Global Slick

  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

  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. 

  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

  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 

  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

  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

  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

  As this  May  Sheikh Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office (NMO) and Chairman of the UAE UAE Media Council, discussed with ZHU Yonglei, Vice Minister of the National Radio and Television Administration of People's Republic of China (NRTA), ways of strengthening cooperation mechanisms and sharing expertise in different media sector  This relationship, characterised by diversity and depth, is driven by a strong political will reflected in mutual visits between the leadership of the two countries and their commitment to deepening relations, cooperation, coordination, and the exchange of visions  Both  countries  desire to establish a distinguished model of cooperation and media partnership that would contribute to enriching the media landscape in both countries.  Including cooperation in the field of artificial intelligence (AI) in the media sector and keeping up with the latest media technology and global changes.  Sheikh Abdulla bin Mohamm

  The report shows the growth and prosperity of digital trade activities in the  UAE at a compound annual growth rate of 12.3 percent between 2023 and 2028.   Introducing Trade by Modern Technological Means: Economic Outlook and Federal Decree-Law No. 14/2023 - BEI Research 360° Paper", showed that digital trade in Abu Dhabi Abu Dhabi is witnessing remarkable growth. This comes in light of the ambitious visions and plans of ADCCI to enhance the private sector’s contribution to the local economy through innovation and digitisation, and to strengthen the position of the Emirate of Abu Dhabi as a leading destination for business and talent in the Middle East and North Africa (MENA) region by 2025.  The new research paper produced in collaboration with the Ministry of Economy serves to strengthen the Chamber’s position as a leading partner in the process of digital transformation in the business world. It aligns with the Chamber’s strategy for digital transformation, aimed at attract

  A  joint agreement between UAE  and Mauritius will deepen cooperation across water, energy and sanitation sectors. The virtual signing yesterday saw the participation of high-ranking officials, including ministers Suhail Bin Mohammed Al-Mazrouei from the UAE and Georges Pierre Lesjongard from Mauritius.  Mauritius’s commitment to renewable energy development, Minister Al Mazrouei affirmed the UAE’s readiness to support the nation’s energy transition and sustainable development agenda fostering government-to-government partnerships and facilitating private sector investments in key sectors.  As this agreement marks a significant step in expanding the collaboration between the two countries, covering a wide array of sectors such as energy, renewable energy, hydrogen and its derivatives, and energy efficiency. Further areas of collaboration include liquefied natural gas, water management, desalination, and the application of digital technology in wastewater treatment and sanitation. 

  Over the years  Kurdistan Region and the UAE enjoy strong economic ties, with Kurdish officials frequently visiting the country, especially during special events.  The visit will take place at a high level and the Kurdistan Region President will meet with the president of the UAE ” Dilshad Shahab told reporters in Erbil on Thursday.    The  visit    focused on enhancing UAE-Iraq relations and explored exciting opportunities to boost trade and investment between the Kurdistan Region-UAE,

  UAE' s rising reputation in the global tech world is gradually helping in “overcoming the traditional scepticism associated with early-stage tech adoption infact  Microsoft's investment in G42, which will further boost the latter's global expansion plans, includes the creation of a $1 billion fund to support developers that is aimed at enhancing the Middle East's technology talent pool – a key component that can help the UAE become a global AI hub.    The partnership between G42 and Microsoft is expected to benefit the UAE and the region by providing access to advanced generative AI capabilities, expanding data centre infrastructure, supporting the development of a skilled AI workforce, driving innovation and competitiveness for businesses and positioning the UAE as a leader in AI technology  In which   with combine world-class technology with world-leading standards for safe, trusted and responsible AI, in close co-ordination with the governments of both the UAE and

  This  year  the the    prime minister will meet UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi     Sharif’s visit comes amid a flurry of high-level engagements in recent weeks, with business and diplomatic delegations from Saudi Arabia, Qatar, Japan and Uzbekistan arriving in Pakistan to explore investment opportunities in the country’s key economic sectors. Reeling from high inflation, low forex reserves, and an unstable currency, the prime minister has vowed to steer Pakistan out of its prolonged economic crisis by enhancing bilateral trade with allies and attracting more international investment.   UAE is Pakistan’s third-largest trading partner, after China and the United States. Policymakers in Pakistan consider the Gulf state an optimal export destination due to its geographical proximity, which minimizes transportation and freight costs while facilitating commercial transactions.

