Tag: MBZ

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MBZ hosts Arab partners to boost joint action

The leaders also affirmed their common vision to enhance stability and prosperity in the region and their firm belief in the significance of communication for the sake of construction, development and prosperity….reports Asian Lite News

President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday held a fraternal consultative meeting with leaders of a number of brotherly countries.

Sheikh Mohamed held the meeting with Sultan Haitham bin Tariq of Oman; King Hamad bin Isa Al Khalifa of Bahrain; Emir Sheikh Tamim bin Hamad Al-Thani of Qatar; King Abdullah II ibn Al Hussein of Jordan and President Abdel-Fattah El-Sisi of Egypt.

The meeting – held in the capital, Abu Dhabi, under the title “Prosperity and Stability in the Region” – aims to consolidate and deepen cooperation between the brotherly countries across various sectors that serve development, prosperity and stability in the region through cooperation and regional integration.

During the meeting, the leaders discussed fraternal relations between their respective countries and various tracks of joint cooperation and coordination in all fields that serve the aspirations of their peoples for a more prosperous future.

The meeting touched upon a number of regional and international issues and developments of common interest and the challenges the region is witnessing politically, security and economically, and the importance of coordinating positions and strengthening joint Arab action in dealing with these challenges to ensure building a more stable future for the peoples of the region.

The leaders reiterated the deep-rooted historical ties between their countries in various fields, and their mutual keenness on communication, consultation and continuous coordination towards various transformations in the region and the world.

They stressed that cooperation in building economic and development partnerships between their countries and other Arab nations in the region is the way to creating a better future for all people in the region.

The leaders also affirmed their common vision to enhance stability and prosperity in the region and their firm belief in the significance of communication for the sake of construction, development and prosperity.

They highlighted the importance of adhering to the rules of good neighbourliness, respect for sovereignty and non-interference in internal affairs.

His Highness Sheikh Mohamed and the leaders affirmed that cooperation and building economic and development partnerships between their respective countries, and at the Arab level in general, are the main approach to achieving development and creating a better future for the people of the region amid a turbulent world.

Dolphin Gas Pipeline project

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has emphasised the importance of accelerating new investments to meet rising energy demand as a number of OPEC + member countries cut output.

In statements to the Emirates News Agency (WAM) on the sidelines of the Global Energy Forum, which began today in Abu Dhabi, the minister affirmed the UAE’s commitment to providing the necessary support to ensure a balanced oil market in line with its plan to advance the 5 million bpd production target to 2027.

Emphasising the importance of accelerating investments in gas exploration and production, being a key source of energy, the minister said that the world requires trans-country natural gas pipelines, such as the Dolphin Gas Pipeline project, a natural gas project between Qatar, the UAE and Oman that was the first of its kind to contribute to improved energy security and integration among Gulf countries.

He added that there are geopolitical factors in the region and around the world that influence the global energy map, expressing his hope that the current year 2023 would see more stability in the energy markets, as well as a decline in gas prices and volatility.

“Price variations have a significant impact on the economies of many countries, and since there is such a high demand for gas, we hope for new projects to be launched in this sector,” the minister added.

ALSO READ: WEF picks UAE Gender Balance Council as knowledge partner

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-Top News Dubai UAE News

MBZ Begins Historic France Visit

UAE and France are aiming to bolster joint action to addressing several of the greatest challenges facing the world today, including future energy, climate change, and technology, reports Asian Lite Newsdesk

In his first official visit as President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan will meet his French counterpart Emmanuel Macron, in Paris today.

President Macron will receive Sheikh Mohamed at the Élysée Palace at 12.30 PM local time (2.30 PM UAE time). A lunch banquet will be hosted by Macron for President Sheikh Mohamed.

According to state media WAM, the visit is an opportunity to reinforce and expand the longstanding strategic partnership between the United Arab Emirates and France.

The two Heads of State will aim to bolster joint action that supports a collective responsibility to addressing several of the greatest challenges facing the world today, including future energy, climate change, and technology. In addition, the two nations will continue to strengthen ties across culture, education and space.

Finally, they will discuss the collective efforts of France and the United Arab Emirates in regional stability and security. Sheikh Mohamed will also meet a number of French officials during the visit.

Strategic partnership

The UAE and France are bound by longstanding strategic relations as they derive their strength from the support, follow-up and directives of the leadership of the two countries represented by President Sheikh Mohamed bin Zayed Al Nahyan and President Emmanuel Macron.

