UAE and Seychelles Boost Parliamentary Cooperation

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  In a step toward deepening international collaboration, the UAE Parliamentary Friendship Committee recently held a pivotal meeting with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles. The agenda: enhancing parliamentary cooperation and forging stronger bilateral relations between the two nations. The dialogue, marked by mutual respect and shared interests, focused on the importance of inter-parliamentary exchange in fostering diplomatic and developmental ties. Both sides emphasized the need for collaborative approaches to global challenges such as climate change, economic diversification, and sustainable development — issues that resonate deeply with both countries given their strategic geographic locations and shared ambitions. Waven William lauded the UAE’s rapid progress in governance and innovation and expressed interest in learning from the UAE’s successful models of economic and social development. The UAE representa...
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UAE's Economy Set for Strong 6.2% Growth in 2025

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Also read :UAE's Economy Set for Strong 6.2% Growth in 2025


Also read :UAE's Economy Set for Strong 6.2% Growth in 2025
The economy of the UAE is expected to grow significantly. Projections are that it will expand by a strong 6.2% in 2025. The country's strategic investments, diversification efforts, and continued focus on key industries such as energy, finance, and technology contribute to this impressive economic performance. The growth projected for the country underlines the resilience of the UAE and its ability to adapt to global economic shifts while remaining competitive in most sectors.

Also read :UAE's Economy Set for Strong 6.2% Growth in 2025

 

This economic growth is also reflected in corporate performance, especially among the companies within Gulf Capital's portfolio, which showed a phenomenal 29% increase in profitability in 2024. This impressive financial growth reflects the private sector's significant contribution to the overall UAE economy. Businesses of all kinds are enjoying the fruits of good economic policies, higher investor confidence, and continued development initiatives aimed at long-term sustainability.

Also read :UAE's Economy Set for Strong 6.2% Growth in 2025

 

The economy of the UAE is bound to attract even more foreign investments and strengthen its global position in the future as it continues on this trajectory. The nation is still a leading player in the global energy market with a flourishing oil refining industry, led by major players such as Abu Dhabi National Oil Company (ADNOC). Its commitment to innovation and sustainable growth will likely push the country toward further advancements and ensure continued prosperity in the years to come.

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