GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal and Humanity

 
  Share

His Excellency Engr. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, stressed on the importance of enhancing the channels of cooperation between the UAE and Malaysia, especially in terms of trade and investment. Minister Al Mansoori shared that the significance of strengthening these ties is reflected in the key interest placed by UAE and Malaysian companies, as well as their respective government and economic institutions, participating in the UAE-Malaysian Business and Investment Forum currently being held in Kuala Lumpur in Malaysia.     

Discussions were held during Minister Al Mansoori's meeting with H.E. Y.B Dato Sri Mustapa Mohamed, Malaysian Minister of International Trade and Industry (MITI), on ways to help further enhance bilateral relations between the two countries and how to move these ties towards higher levels.

During the meeting, H.E. Al Mansoori shared that UAE-Malaysian Business and Investment Forum reflects the strong relations between the two countries and expressed confidence in entering into a new phase of mutual work based on the move to enhance bilateral partnership.

For his part, H.E. Y.B Dato Sri Mustapa Mohamed emphasized on the importance of the UAE's economic significance in the Middle East in light of its many achievements and inclusion across leading indices that witnessed the appreciation of the international community. The Malaysian Minister also praised the UAE leadership's continuing interest in enhancing the role of innovation and the realization of visions of development that serve the objectives of sustainable development.

The meeting also covered key talks on the further enhancement of various fields of economic cooperation, which included a review of the forum's agenda; ways on how to support and provide essential facilities to investment entities and institutions in the UAE and Malaysia; and the establishment of joint ventures, particularly in the fields of innovation, modern technology, Halal industry, renewable energy and small and medium-sized enterprises (SMEs).

The meeting was also attended by H.E. Abdullah Bin Ahmed Al Saleh, Undersecretary for Foreign Trade Affairs; H.E. Khalid Ghanim Al Ghaith, UAE Ambassador to Malaysia and Mohammed Hamdan Al Zaabi, Director of Commercial Promotion Department, Ministry of Economy.

H.E Sultan bin Saeed Al Mansoori witnessed the signing of a strategic Memorandum of Understanding (MoU) between the Abu Dhabi Chamber of Commerce and Industry and the Chinese Chamber of Commerce and Industry in Kuala Lumpur and Selangor, which aims to strengthen and enhance economic cooperation while also promote investment opportunities. H.E. the Malaysian Minister of International Trade and Industry was also present during the signing ceremony.   

Meanwhile, H.E Abdullah Al Saleh held an extensive meeting with officials of the Khazanah Company, the investment arm of the Malaysian Government, in the presence of the Executive Director of Investment and the team, as well as senior officials of the company. During the meeting, H.E Abdullah Al Saleh emphasized on the importance of enhancing cooperation between government institutions and investment entities from both countries. 

For his part, Abdullah Mohammed Al Awar, CEO, Dubai Islamic Economy Development Center (DIEDC), affirmed the growing cooperation between DIEDC and its strategic partners in Malaysia, especially in the continuing efforts to create a unified international umbrella for Halal products, in light of the rich cultural and institutional experience that the UAE can offer to this rapidly thriving global segment.   
 
Engr. Saeed Al Awadi, CEO, Dubai Exports, said the that the company seeks to translate government objectives in diversifying industrial exports and supporting modern industrial development mechanisms to drive up the value of non-oil national exports. One of the non-oil sectors that the company has placed strong focus on is the Halal trade. The East Asian market is being seen as one of the most important markets for these two sectors—strongly highlighted by Malaysia's growing reputation as one of the most important centers for the global Halal industry. 

H.E Mohammed Obaid Bin Majid AlAleeli, General Director, Department of Industry and Economy in Fujairah, shared that the department was also able to hold a number of fruitful meetings during the visit, including a meeting with officials of the Malaysian investment company Danyo, which has resulted in the lookout for potential investment opportunities in renewable energy, especially for solar and cement factories as well as mining activities in Malaysia and other investment opportunities offered by the emirate.



Posted by : GoDubai Editorial Team
Viewed 6344 times
Posted on : Wednesday, February 7, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Etihad and Zayed Higher Organisation for Humanitarian Care and Special Needs Mark UAE Environment Da...
Next Story : AI: Human History's Proudest Achievement or Frankenstein?
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Interview with Asil Attar, CEO of Al Yasra Fashion
Festive Gift Sets from Bubble T
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Get Ready for Party Season with Lottie's new make-up hits
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Winter wool Christmas must- haves
DKNY Launches (Limited Edition) Holiday 2018 Collection
Samsung Galaxy A9 – Designed to capture the world in its fullest
Chic and Stylish Wraps with a 3 in 1 effortless concept
Michael Kors Collection Transeason 2019 Press Presentation
New 1948 Seamaster Watches Join the Ranks'
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Bus...
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Santa is Coming to Town!
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory
Dubai Shopping Festival Wednesday Specials at The Smile Bar
UAE students win top awards at international math competition in Malaysia
Enjoy 11 exciting new street entertainment shows at BOLLYWOOD PARKS™ Dubai
Get Party Ready with Champion Cleaners
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
'Introducing the GUESS Jeans Fall 2018 Collection'
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
Over 80 developers showcase top projects at Indian Property Show in Dubai
Ring in the New Year With Four Firework Shows at Dubai Festival City Mall
His Highness Sheikh Saud discusses collaboration with British Consul-General And...
Al Hosn Now Open to the Public
CBUAE and Central Bank of China meet to Enhance Renminbi Clearing in the UAE
Bawabat Al Sharq Mall is all set to welcome an exciting festive season with 'Wi...
Arla Foods launches initiative with UAE Ministry of Education to promote healthi...
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...
Listen to the Autism Beat Gala Dinner at Atlantis - The Palm
CITIZEN's “#MyBetterStartsNow” campaign seeks out UAE's inspired and driven indi...
Over 2,000 Cyclists Took Part in the Cycle Challenge of the Year
Puma and Hasbro Announce New Collaboration
Julphar to Launch Wearable Insulin Delivery Device in GCC
Joe's Backyard Opens at the Holiday Inn, Dubai Festival City
SAVEX 11 TO 15 DECEMBER 2018
Young Emirati Champion Rashid Al Dhaheri Powers Ahead to Stunning Victory at the...
Dubai Islamic Bank triumphs at Islamic Business and Finance Awards 2018
Model of the Year Takes Camo to Catwalk Level
Al Ghurair Centre Teams Up With Nike to Support Its ‘We Play DXB' Campaign
University of Balamand Dubai and Emicool agree MoU for student scholarships
Health Authorities advocate early screening for prevention of cardiovascular disease.
Dubai being crowned as the ‘Champion City' for District Cooling Solutions: Inter...
Fine hosts visually-impaired mountaineering hero Erik Weihenmayer
Todd English Food Hall announces Dubai debut of its New York-born concept