During the past years, the distinguished relations between the two countries constituted a main pillar for facing various types of regional and international challenges, and played an outstanding role in combating extremism and intolerance, and contributed to spreading the concepts of tolerance and coexistence among religions and societies.

Relations between the two countries dates back to the establishment of the UAE Federation, as some French petroleum company, such as “Total”, were engaged in oil exploration in the UAE, and these relations were strengthened after the first visit of the late Sheikh Zayed bin Sultan Al Nahyan to France in 1976.

In order to enhance areas of bilateral cooperation and raise them to the levels of strategic partnership, the two countries established the UAE-France Strategic Dialogue, which began its work for the first time in 2008.

Since that time, meetings of the Dialogue Committee have been organised, and within it the two parties adopted on 3rd June 2020, a new roadmap for their strategic partnership for the next ten years, i.e. for the period 2020-2030.

The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various economic, cultural, military and environmental fields, the latest of which was 13 agreements signed during the visit of the French President to the UAE last December.

The UAE and France have distinguished economic and investment relations, and the non-oil foreign trade data between the two countries reflect the strength of the economic relations between the two sides that extend for decades, as the total volume of non-oil foreign trade between the two countries reached more than AED25.2 billion by the end of 2021, according to Data of the Federal Competitiveness and Statistics Centre.

France is one of the main foreign investors in the UAE. French direct investments in the UAE amounted to 2.5 billion euros by the end of 2020, while the UAE ranks 35th in the list of foreign investors in France.

ALSO READ:UAE to remain a trusted partner in global drive to achieve stability

The two countries pay special attention to their cultural partnership out of their belief in the importance of building bridges of communication between the peoples of the two countries. Over the past years, this partnership has witnessed many achievements, represented in the opening of the Louvre Abu Dhabi, as well as the Sorbonne University Abu Dhabi, which was established in 2006.

The two countries played a major role in establishing the International Alliance for the Protection of Heritage in Conflict Areas (ALIPH), and the UAE contributed 5 million euros to support the Arab World Institute in Paris in 2017, and in the same year the Sheikh Zayed bin Sultan Al Nahyan Hall was inaugurated at the Louvre Museum in Paris.

Moreover, the UAE contributed to the restoration of the Château de Fontainebleau’s historic Imperial Theatre with a contribution of 10 million euros, and accordingly the theater was re-named after Sheikh Khalifa bin Zayed Al Nahyan.

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-Top News Dubai UAE News

MBZ orders provision of Dh35 million aid to Somalia

M

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the provision of AED35 million of urgent humanitarian aid to Somalia to support its developmental efforts…reports Asian Lite News

The directives of President His Highness Sheikh Mohamed to provide this assistance come within the framework of the fraternal relations between the two countries, and this initiative confirms the UAE’s keenness to support friendly countries, and its efforts to develop its bilateral relations with Somalia.

The UAE’s initiative aims to help meet the needs of the Somali people in various developmental areas, in an effort to improve their living conditions and enhance the Somali government’s capacity to deal with the humanitarian challenges facing Somalia.

Earlier, President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister and Vice President Sheikh Mohammed bin Rashid Al Maktoum sent a message of congratulations to President Hassan Sheikh Mohamud of Somalia on his election win.

Meanwhile, President Sheikh Mohamed has received two phone calls from Nana Akufo-Addo, President of Ghana, and Ali Bongo Ondimba, President of Gabon, wherein they offered condolences on the passing of Sheikh Khalifa bin Zayed.

During the calls, the two presidents extended their sincere condolences to His Highness Sheikh Mohamed, noting to the global humanitarian role of the late UAE President.

ALSO READ: Parliament affirms trust in Prez MBZ

They also congratulated His Highness Sheikh Mohamed on his election as UAE President, wishing him success in leading the country to more progress and prosperity, and expressed their willingness to enhance joint cooperation and partnerships between their countries and the Emirates under his leadership.

For his part, Sheikh Mohamed thanked the two leaders for their sincere feelings, wishing their countries more development and prosperity.

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Parliament affirms trust in Prez MBZ

The Federal National Council (FNC) said it is confident that the UAE, under President His Highness Sheikh Mohamed, will see a new era of achievements and development, reports Asian Lite Newsdesk

The Federal National Council (FNC) has confirmed trust in His Highness Sheikh Mohamed bin Zayed Al Nahyan, as president of the UAE to ensure a bright future for the nation.

This statement was made by the FNC on the occasion of the election of President His Highness Sheikh Mohamed, which was given by Saqr Ghobash Speaker of the FNC, during its 10th session of the ordinary third term of its 17th legislative chapter, which was held today as a memorial service for the late Sheikh Khalifa bin Zayed Al Nahyan.