  The "Single-Use Plastic Policy" of EAD was introduced in 2020.    Styrofoam is a type of plastic called expanded polystyrene, and it has a range of uses. As part of the ban, Abu Dhabi is targeting avoidable, single-use consumer products.  the banned products comprise cups, lids, plates and beverage containers (including caps and lids) made of expanded polystyrene. In addition, food container receptacles for products that are intended for immediate consumption, either on the spot or for takeaway, or containers that have a product that is typically consumed from the receptacle and is ready to be consumed without any further preparation such as cooking, boiling or heating, will also be prohibited. "We are striving to make life easy for consumers while maintaining the balance of conserving the environment simultaneously; therefore, for the ban, we have only selected items that are avoidable single-use plastics and have clear and sustainable alternatives. We will also pro

  On Sunday    UAE aid shipment carrying 252 tons of food arrived in Gaza bound for the north of the enclave  Emirati Minister of State for International Cooperation Reem Al-Hashimy said that the food supplies will be delivered and distributed in collaboration with international partners and humanitarian organizations, as part of the UAE’s efforts to provide relief and address the humanitarian crisis in the Gaza Strip.  Since the war began in October, the UAE has delivered more than 32,000 tons of urgent humanitarian supplies, including food, relief and medical supplies, via 260 flights, 49 airdrops and 1,243 trucks.

  Such good opportunities to enhance trade and investment ties between the UAE and Benin were discussed across different fields, including artificial intelligence, fisheries, agriculture, infrastructure, as well as energy and metals   UAE’s commitment to strengthening economic cooperation and partnerships across the African continent, an official business delegation visit was organised to Benin   These  delegation included representatives from the Ministry of Foreign Affairs, FCCI, Edge Group and E20.

On  wednesday  UAE  has launched a special 10-year 'Blue Residency' visa for individuals who have made expectational contributions towards the protection of the environment such  a significant move towards promoting sustainability and environmental protection  "In line with the national directives directed by the UAE President to designate 2024 as the year of sustainability in the UAE, we introduced the ‘Blue Residency’, a 10-year residency granted to individuals who have made extraordinary contributions to environment protection, whether in marine life, land-based ecosystems, or air quality, sustainability technologies, the circular economy, or related fields," UAE leaders  said  on wednesday   He  added  that  Blue Residency visa is a special permit for those who have made exceptional contributions towards various environmental fields, including marine life, land-based ecosystems, air quality, sustainability technologies, the circular economy and other fields.  How 

  During the call, His Highness shared his deepest condolences and sympathies with the President and the people of Brazil, as well as with the families of the recent flood victims in the country. He also wished a speedy recovery to those who were injured. His Highness made sure that urgent relief aid from the UAE was sent to help those affected by the flooding and heavy rains in Brazil  President Lula thanked His Highness and expressed his appreciation for the kind sentiments towards Brazil and its people. He also offered his condolences to His Highness and the Al Nahyan family on the recent passing of Sheikh Hazza bin Sultan bin Zayed Al Nahyan. 

  The UAE boosted its investments in China  by 120 per cent last year, accounting for “90 per cent of Arab countries' investments in China”, Mr Zhang said. The UAE was ranked  as the third-largest FDI market globally in terms of project activity in 2023, moving up from fourth the previous year, according to the latest report by data and analytics company GlobalData. China and the UAE signed a memorandum of understanding in 2015 that paved the way for high-level education partnerships. In 2019, China AI giant SenseTime signed a deal with Abu Dhabi to base its regional research and development headquarters in the emirate, to create hundreds of jobs. In  this   UAE and China are expected to continue to boost their investment co-operation in sectors including manufacturing, new energy and financial services, Tony Dong, chief representative of Sino International Entrepreneurs Federation, 

