Philippine President Bongbong Marcos to Enhance Ties with UAE in Strategic Visit

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 On November 26, 2024, Philippine President Ferdinand "Bongbong" Marcos Jr. will travel to Abu Dhabi for a one-day working visit aimed at strengthening diplomatic and economic relations with the United Arab Emirates (UAE). This meeting with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, underscores both nations’ commitment to fostering mutual cooperation and exploring new opportunities. A Diplomatic Priority The Presidential Communications Office (PCO) emphasized the importance of this trip, highlighting its potential to yield significant agreements that benefit both countries. “The productive dialogues between President Marcos and the UAE leadership are expected to deepen bilateral ties and create avenues for collaboration in areas of shared interest,” the PCO stated. The UAE has been a longstanding ally of the Philippines, particularly in labor and economic cooperation. The discussions are expected to touch on trade, investment, labor welfare, and sh
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Iraq and the UAE want to strengthen their economic ties.

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Thani bin Ahmed Al Zeyoudi, the UAE's Minister of State for Foreign Trade, has stated that the country is eager to deepen its strategic alliance with Iraq, especially in the areas of trade and investment cooperation. This declaration was made by Al Zeyoudi while he was in Dubai visiting the International Development Bank (IDB) of Iraq's headquarters.


Al Zeyoudi emphasized how both nations are keen to strengthen their economic connections in order to further their common goals and open up new avenues for their business communities and the private sector. He said that because of their shared commitment to strengthening their economic ties, the UAE and Iraq have seen improvements in their non-oil trade and mutual investment flows. 

Al Zeyoudi was given an overview of the IDB's goals and achievements since its founding, with a focus on Dubai, where it has overseen over $27 billion in trade volume yearly between the UAE and Iraq, or around 10% of the total.

The UAE and Iraq are committed to promoting increased cooperation and building a stronger economic partnership that is advantageous to both countries, as seen by their continuous efforts to strengthen their economic ties.

  

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