UAE Honors Space Pioneers for National Contributions on Union Day

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 As part of its Union Day celebrations, the UAE paid tribute to a group of exceptional individuals whose groundbreaking contributions have solidified the nation’s position as a global leader in space exploration. The recognition ceremony highlighted the UAE’s unwavering commitment to scientific advancement and its vision of empowering future generations through pioneering achievements in the space sector. Under the directives of His Highness Sheikh Mohammed bin Zayed Al Nahyan, these individuals were honored for their remarkable efforts in shaping the UAE’s journey in space exploration and inspiring a legacy of innovation. Recognizing National Icons The ceremony celebrated the achievements of several key figures in the UAE’s space sector, whose dedication and innovation have propelled the nation into the global spotlight: First Class Space Medal: Awarded to astronauts Sultan Al Neyadi and Hazza Al Mansouri. Sultan Al Neyadi captured global attention with his six-month mission aboar...
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The UAE’s foreign trade has achieved a new milestone

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The United Arab Emirates (UAE) has emerged as a worldwide economic powerhouse, with non-oil foreign trade expected to hit a record high of Dh3.5 trillion ($953 billion) by 2023. This success is the consequence of the UAE's tireless efforts to diversify its economy and form strategic alliances around the world.

The UAE has inked Comprehensive Economic Partnership Agreements (Cepas) with numerous nations, including India, Turkey, and Indonesia, as part of efforts to reduce its reliance on hydrocarbons. These agreements have been crucial in increasing the country's trade volumes and attracting international investment.  

Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, stressed the importance of these ties, stating that the UAE's non-oil foreign trade with Cepa partners will top Dh390.5 billion in 2023, a 24.5% increase over the previous year.

The UAE's achievement in growing its trade network demonstrates its role as a worldwide trading hub, as well as its dedication to fostering innovation and sophisticated technology. With a target of Dh4 trillion in non-oil commerce by 2031, the UAE is paving the road for long-term economic growth and prosperity, both domestically and globally.

  

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