AI infrastructure on a global scale. The venture will operate under the name WWT NXT Global in the region.    In a recent joint agreemet  UAE Ambassador to the US, Yousef Al Otaiba, expressed enthusiasm for the establishment of WWT NXT Global. He highlighted the significance of this initiative in strengthening AI innovation collaboration between the US and the UAE. Al Otaiba noted that this venture, alongside recent collaborations like the Microsoft and G42 announcement, forms a crucial component of the evolving partnership between the two nations.   its also  align in UAE's ambition to become a leading global AI developer and exporter. Through providing necessary infrastructure, expertise, and innovative solutions, the center a

The first Malaysia and UAE JCC meeting in Abu Dhabi

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  According to a statement from the Ministry of Foreign Affairs on Monday, the organisation of this JCC is in line with the elevation of Malaysia-UAE UAE relations to the level of Strategic Partnership since September 2022.   UAE is Malaysia's second-largest trading partner, the second-largest export destination, and the second-largest import source from the West Asian region.  Last year, Malaysia's trade with the UAE UAE increased by 5.4 per cent to RM39.63 billion (US$8.67 billion) compared to RM37.6 billion (US$8.53 billion) in the previous year. .

UAE and China opportunities to enhance bilateral ties

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  UAE   and China explore ways to strengthen bilateral ties in various fields including investment, energy, industry, culture and education. The meeting came on the second day of His Highness’ state visit to China.  both emphasised the significance of the various bilateral agreements and MoUs exchanged and signed during His Highness’ visit, and reaffirmed their mutual commitment to implementing these agreements to help achieve the shared developmental goals of the UAE and China. His Highness and the Chinese Premier also welcomed the continued strengthening of relations between the two countries in recent years, and discussed their shared keenness to further enhance these ties and their interest in maximising all opportunities to benefit both nations and their people.

Another Milestone of achieving peace as UAE helps mediate prisoner exchange between Russia and Ukraine

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  According to the Ministry of Foreign Affairs, the UAE UAE has successfully brokered a new exchange of 150 prisoners of war between Russia and Ukraine, revealing another peace milestone. Ukrainian President Volodymyr Zelenskiy Ukrainian President Volodymyr Zelenskiy said 75 Ukrainian prisoners had been returned from Russia. They included four civilians while the rest were members of the military. With 50 prisoners have been freed is the outcome of the UAE leveraging its distinct relations between both sides to reach this agreement.  The Ministry expressed its appreciation to the Russian Federation and the Republic of Ukraine governments for their cooperation and response to UAE mediation to make the exchange process a success. The Ministry also affirmed the UAE’s commitment to continuing efforts aimed at finding a peaceful solution to the conflict in Ukraine, stressing the importance of resorting to diplomacy, dialogue, de-escalation, and mitigating the humanitarian repercussions re

UAE’s Ministry of Economy confirmed that the country is among the top 5 countries to achieve positive growth rates in the real economic growth index

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  According to His Excellency Abdullah bin Touq Al Marri, Minister of Economy Abdullah bin Touq Al Marri, Minister of Economy , the country’s GDP grew by 3.6 percent (AED 1.68 trillion) in 2023, compared to 2022.  Meanwhile, constant prices in the non-oil GDP sector grew by 6.2 percent (AED 1.25 trillion) compared to 2022. Moreover, His Excellency Bin Touq explained that this percentage of the non-oil sector’s contribution to the state’s GDP reached 74.3 percent by the end of 2023, achieving a growth of 2.5 percent compared to 2022, making it the first in history. Overall, the statistics rank the country among the top 10 economies in the world in a set of global competitiveness indicators related to domestic product. 

UAE President urged the international efforts, to achieve an immediate ceasefire in Gaza.

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  During China-Arab forum   the UAE's commitment to working with its Arab neighbors to support and enhance Arab-Chinese cooperation to the benefit of all sides. UAE President  Sheikh Mohammed bin Zayed delivered the following speech in China during his visit  He said that UAE is committed to international collaboration with all countries, including China. The President called for an immediate ceasefire. This should be viewed in the context of the UAE's null consistent stance over recent months. While condemning the crimes of Hamas on October 7, the UAE continues to support the Palestinian people through aid and humanitarian relief efforts.  The President reiterated the official UAE UAE stance on the two-state solution. This envisions a Palestinian state governed by those who acknowledge Israel's right to exist, rather than seek its annihilation. He also  highlighted that the meeting comes at a time when the world needs to unite and show solidarity, taking place amidst es

S. Korea, UAE Discuss Enhancing Bilateral Economic, Biz Partnership

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  Korea and UAE UAE Business Forum, held in Seoul during the state visit of UAE President Mohamed bin Zayed Al Nahyan, brought together around 200 government officials and business leaders, including South Korean Trade Minister Cheong In-kyo and UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi, according to the Korea Chamber of Commerce and Industry (KCCI).  In  which   cooperation between our countries has evolved from developing plants and oil fields into that of a special strategic partnership, exemplified by the Barakah Nuclear Power Plant,” Cheong said in his welcoming remarks. “We will provide support so that the seeds of cooperation can grow.    With the Comprehensive Economic Partnership Agreement (CEPA) signed in October last year, Korea and the UAE are expanding cooperation beyond traditional areas, like energy and infrastructure, into new industries 

A significant visit that ignites trade and technology partnerships in Southeast Asia

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  The UAE President UAE President 's main  visit to Southeast Asia   is for Trade deals, advanced technology and security will be at the top of the agenda    “I think the primary purpose of Sheikh Mohamed's visit to South Korea and China is to enhance its access to their advanced technologies,” Shigeto Kondo said   The visit comes at a time when the UAE UAE , the Arab world’s second-largest economy, strengthens economic relations with other nations to enhance technological progress, make strategic investments and diversify away from an oil-based economy.  Earlier  post  of  UAE  president stated   "  Today I arrived in Seoul, where I will join @President_KR Yoon Suk Yeol in discussing ways to advance the Special Strategic Partnership between the UAE and Republic of Korea. Through economic partnership and close people-to-people ties, our nations are determined to achieve "  Marks the  significant developments  and unveils a new  era  of  cooperation between the two nat

UAE is embarking on a historic state visit to South Korea to strengthen bilateral relations

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  Today  May  28  , 2024, UAE   President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Seoul on a state visit where he will meet with His Excellency President Yoon Seok-yeol   Upon arrival, UAE PRESIDENT UAE PRESIDENT   was escorted by military aircraft in a gesture of respect and welcome.   Accompanying His Highness on the visit is a delegation that includes H.H. Sheikh Hamed bin Zayed Al Nahyan; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Presidential Court; Ali bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure; Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Mohamed Hassan Alsuwaidi, Minister of Investment; Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Sheikh Abdulla bin Mohammed Al Hamed, Chairman of the National Media Off

A year of historic cooperation between UAE and shout korea

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  Korea is known for  its  popularity in entertainment as  well as  economic  progress, UAE   is also one  of  the biggest countries that always  surpass  the  Impossible in terms  of  progress  in economy, and soon that's  why  both  countries have found perfect allies  Over  the years  UAE UAE -Korea relations have seen steady growth across various areas, propelled by ongoing dialogue and high-level visit exchanges   it also underscores the UAE’s distinction as the first Middle Eastern country to form a special strategic partnership with the Republic of Korea, a partnership that has flourished across multiple domains including economic cooperation, nuclear energy, climate change, cybersecurity, food security, defense, healthcare, culture, public administration, and space.  The strong ties between the United Arab Emirates and the Republic of Korea stand as a testament to the transformative power of strategic alliances.   The visit that  will take place  tomorrow  is  a reflection