middle-east-news

Forum to highlight UAE's global investments

Abu Dhabi, Jan 1 : The ministry of economy of the United Arab Emirates (UAE) will organise a forum Jan 14 to highlight the success of more than 130 UAE companies that have operations and investments abroad.


"The UAE foreign investments have gained global reputation for achieving geographical and sectoral diversity and strengthening the global economy by creating employment opportunities in developing and developed countries," Minister of Economy Sultan bin Saeed Al Mansouri said.

He added that the policies and government support to entrepreneurs have contributed to the emergence of regional suppliers with global ambitions. "This has enabled companies from the UAE to have their presence in more than 100 countries around the world."

He said the UAE's share of foreign direct investment abroad amounted to 34 percent of the total investment of the region. The cumulative value of UAE's investment abroad is about 350 billion UAE dirham, according to UNCTAD.

The first Highflyers Forum will be held under the patronage of UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum.

--IANS (Posted on 02-01-2014)

middle-east-news headlines

Iran to uphold nuclear achievements: Cleric

Gaza: UN calls for end to Israeli blockade

Half-Saudi children will enjoy same rights as Saudis

Indian jumps to death in Sharjah

36 killed, 53 wounded in Iraq violence

Egypt court bans Muslim Brotherhood members from running in polls

'Middle East dependent on Asian oil demand'

Saudi king replaces intelligence chief

Indian woman jailed in Oman for husband's murder to be freed, deported

MERS under control, says Saudi Arabia

Indian among four charged for negligence in restuarant blast

Indians accused of drugging, robbing employer

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top