The Central Bank of the UAE (CBUAE) and the Central Bank of the Republic of Azerbaijan (CBAR) have signed a Memorandum of Understanding (MoU) aimed at boosting cooperation and the exchange of expertise within the financial sector. The agreement was signed in Abu Dhabi by His Excellency Khaled Mohamed Balama, Governor of CBUAE, and His...
The United Arab Emirates (UAE) and Bahrain have initiated the implementation of their bilateral Investment Promotion and Protection Agreement. This agreement officially came into effect on Thursday, May 8, after both countries completed the necessary legal procedures. This pact emphasizes the strong fraternal ties and the growing economic partnership between the two nations. It reaffirms...
Oman and Algeria have taken a significant step towards enhancing their economic partnership by establishing a joint investment fund valued at $300 million. This fund, equally shared between the two nations, was formalized in a memorandum of understanding (MoU) signed by the Oman Investment Authority and Algeria’s Ministry of Finance during His Majesty Sultan of...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan engaged in a phone call with Cyprus President Nikos Christodoulides to discuss enhancing bilateral relations between the two nations. The leaders focused on opportunities for collaboration, especially in the economic and development sectors, aligning with the strategic partnership that has been established between the UAE and...
Peru and Saudi Arabia are working to strengthen their diplomatic and economic cooperation, despite their geographical distance. Elmer Schialer, Peru’s Minister of Foreign Affairs, emphasizes the potential for collaboration rooted in economic complementarity. Both nations share a vision for global integration, aiming to build bridges that enhance their mutual interests. Strategically positioned on the Pacific...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Australian Governor-General Sam Mostyn AC in Abu Dhabi to discuss enhancing bilateral relations. This meeting comes as both countries reaffirm their commitment to deepening cooperation, particularly since the signing of the Comprehensive Economic Partnership Agreement (CEPA) last year. During the discussions held at...
The Department of Government Relations (DGR) in Sharjah hosted an official dinner to enhance economic and trade cooperation with Belgium. The event took place at The Chedi Al Bait Hotel and was attended by Sheikh Fahim Al Qasimi, Chairman of DGR, and Antoine Delcourt, Ambassador of the Kingdom of Belgium to the United Arab Emirates....
Investors from the United Arab Emirates are increasingly looking at India’s dynamic economic landscape for investment opportunities, as highlighted in a recent report by Dubai Chambers during the Dubai-India Business Forum. The report emphasizes that India’s significant economic transformation positions it as a leading global growth center in the coming years. India, which holds the...
Belgium is set to rekindle its economic relationship with Kuwait through an Economic Mission scheduled for April 29–30, 2025. This marks the first visit of its kind since 2002, signaling a significant milestone in the ties between the two nations. The mission, led by the Economic and Commercial Counsellor at the Belgian Embassy in Kuwait,...
ABU DHABI: His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, welcomed Milojko Spajić, the Prime Minister of Montenegro, during his working visit to the United Arab Emirates. The meeting took place at Qasr Al Shati in Abu Dhabi, where Sheikh Mohamed expressed his hopes that this visit would enhance the growing...