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UAE strengthens economic ties with Lebanon through delegation visit
UAE strengthens economic ties with Lebanon through delegation visit

Dubai Eye

time2 days ago

  • Business
  • Dubai Eye

UAE strengthens economic ties with Lebanon through delegation visit

A UAE delegation has explored economic collaborations with Lebanon during a three-day visit to the country, with the aim to support its economic recovery and future growth. The delegation was joined by the Abu Dhabi Fund for Development (ADFD) who assessed potential joint projects, while the UAE's Knowledge Exchange Office was tasked with visiting Beirut to share best practices on government performance and institutional excellence. This follows President His Highness Sheikh Mohamed bin Zayed Al Nahyan's meeting with Lebanon's President, Joseph Aoun in a working visit to the UAE in May, where the two leaders discussed ways to expand cooperation in economic, investment and government sectors. The delegation met with Aoun, where discussions centred around enhancing bilateral cooperation and supporting Lebanon's economic development efforts. Meetings were also held with Lebanese Prime Minister Dr. Nawaf Salam and officials from ministries of finance, education, health, public works, telecommunications and interior. The delegation also engaged with several national institutions such as the Central Bank of Lebanon, the Higher Relief Council and the Council for Development and Reconstruction. Site visits to the Port of Beirut, Beirut–Rafic Hariri International Airport, Beirut Governmental Hospital and various public service institutions further underscored the delegation's focus on identifying immediate priorities and potential areas of collaboration.

Abu Dhabi Fund for Development explores new development opportunities in Lebanon
Abu Dhabi Fund for Development explores new development opportunities in Lebanon

Zawya

time3 days ago

  • Business
  • Zawya

Abu Dhabi Fund for Development explores new development opportunities in Lebanon

Reaffirming its longstanding commitment to international cooperation and sustainable development, Abu Dhabi Fund for Development (ADFD) joined the official UAE delegation on a high-level visit to the Republic of Lebanon, aimed at strengthening economic ties and advancing strategic partnerships. President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with President Joseph Aoun in a working visit to the UAE in May, and the two leaders discussed ways to expand cooperation in economic, investment, and government sectors. As part of this effort, the ADFD was tasked to send a delegation to Lebanon to assess potential joint projects, while the UAE's Knowledge Exchange Office was tasked with visiting Beirut to share best practices on government performance and institutional excellence. The three-day visit brought together senior UAE officials and Lebanese leadership to explore collaborative solutions that support Lebanon's economic recovery and future growth. The delegation met with General Joseph Aoun, President of the Republic of Lebanon, where discussions centered around enhancing bilateral cooperation and supporting Lebanon's economic development efforts. Meetings were also held with Dr. Nawaf Salam, Prime Minister of Lebanon, and ministers from the Ministries of Finance, Energy and Water, Education, Health, Public Works, Telecommunications, and Interior. The delegation also engaged with several national institutions such as the Central Bank of Lebanon, the Higher Relief Council, and the Council for Development and Reconstruction. ADFD also visited the Banque de l'Habitat (Housing Bank) in Beirut to explore cooperation on offering concessional loans to support housing solutions and enable citizens to access affordable housing. Both parties agreed to continue coordination, including upcoming meetings in Abu Dhabi to discuss project implementation and follow-up on proposed initiatives. Mohamed Saif Al Suwaidi, Director-General of ADFD, said, 'The Fund's participation underscores the UAE's commitment to supporting friendly nations, continuing its leading role in fostering international cooperation. ADFD's partnership with Lebanon spans over five decades, during which we have helped implement strategic development projects across vital sectors such as infrastructure, education, energy, and healthcare.' He added, 'Our presence in Lebanon today reaffirms our deep commitment to supporting its government in tackling economic challenges and enhancing the quality of life for the Lebanese people. We aim to leverage our expertise and partnerships to help develop sustainable solutions that align with the country's aspirations for recovery and reconstruction.' During the Knowledge Exchange Forum, Lebanese Prime Minister Dr. Nawaf Salam praised ADFD's instrumental role in supporting Lebanon's development journey since the 1970s, describing the Fund as a trusted partner throughout various stages of national progress and an enabler of tangible improvements across key sectors. Site visits to the Port of Beirut, Beirut–Rafic Hariri International Airport, Beirut Governmental Hospital, and various public service institutions further underscored the delegation's focus on identifying immediate priorities and potential areas of collaboration.

