Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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UAE was ranked as the third-largest foreign direct investment market globally in terms of project activity in 2023

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UAE

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

Also read :A year of historic cooperation between UAE and shout korea

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 

Also read :This year UAE and China is building on the strong strategic ties in terms of enhancing cooperation in media sector

“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 

Also read :12.3% growth in UAE's digital trade

As many  professional even  billioners  wanted  to setup thier  businesse  in UAE  like  Business and professional services, software and IT services, financial services, tourism, logistics, construction and real estate were among sectors that attracted foreign investment in the Middle East. 


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