“The FNC congratulates the Emirati people on the election, by Their Highnesses Supreme Council Members and Rulers of the Emirates, of His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the UAE. The FNC, as the representative of the Emirati people, pledges allegiance to President His Highness Sheikh Mohamed with complete loyalty and devotion,” Ghobash said.

“The FNC reaffirms full trust in our President and protection of the Union His Highness Sheikh Mohamed, who is known for his love for the country and citizens and is keen to ensure a bright future for the nation as well as his support for the peace and stability of Arab countries.

“The FNC is confident that the UAE, under President His Highness Sheikh Mohamed, will see a new era of achievements and development. The country will continue to be the nation of giving, tolerance, safety and security,’ he added.

Meanwhile, President Sheikh Mohamed on Wednesday received more phone calls from world leaders, during which he received their condolences over the passing of Sheikh Khalfia bin Zayed.

He received condolence calls from Ukrainian President Volodymyr Zelenskyy; Sri Lankan President Gotabaya Rajapaksa; Mario Abdo Benítez, President of Paraguay; Cyril Ramaphosa, President of South Africa; and Karl Nehammer, Chancellor of Austria.

They noted the virtues of the late president, and his track record of national achievements. They also congratulated Sheikh Mohamed on his presidential election, stressing their countries’ willingness to enhance partnership ties with the UAE across all fields.

For his part, Sheikh Mohamed thanked them for their sincere feelings, wishing their countries more development and prosperity.

Economic partnerships under MBZ

The UAE has earned significant international trust that has been translated into several investments and strategic economic projects, thanks to Sheikh Mohamed bin Zayed.

Following Sheikh Mohamed’s visit to Egypt in 2016, the UAE provided US$4 billion to support the country, including $2 billion for investments in several developmental areas, and $2 billion as a deposit in the Central Bank of Egypt (CBE).

As part of its support for development efforts undertaken by other countries, the UAE allocated $2 billion to launch investment projects and provide loans for Mauritania, enhancing the relations between the two countries in various areas, most notably in the economic field.

These efforts also included this year’s signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India that should increase non-oil trade between the two nations to mor than AED100 bn.

The economic projects announced by the UAE include the establishment of a $10 billion fund to encourage investment in Turkey, support the Turkish economy, and strengthen cooperation between the two countries. The fund focuses on strategic investments, most notably in the logistics sectors, energy, health and food.

During the last year’s visit of President Sheikh Mohamed to the United Kingdom, a partnership agreement was signed between Mubadala Investment Company and the UK’s Department of International Trade covering sovereign investments valued at 10 billion pounds between the UAE and the UK. The agreement includes investment in the sovereign investment partnership between the two countries, which is supervised by the UK Office for Investment and Mubadala and will focus in the coming years on providing major investments in three sectors: technology, infrastructure and renewable energy.

ALSO READ: Sheikh Mohamed bin Zayed.

During the visit of President Sheikh Mohamed to China in 2015, the two countries launched the Joint Strategic Investment Fund worth $10 billion to enhance their economic and political cooperation.

The UAE also announced that it invested $10 billion in Indonesia’s sovereign wealth fund – Indonesia Investment Authority, with a focus on strategic sectors, most notably infrastructure, roads, ports, tourism, agriculture and other promising sectors that have considerable prospects for growth and will help achieve economic and social growth and progress in Indonesia.

In May 2022, the UAE signed a Memorandum of Understanding to establish a joint investment fund in several vital sectors in Greece worth $4.2 billion.

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MBZ receives pavilion commissioners, officials

During the meeting, held at Qasr Al Bahr, Sheikh Mohamed and the guests exchanged cordial talks on the importance of their countries’ participation in this exceptional event…reports Asian Lite News

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a number of officials and commissioners-general of pavilions participating in Expo 2020 Dubai.

During the meeting, held at Qasr Al Bahr, Sheikh Mohamed and the guests exchanged cordial talks on the importance of their countries’ participation in this exceptional event. He also wished them success in their current and future participation in introducing their countries’ cultures and civilisations as well as strengthening their partnerships and cooperation with the countries of the world for the good of all.

For their part, the guests expressed their happiness at meeting His Highness Sheikh Mohamed and their thanks and appreciation to the UAE for the support, services and facilities provided to the participants and exhibitors of Expo 2020, which contributed to the success of their participation and the achievement of their goals.

