27 March 2014

UAE and Malta commit to enhancing bilateral economic cooperation

HE Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, reaffirmed the importance of the economic relations between the United Arab Emirates and the Republic of Malta during the visit of Dr Christian Cardona, Malta’s Minister for Economy, Investment and Small Business to the UAE.

CPI Financial 18/03/2014:  HE Al Mansouri received the visiting delegation at the Emirates Palace Hotel in Abu Dhabi. During the meeting, the two sides expressed interest in collaborating in the small and medium enterprises and the renewable energy sectors to provide further impetus to bilateral economic development.

Commending the synergy achieved to date, HE Al Mansouri pointed out that the openness and flexibility of the two economies make them attractive foreign investment destinations. HE Al Mansouri reiterated the importance of allocating joint economic work teams and the establishment of joint ventures according to a time-bound framework for promoting bilateral investments. Drawing parallels to the growth of the tourism and economic sectors in Malta and the UAE, HE added that the...read on.