iPhone | iPad
Android
Huawei
The country houses 116,500 millionaires, 308 centi-millionaires with $100 million in wealth, and 20 billionaires, according to Henley and Partners
KT APPDOWNLOAD
UAE and Luxembourg to strengthen trade ties
ABU DHABI, UAE - The UAE and Luxembourg, today, discussed measures to strengthen bi-lateral trade relations and co-operation across key economic sectors.
The two sides discussed initiatives to strengthen the relations at a meeting between the UAE Minister of Economy Sultan Bin Saeed Al Mansoori and HRH Prince Guillaume Jean Joseph Marie, Crown Prince of Luxembourg, accompanied by Jano Jeannot, Minister of Economy and Foreign Trade, and a high-level delegation in Abu Dhabi.
The two sides also discussed the Eurozone crisis and its potential impact on global economies. Al Mansoori emphasised that the UAE is firmly positioned to address any fluctuations in the global economy, and will continue to focus on its growth strategies.
Al Mansoori said that the UAE is today a preferred investment destination, led by its open-door policies, economic diversification and stable growth environment. He also underlined the UAE’s commitment to strengthen economic co-operation frameworks with Luxembourg and promote trade, investments and partnerships in alternative energy and industry.
HRH Prince Guillaume congratulated the UAE’s success regionally and internationally, and said that the country serves as a gateway for European nations and the rest of the world to reach out the wider markets in the Middle East. He praised the development model that focuses on economic diversification and the country’s focus on sustainable development, especially renewable energy, citing that Masdar City is a model for the rest of world.
Both sides agreed to strengthen co-operation in the areas of alternative energy and sustainable development by hosting joint meetings of specialized teams from both countries to identify areas of potential partnerships. They also stressed the importance of strengthening partnership across both the public and private sectors.
They reviewed regional events and their impact on the economies of the Middle East, and agreed on the importance of unifying efforts to build partnerships and strategic cooperation to overcome potential challenges.
On trade exchange, the two parties stressed the need to enhance trade through delegations to explore investment opportunities in the two countries in industry, energy and renewable energy.
They also reiterated the need to exchange information on regulatory policies that stimulate investment in both countries and agreed to strengthen exchange of information regarding the investment climate.
More news from
Home furniture and electrical or electronic waste disposal requests can be made; here's how
It will now be known as Hafeet Rail — derived from the railway's scenic route from the desert to mountainous regions, running alongside Jebel Hafeet
With their luggage missing, the youngsters entered the competition without their UAE jerseys - but what they didn't lack was the motivation to perform for the country
Apex court asked the lawyers to provide a copy of the apology advertisements without enlarging them, emphasising they should not need a microscope to read it
The yellow metal is supported by a revival in demand from Chinese consumers and healthy purchasing activity by central banks, expert says
The Lives and Livelihoods Fund is the largest multilateral fund of its kind in the Middle East
Stock market opened with modest gain on Wednesday marking third consecutive session in the upward gain