  On Thursday  Khalifa Shaheen Al Marar, Minister of State, led the UAE delegation to preparatory meetings of the 33rd ordinary session of the Arab League Summit  the preparatory meeting for foreign ministers was held in Bahrain’s capital, Manama, during which ministers agreed on a draft agenda for the summit, as well as draft resolutions, and several documents of relevance that will be presented to leaders. On Monday, Arab ministers of economy held a preparatory meeting for the Economic and Social Council, and submitted draft resolutions in relation to the economic and social cooperation initiatives that will be presented to leaders on Thursday for approval

  ERC launched a new phase of its development projects for those affected by the earthquake in Syria's Latakia Governorate.   UAE Ambassador to Syria; Amer Ismail Hilal, Governor of Latakia; and several Syrian officials. These projects included an irrigation project in the village of Al-Musheirfeh, which falls under the Wadi Al-Qalaa municipality in Jableh. The project irrigates 660 dunums of agricultural land and provides a sustainable water supply, benefiting over 3,500 people working in agriculture. The projects also include solar-powered water tanks and livestock breeding projects.  “The projects we are inaugurating today represent a new phase and a transitional shift in the ERC's efforts to support the Syrian people. They embody the ERC's vision to boost sustainability and empower affected families by providing them with means of production that compensate them for what they lost during the disaster, help them meet their basic needs, and reach self-sufficiency,” he e

  This year both organizations will collaborate on increasing awareness within the UAE and India regarding the significant potential of the bilateral economic partnership, highlighting opportunities for UAE and Indian companies to leverage the UAE -India Cepa, and mobilising key UAE and Indian private sector stakeholders to support increased economic, investment, and trade engagement between the two nations.  Abdulnasser Alshaal said that " This collaboration presents a valuable opportunity to further fortify the economic ties between the UAE and India. We are committed to fostering an environment conducive to mutual investments, technological collaborations, and people-to-people exchanges.”   This collaboration presents a valuable opportunity to further fortify the economic ties between the UAE and India  both  countries committed to fostering an environment conducive to mutual investments, technological collaborations, and people-to-people exchanges

  ADNOC Drilling has signed a term sheet to enter into a strategic partnership with Schlumberger Middle East SA (SLB) and Patterson-UTI International Holdings, Inc. (Patterson-UTI) subject to signing definitive agreements and any necessary regulatory approvals. The new company will be primarily engaged in unconventional drilling operations.   Our goal at ADNOC is to provide the energy and energy products that people depend on every day to power their lives and ensure a just, orderly and equitable energy transition. This award will accelerate the development of Abu Dhabi's world-class resources to meet the world's growing demand for affordable, accessible energy.  Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director and Vice Chairman of ADNOC Drilling said  

  At a recent  UN  general assembly   The Ambassador of the United Arab Emirates , in his capacity as Chairman of the Arab Group, called on members of the General Assembly to vote in favor of a draft resolution supporting Palestine's application for membership in the United Nations and granting it additional privileges. By a majority of 143 votes, the United Nations General Assembly adopted a resolution supporting Palestine’s application for full membership in the United Nations, and recommending that the Security Council reconsider the application. It also identifies ways to implement additional rights and privileges related to Palestine's participation in the United Nations.   The resolution, submitted by the Arab Group and a number of other countries, determines that the State of Palestine qualifies for membership in the United Nations in accordance with Article 4 of the UN Charter and “should therefore be accepted as a member” of the organization. It recommends that the Se

  Both nations  reviewed UAE and Serbia ties and their comprehensive strategic partnership and explored avenues for further development to achieve the shared interests of the two countries and their peoples   And  stressing the depth of the friendship relations between the two countries.  He also expressed his aspirations to work with the Serbian Foreign Affairs Minister to bolster bilateral cooperation within the framework of the comprehensive strategic partnership between the UAE and the Republic of Serbia.  The two minister discussed a number of topics and issues of mutual interest.