Abu Dhabi Fund for Development Explores New Development Opportunities in Lebanon as Part of UAE Delegation - Middle East Business News and Information
Abu Dhabi Fund for Development Explores New Development Opportunities in Lebanon as Part of UAE Delegation - Middle East Business News and Information

Mid East Info

time3 days ago

  • Business
  • Mid East Info

Abu Dhabi Fund for Development Explores New Development Opportunities in Lebanon as Part of UAE Delegation - Middle East Business News and Information

Abu Dhabi, United Arab Emirates – May 2025: Reaffirming its longstanding commitment to international cooperation and sustainable development, Abu Dhabi Fund for Development (ADFD) joined the official UAE delegation on a high-level visit to the Republic of Lebanon, aimed at strengthening economic ties and advancing strategic partnerships. The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, met with President Joseph Aoun in a working visit to the UAE in May, the two leaders discussed ways to expand cooperation in economic, investment, and government sectors. As part of this effort, the ADFD was tasked to send a delegation to Lebanon to assess potential joint projects, while the UAE's Knowledge Exchange Office was tasked with visiting Beirut to share best practices on government performance and institutional excellence. The three-day visit brought together senior UAE officials and Lebanese leadership to explore collaborative solutions that support Lebanon's economic recovery and future growth. The delegation met with His Excellency General Joseph Aoun, President of the Republic of Lebanon, where discussions centered around enhancing bilateral cooperation and supporting Lebanon's economic development efforts. Meetings were also held with H.E. Dr. Nawaf Salam, Prime Minister of Lebanon, and ministers from the Ministries of Finance, Energy and Water, Education, Health, Public Works, Telecommunications, and Interior. The delegation also engaged with several national institutions such as the Central Bank of Lebanon, the Higher Relief Council, and the Council for Development and Reconstruction. ADFD also visited the Banque de l'Habitat (Housing Bank) in Beirut to explore cooperation on offering concessional loans to support housing solutions and enable citizens to access affordable housing. Both parties agreed to continue coordination, including upcoming meetings in Abu Dhabi to discuss project implementation and follow-up on proposed initiatives. H.E. Mohamed Saif Al Suwaidi, Director General of ADFD, said:'The Fund's participation underscores the UAE's commitment to supporting friendly nations, continuing its leading role in fostering international cooperation. ADFD's partnership with Lebanon spans over five decades, during which we have helped implement strategic development projects across vital sectors such as infrastructure, education, energy, and healthcare.' He added: 'Our presence in Lebanon today reaffirms our deep commitment to supporting its government in tackling economic challenges and enhancing the quality of life for the Lebanese people. We aim to leverage our expertise and partnerships to help develop sustainable solutions that align with the country's aspirations for recovery and reconstruction.' During the Knowledge Exchange Forum, Lebanese Prime Minister Dr. Nawaf Salam praised ADFD's instrumental role in supporting Lebanon's development journey since the 1970s, describing the Fund as a trusted partner throughout various stages of national progress and an enabler of tangible improvements across key sectors. Site visits to the Port of Beirut, Beirut–Rafic Hariri International Airport, Beirut Governmental Hospital, and various public service institutions further underscored the delegation's focus on identifying immediate priorities and potential areas of collaboration.

Abu Dhabi Fund for Development explores new development opportunities in Lebanon as part of UAE delegation
Abu Dhabi Fund for Development explores new development opportunities in Lebanon as part of UAE delegation

Zawya

time3 days ago

  • Business
  • Zawya

Abu Dhabi Fund for Development explores new development opportunities in Lebanon as part of UAE delegation

