Minister of Economy and Chairman of the UAE International Investors Council (UAEIIC) Abdullah bin Touq Al Marri said the council has set up a platform to unite the efforts of the public and private sectors and to protect and support the interests of Emirati companies and investments abroad.
He made this statement while chairing the 32nd meeting of the UAEIIC’s board, which was held remotely. It was attended by Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi, UAEIIC Secretary-General Jamal bin Saif Al Jarwan and members of the council.
The meeting addressed the activities carried out in the second quarter of 2022, as part of the UAEIIC’s strategy and its keenness to support the interests of member companies, as well as its role in supporting decision-makers in drafting well-studied policies.
The meeting also discussed the incentives and advantages offered by the comprehensive economic partnership agreements (CEPA) signed with India, Israel and Indonesia and the opportunities that Emirati companies could capitalize on in these countries.
Al Marri said that the UAEIIC is adopting a clear vision to advance Emirati investments abroad and open new markets, under the framework of the new economic and commercial agreements signed between the UAE and several promising regional and international markets and as part of the country’s commitment to implementing the vision and directives of its wise leadership.
The UAEIIC’s members also discussed a range of key topics, such as developing new mechanisms that support the interests of Emirati companies abroad and serve the country’s aspirations.
The members discussed foreign investments that have enhanced the UAE’s competitiveness in aviation and aviation services, mining, logistics, ports, infrastructure, renewable energy, telecommunications, information technology, tourism, hospitality, banking, agriculture, food and pharmaceutical industries.
The UAEIIC, created in 2009, supports economic development and makes Emirati investments abroad drivers for advancing national economy based on diversification, innovation and knowledge to enhance sustainable competitiveness.