  UAE   and  Turkey  diplomats discussed the dangerous developments in the Middle East region and the efforts of the international community to reach a sustainable ceasefire and strengthen the humanitarian response to the needs of civilians in the Gaza Strip.  emphasised the critical importance of close collaboration to ensure uninterrupted and ample humanitarian assistance for civilians in the Gaza Strip, while redoubling efforts to mitigate the suffering of the brotherly people of Palestine. “This significant development in non-oil trade exchange is the result of the Comprehensive Economic Partnership Agreement signed by the two countries on March 3, 2023, which entered into force on September 1st of the same year,” Sheikh Abdullah said, stressing on the importance of continuing joint work to further strengthen relations of cooperation and partnership in all fields. The   the two countries enjoy strong and growing relations and are looking forward to establishing advanced and prosper

  This  2024  , UAE have built a gateway to growth  023 FDI Confidence Index for emerging markets, the UAE ranks 3rd globally  and 1st in MENA. Investors recognize that our global mindset, dynamic ecosystem and future readiness generate long-term results.  “The UAE is just one of those places where it's almost a real safe haven for investors, and investors continue to come,” Glenn Barklie said  “In FDI, there's a big domino effect, a couple of companies come in, they're seen as successful, other companies think 'I'm going to come in and get a piece of the pie as well'. He cited increased project activity in Abu Dhabi, adding “and then you have Dubai which is the leading destination city globally and has been since 2021”.   UAE strategy with innovation at its core for a long time, attracting the right companies and building clusters  As many  professional even  billioners  wanted  to setup thier  businesse  in UAE  like  Business and professional services, softw

A very important day today at #EEC2024 . In the morning I attended a meeting of the UAE and polish delegations led by H.E. Rashed Abdulkarim Al Blooshi - Undersecretary of Abu Dhabi Department of Economic Development and Deputy Minister of @MRiTGOVPL Mr @ignacyn discussing… pic.twitter.com/Giaja8HRS2 — Żukowski (@zukowskimichal) May 8, 2024   On Tuesday a large delegation of representatives from the UAE, which is the second largest economy in the Arab world after Saudi Arabia, arrived in Katowice, where the European Economic Congress has been underway  The Polish Ambassador to the UAE highlighted significant investments that underscore the robust economic ties between Poland and the UAE. These include the establishment of the first logistics center in Central and Eastern Europe by the Emirati retail giant LuLu Group, and the expansion of Polish luxury yacht builder Sunreef Yachts, which opened a new shipyard in the UAE. In fact   The Polish government’s figures show that  mutual

  This  May  6   Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, serves as first vice chairman of the council, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, serves as second vice chairman.  As  the   Dubai Council aims to formulate and develop the emirate’s future development agenda to support its  global competitiveness  and enhance its leadership and attractiveness. Hence, it will launch major qualitative projects and transformational initiatives. Through these initiatives, the council seeks to provide the best quality of life for citizens, residents and visitors.

  According to  Abdulla bin Touq Al Marri UAE  economy  7% annual GDP growth is his personal target, but that 4.9% non-oil growth is possible in 2024.  The International Monetary Fund (IMF) and the World Bank expected the UAE’ s GDP to grow at 4.2% in 2024 he said, adding, it was possible that there may be 4.9% growth in non-oil GDP. “When I said it, I said I want to do 7% per year, a year I get it, a year I don’t. It depends on the economy, what’s really happening in the economy globally,” Al Marri told the summit. “We are looking at 4-5% this year, maybe 5% GDP growth, that’s something we are eying,” he said.   Also UAE Growth from traditional economies such as real estate and tourism to new types of tourism, such as sustainable tourism, health tech, we’re looking into AI, generative AI, the UAE is becoming the capital of AI. I must  say  UAE's diversified economy ensures a bright and resilient future. 

  On Monday  Formal negotiations have been announced to create a Free Trade Agreement between New Zealand and the United Arab Emirates.     The agreement will be officially named the Comprehensive Economic Partnership Agreement (CEPA). The details of deal are still to be worked out in negotiations, but are aimed to give New Zealand better access to almost 10 million people in one of the richest countries in the world, made up of seven emirates dominated by Dubai and Abu Dhabi.  But this policy has eased more recently, since NZ exports have poured in anyway, reaching $1.9bn in the most recent figures. At the same time, GCC countries sold NZ $2.9bn worth of goods, mainly petroleum products. 