ALSO READ-UAE keen to boost economic ties with ASEAN

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Bennett, MBZ, Sisi meet in Egypt

MBZ, Bennett, Sisi

Against the backdrop of the recent developments in the world and the region, the leaders discussed the ties between the three countries and ways to strengthen them on all levels, reports Asian Lite News

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday attended a tripartite meeting with Egyptian President Abdel Fattah El-Sisi and Israeli Prime Minister Naftali Bennett.

The meeting discussed ways of enhancing relations between the three countries, and the importance of cooperation and coordination to drive development and enhance stability in the region, as well as bolstering global energy security and market stability.

Sheikh Mohamed, El-Sisi and Bennett also exchanged views on a number of regional and global issues of mutual concern and relevant developments.

This was Prime Minister Bennett’s second visit to Egypt. His first official visit to Egypt took place in September last year.

On Sunday, Sheikh Mohamed and El-Sisi deliberated the prospects of further advancing cooperation across all fronts for the benefit of the two countries and their peoples.

During a meeting in the Egyptian city of Sharm El-Sheikh, where Sheikh Mohamed arrived earlier on Sunday, the two leaders reviewed issues of interest, and the latest developments on the regional and international scene. They affirmed the importance of strengthening Arab solidarity in the face of common challenges, with Sheikh Mohamed commending the privileged relations between the two nations.

“Egypt is a cornerstone of Arab security and its pivotal role and efforts are well appreciated,” Sheikh Mohamed said, pointing to the UAE’s keenness to maintain constant channels of cooperation between the two nations to promote their common interests and achieves stability, security and peace in the region. He expressed his sincere thanks to the Egyptian President for the warm reception and hospitality he received during the visit.

For his part, President Abdel-Fattah El-Sisi welcomed Sheikh Mohamed’s visit, expressing his pride in the longstanding relations between the UAE and Egypt and the joint action that unites them in facing the challenges besetting regional stability and security.

He also affirmed Egypt’s keenness to strengthen relations with the UAE in various fields, and underlined the importance of increasing bilateral meetings to ensure constant coordination over the rapid developments witnessed by the region and the world.

ALSO READ: MBZ, Sisi vow to boost joint Arab action

At the end of the meeting, they reaffirmed the common vision shared by the two countries regarding many files and issues of interest. They stressed on the need to continue enhancing Emirati-Egyptian cooperation and coordination for consolidating joint Arab action, with Al-Sisi stressing in this context Egypt’s unshakable commitment toward the security of the Gulf and its rejection of any attempts to destabilise it.

The meeting was attended by H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, Vice, H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Ministry of Presidential Affairs, Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, Ali bin Hammad Al Shamsi, Deputy Secretary-General of the Supreme National Security Council, and Mohamed Mubarak Al Mazrouei, Under-Secretary of the Court of Abu Dhabi Crown Prince.

Major General Abbas Kamel, Chief of Egypt’s General Intelligence Service, Major General Ahmed Ali, Chief of the President’s Office, and Presidential Spokesperson, Bassam Rady also attended the meeting.

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MBZ, Ghana Prez review advancing bilateral ties

MBZ, Ghana Prez review advancing bilateral ties

His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President of Ghana, Nana Akufo-Addo, reviewed the prospects of advancing the relations between the two nations…reports Asian Lite News

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Ghana, Nana Akufo-Addo, have reviewed the prospects of advancing the relations between the two nations, especially in the fields of trade, investment, agriculture, and energy, among others, in addition to a number of international and regional issues of interest.

This came as His Highness Sheikh Mohamed received today at Al Shati’ Palace the African leader, who is on a working visit to the UAE, during which he attended his country’s celebrations of its National Day at the Expo 2020 Dubai.

Sheikh Mohamed conveyed to the president of Ghana the greetings of His President His Highness Sheikh Khalifa bin Zayed Al Nahyan and his wishes of continuing stability and development to the Republic of Ghana. He also renewed his congratulations on the National Day of his country, wishing it more progress and prosperity.

ALSO READ: GHANA CEMENTS TIES WITH UAE

For his part, President Nana Akufo-Addo thanked Sheikh Mohamed for the warm reception, stressing the depth of the UAE-Ghana relations and his country’s keenness to further advance cooperation over the coming period.

The meeting was attended by His Highness Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan, Sheikh Shakhbout bin Nahyan Al Nahyan, Minister of State, Sheikh Mohamed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Ministry of Presidential Affairs, and Ali bin Hammad Al Shamsi, Deputy Secretary General of the Supreme Council for National Security along with the delegation accompanying the President of Ghana.