Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Stability, economic growth help bring business to UAE  Join our daily free Newsletter

MENAFN - Khaleej Times - 18/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Political stability, economic growth and a balanced foreign policy are key incentives for the world's leading businesses to establish their regional offices in the UAE, said Shaikh Abdullah bin Zayed Al Nahyan, Foreign Minister of the UAE.

Speaking at the second annual reception at the Ministry of Foreign Affairs (MoFA), for the nation's top business executives, government officials and diplomats, the foreign minister said that the government attaches great importance to national companies with investments abroad. He asked the private sector to explore investment opportunities in emerging economies especially in Africa, South America, the Caribbean and East Asian countries.

"The coming years are very important to us in sustaining and maintaining our national achievements and in expanding the role played by the foreign, economic and investment policies in the global economy," he said. Shaikh Abdullah said that the UAE ambassadors have been directed to ease all obstacles that could face investors willing to open businesses in the UAE. He underlined the achievements made by the UAE this year, including ranking 33rd in the world in the Ease of Doing Business survey by the IFC.

Shaikh Abdullah said that Dubai winning the bid to host Expo 2020 after a stiff competition was a result of the world's confidence in the UAE and its economy. In the Global Competitiveness Report for 2013-2014, the UAE advanced five positions in the competitiveness of its economy in one year, from 24th position last year to the 19th this year. On the federal government's strategy to boost national economy, Shaikh Abdullah said the economic sector at the Ministry of Foreign Affairs had adopted plans to support the country's investments abroad and to explore investment opportunities in emerging markets.

"The UAE seeks to enhance its economic competitiveness by diversifying its resources and by building a knowledge-based economy, driven by research and development to make the UAE a hub for smart economy in the region," he said. He added that the country's active diplomacy helped achieve significant progress in addressing issues like dumping, high customs tariffs, taxes, restrictions on capital transfer and on national carrier flights.

Shaikh Abdullah said the UAE was supporting the Egyptian government's efforts to support its economy and to facilitate investment there. The foreign minister pointed out that the recent GCC-Egyptian investment forum in Cairo, co-hosted by the UAE and Egypt, had achieved a positive outcome in attracting more GCC investments in Egypt.

 


Khaleej Times




  MENA News Headlines
 May 25 2015 - Syria: Opposition forces kill 15 Assad regime soldiersThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Syrian opposition forces have killed 15 regime troops in operations in Aleppo, in northern Syria, the opposition said.The spokesman of what is referred to as ...

 May 25 2015 - Jordan calls for 'serious' Palestinian-Israeli talksThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Jordan called on Sunday for launching "serious" and "effective" negotiations between the Palestinians and the Israelis.Foreign Minister Nasser Judeh said the ...

 May 25 2015 - Libya pro-Brotherhood figures to attend Cairo meetingThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Some pro-Muslim Brotherhood figures from Libya will attend a Libyan tribal leaders' meeting scheduled to start in Cairo on Monday, an Egyptian newspaper ...

 May 25 2015 - Kuwaiti Singer Al-Rowaished HonoredArab Times
(MENAFN - Arab Times) Minister of Information and Minister of State for Youth Affairs Sheikh Salman Sabah Al-Salem Al-Humoud Al-Sabah honored Sunday singer Abdullah Al- Rowaished for acquiring an ...

 May 25 2015 - General Assembly Members Of Qadisiya Club Honors Team For Winning Amir CupArab Times
(MENAFN - Arab Times) General Assembly members of Qadisiya Club Saoud Abdul Aziz Al-Babtain and Mohammad Abdul Aziz Al-Babtain organized a ceremony in honor of the number one football team in ...

 May 25 2015 - ALARGAN Posts KD 4.7mn Net Profit In 2014Arab Times
(MENAFN - Arab Times) ALARGAN International Real Estate Company held its ordinary General Assembly meeting on May 24, 2015, with an attendance level that reached 94.51 %. During the meeting, the ...

 May 25 2015 - KSE Kicks Off Week With 21.18 Pts DropArab Times
(MENAFN - Arab Times) Kuwait stocks pulled lower on Sunday after ending the previous week on dull note. The main index dropped 21.18 pts in lackluster trade to close at 631.09 pts as sentiment ...

 May 25 2015 - Kuwait Govt Woos Investors With Lucrative Business EnvironmentArab Times
(MENAFN - Arab Times) Kuwait has a lucrative business environment for foreign investors to ultimately see economic and human development, thus honoring His Highness the Amir Sheikh Sabah Al-Ahmad ...

 May 25 2015 - Jordan- Govts Need To Invest More In Infrastructure: AlghanimArab Times
(MENAFN - Arab Times) Bring more Arab women into the workforce, invest in "bite-sized" infrastructure projects and get the private sector more involved in training young job seekers - these are the ...

 May 25 2015 - Shabaab Fighting In Somalia Kills 24 PeopleArab Times
(MENAFN - Arab Times) Fighting in south Somalia between al Shabaab militants and government forces killed at least 24 people, while a rebel attack in the capital killed three Transport Ministry ...

more...


 






Google

Internatinal Property Show

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help