Abu Dhabi, United Arab Emirates – Reaffirming its longstanding commitment to international cooperation and sustainable development, Abu Dhabi Fund for Development (ADFD) joined the official UAE delegation on a high-level visit to the Republic of Lebanon, aimed at strengthening economic ties and advancing strategic partnerships. The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, met with President Joseph Aoun in a working visit to the UAE in May, the two leaders discussed ways to expand cooperation in economic, investment, and government sectors. As part of this effort, the ADFD was tasked to send a delegation to Lebanon to assess potential joint projects, while the UAE's Knowledge Exchange Office was tasked with visiting Beirut to share best practices on government performance and institutional excellence. The three-day visit brought together senior UAE officials and Lebanese leadership to explore collaborative solutions that support Lebanon's economic recovery and future growth. The delegation met with His Excellency General Joseph Aoun, President of the Republic of Lebanon, where discussions centered around enhancing bilateral cooperation and supporting Lebanon's economic development efforts. Meetings were also held with H.E. Dr. Nawaf Salam, Prime Minister of Lebanon, and ministers from the Ministries of Finance, Energy and Water, Education, Health, Public Works, Telecommunications, and Interior. The delegation also engaged with several national institutions such as the Central Bank of Lebanon, the Higher Relief Council, and the Council for Development and Reconstruction. ADFD also visited the Banque de l'Habitat (Housing Bank) in Beirut to explore cooperation on offering concessional loans to support housing solutions and enable citizens to access affordable housing. Both parties agreed to continue coordination, including upcoming meetings in Abu Dhabi to discuss project implementation and follow-up on proposed initiatives. H.E. Mohamed Saif Al Suwaidi, Director General of ADFD, said: 'The Fund's participation underscores the UAE's commitment to supporting friendly nations, continuing its leading role in fostering international cooperation. ADFD's partnership with Lebanon spans over five decades, during which we have helped implement strategic development projects across vital sectors such as infrastructure, education, energy, and healthcare.' He added: 'Our presence in Lebanon today reaffirms our deep commitment to supporting its government in tackling economic challenges and enhancing the quality of life for the Lebanese people. We aim to leverage our expertise and partnerships to help develop sustainable solutions that align with the country's aspirations for recovery and reconstruction.' During the Knowledge Exchange Forum, Lebanese Prime Minister Dr. Nawaf Salam praised ADFD's instrumental role in supporting Lebanon's development journey since the 1970s, describing the Fund as a trusted partner throughout various stages of national progress and an enabler of tangible improvements across key sectors. Site visits to the Port of Beirut, Beirut–Rafic Hariri International Airport, Beirut Governmental Hospital, and various public service institutions further underscored the delegation's focus on identifying immediate priorities and potential areas of collaboration

Abu Dhabi Fund for Development and TRENDS Sign Strategic Research MoU at ‘Make it in the Emirates' - Middle East Business News and Information
Abu Dhabi Fund for Development and TRENDS Sign Strategic Research MoU at ‘Make it in the Emirates' - Middle East Business News and Information

Mid East Info

time22-05-2025

  • Business
  • Mid East Info

Abu Dhabi Fund for Development and TRENDS Sign Strategic Research MoU at ‘Make it in the Emirates' - Middle East Business News and Information

In a move that underscores the UAE's commitment to data-driven policymaking and knowledge-based development, Abu Dhabi Fund for Development (ADFD) and TRENDS Research & Advisory have signed a Memorandum of Understanding (MoU) to advance joint research across strategic areas of mutual interest. The agreement was signed during the fourth edition of 'Make it in the Emirates' forum in Abu Dhabi—one of the UAE's leading platforms for innovation, industry, and future-focused partnerships. The MoU aims to strengthen collaboration on economic, social, and future-oriented studies, including field research, by producing rigorous, evidence-based insights to inform decision-making and national development priorities. It was formalized by His Excellency Mohamed Saif Al Suwaidi, Director General of ADFD, and Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS Research & Advisory, in the presence of senior officials from both organizations. The agreement paves the way for joint publications, academic exchanges, co-hosted conferences, and workshops, while also expanding cooperation on scientific communication and outreach with local and international institutions. The two entities also plan to launch joint research projects and collaborative initiatives on priority topics, reinforcing the UAE's position as a hub for thought leadership and innovation. H.E. Mohamed Saif Al Suwaidi, Director General of ADFD, commented: 'This MoU with TRENDS Research & Advisory reflects the Fund's commitment to deepening cooperation with national research centers and leveraging scientific research to support comprehensive development. We are focused on backing data-driven initiatives built on rigorous standards that contribute to effective policy development, help address economic and development challenges and support sustainable social progress.' Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS Research & Advisory, added: 'We are proud to sign this MoU with one of the region's leading development institutions. This partnership will enhance the production of strategic, evidence-based research and enable knowledge exchange and application of best practices in various economic and development fields.' The collaboration represents a strategic step toward strengthening the UAE's research ecosystem and aligning national development institutions with leading policy think tanks. The MoU sets the foundation for future agreements and joint initiatives that will contribute to the UAE's long-term vision and evidence-based policy agenda.

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