  This  year UAE Minister of Investments, Mohamed Hassan Alsuwaidi, lauded the proactive stance of the Ministry of Digital Technologies in propelling collaborative initiatives and expressed keen interest in leveraging synergies to bolster mutual cooperation.  Also   underscored the pertinence of the proposals put forth by Mohamed Hassan Alsuwaidi. Emphasizing the significance of fostering close collaboration in these pivotal domains, Minister Shermatov articulated a vision for mutual growth and technological advancement.   Truly   a new era of technological cooperation between Uzbekistan and the United Arab Emirates. 

  Earlier  this  may  UAE   and  Uzbekistan  explore opportunities for new data centres, which would provide cloud, AI solutions to private and government entities.   The memorandum was signed by Mohamed Hassan Alsuwaidi, Minister of Investment, and Sherzod Shermatov, Minister of Digital Technologies of the Republic of Uzbekistan.  Seeks to attract major cloud service providers to the country, assess the potential for super-computer projects, explore the development of language models specific to Uzbekistan, and establish a local talent ecosystem for AI and computing, apart from facilitating strong and effective collaboration between the public and private sectors in the two nations.  Infact  investment opportunities for UAE-based companies to tap into Uzbekistan's vast potential, leveraging our country's strategic location and favorable business environment. as  both  countries provide  new avenues for growth, innovation, and economic development, positioning Uzbekistan as a

       To assist families affected by the devastating  floods  that have recently swept across the country  Kenya has received a substantial donation of relief aid from the United Arab Emirates     The aid, which began arriving in the country yesterday, is a crucial lifeline for many families who have been displaced or are struggling due to the floods.  The relief items include essential supplies such as sugar, rice, tomato paste, milk powder, salt, and wheat flour. The donation comes as a significant relief for the affected families, many of whom have lost their homes and livelihoods due to the floods. As the relief efforts continue, authorities urge Kenyans to stay safe and heed government alerts to ensure their well-being.  UAE demonstrating the spirit of unity and compassion in the face of adversity.

  A wam reported  a   UAE aid convoy entered the Gaza Strip on Wednesday via Egypt’s Rafah Crossing Point as a part of the country’s “Operation Chivalrous Knight 3” project to support the Palestinian people.  As of May 1, 2024, the UAE has now provided the Palestinians 22,436 tonnes of aid, which has included the deployment of 220 cargo planes and three cargo ships. The goods pass through Al-Arish Port and the Rafah crossing into Gaza. These efforts are a part of the “Birds of Goodness” operation, which involves aerial drops of humanitarian supplies. By Wednesday, 43 drops have been conducted, delivering a total of 3,000 tonnes of food and relief materials to inaccessible and isolated areas in Gaza.  Such a truly  Memorable act  to help  People  

Earlier today, Foreign Secretary Vinay Kwatra held a meeting with Minister Reem Ebrahim Al Hashimy and discussed ways to further deepen the Comprehensive Strategic Partnership between the two nations.  "Delighted to meet UAE Minister of State for International Cooperation Reem Al Hashimy. Discussed further steps in our Comprehensive Strategic Partnership. Also exchanged perspectives on the regional and global situation."  EAM Jaishankar  posted  in X  In the last 10 years, the perception about India has changed in the UAE. They signed a free trade agreement with us and today the trade with the UAE has reached about 80 billion dollars.  In fact  last  2022  India and the United Arab Emirates signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to USD 100 billion over the next five years, according to a Ministry of Commerce and Industry press release. The deal was signed during the virtual summit meeting

  The positive nature of  UAE and Kuwait relations, reflects the shared determination of both leaderships to catalyze growth and support each other’s economic development.  As both counties  enjoy a long-term economic partnership and this visit is an important opportunity to both restate its value and seek to increase private-sector collaboration in priority sectors. The UAE Companies Investment Meet provides a key platform to build the networks, and identify the opportunities, that can deliver mutually beneficial results in the months and years to come     UAE is the 3rd largest investor in Kuwait’s economy accounting for 6% of total investments in 2022 at a value of more than AED3.3 billion. In turn, Kuwait is the tenth largest investor in the UAE with a total investment value of AED13.2 billion by the close of 2021.  His Excellency Abdullah Al Jawaan welcomed the UAE delegation, and said in a statement that the growth of bilateral trade between the two countries refl ected the stre