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Showing posts with the label UAE Investment

UAE and UN Economic Commission for Africa Discuss Collaborative Development Initiatives

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  Minister of State, Shakhboot bin Nahyan, recently convened a crucial meeting with Claver Gatete, Executive Secretary of the United Nations Economic Commission for Africa, at the Ministry of Foreign Affairs in Abu Dhabi. Throughout the discussions, Sheikh Shakhboot and Gatete explored diverse areas of mutual concern, highlighting the UAE's enduring commitment to fostering strategic alliances for the betterment of global economic landscapes.  As the discussions unfolded, both parties reiterated the importance of collaborative efforts in advancing economic agendas, particularly focusing on the promotion of infrastructure development across Africa. Through strategic partnerships and concerted efforts, the UAE aims to contribute to the socioeconomic advancement of Africa, aligning with its broader vision of promoting global economic prosperity and fostering inclusive growth. This meeting heralds a promising chapter in the relationship between the UAE and Africa, promising to elev...

Kazakhstan Seizes Growth Opportunities through UAE Investment

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  Kazakhstan's Minister of economic and Integration, Arman Shakkaliyev, emphasized the bright future for bilateral economic relations between Kazakhstan and the United Arab Emirates during the recent World Investment Forum held in Abu Dhabi. Shakkaliyev underlined the importance of Central Asia as a hub for agriculture and said that investment from the UAE is essential to Kazakhstan's growth plan. The minister announced bold intentions to increase bilateral trade to $1 billion, with an emphasis on partnerships in the areas of environmental, social, and governance (ESG) and climate change. Shakkaliyev revealed Kazakhstan's plans for new trade routes that would connect the Caspian Sea to the ports of Abu Dhabi and Dubai in an effort to promote economic development. By positioning Central Asia as a significant agricultural hub, these routes hope to create new prospects for opening up regional markets. Competitiveness, favorable investor conditions, and luring investments in e...