Latest news with #SaudBinSaqrAlQasimi
Gulf Today
26-05-2025
- Politics
- Gulf Today
Sheikh Saud attends Kuala Lumpur Summit reception
His Highness Sheikh Saud Bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, attended on Monday the official reception hosted by Anwar Ibrahim, Prime Minister of Malaysia, on the occasion of his country hosting the Gulf Cooperation Council (GCC) - Association of Southeast Asian Nations (ASEAN) Summit, as well as the first trilateral ASEAN-GCC-China Summit. Sheikh Saud exchanged cordial conversations with the heads of state and leaders of delegations participating in the summit, reflecting the depth of friendship and strong cooperation between the United Arab Emirates, the ASEAN countries, and China. The reception was also attended by Sheikh Khalid bin Saud bin Saqr Al Qasimi, Vice Chairman of Ras Al Khaimah's Investment and Development Office; Ahmed bin Ali Al Sayegh, Minister of State; Khalifa Shaheen Al Marar, Minister of State; Khalil Mohammed Sharif Foulathi, Board Member of the Abu Dhabi Investment Authority; Dr. Mubarak Saeed AlDhaheri, UAE Ambassador to Malaysia; and Abdullah Salem AlDhaheri, UAE Ambassador to Indonesia and ASEAN. WAM
Gulf Today
09-05-2025
- Business
- Gulf Today
Economic partnerships are pillars of growth stimulation: RAK Ruler
His Highness Sheikh Saud Bin Saqr Al Qasimi, Member of the UAE Supreme Council and Ruler of Ras Al Khaimah, affirmed that economic and investment partnerships with various strategic partners are a fundamental pillar for stimulating economic growth, advancing sustainable development, and reinforcing Ras Al Khaimah's rising status as a leading destination for business prosperity and corporate growth. This came during Sheikh Saud's reception on Thursday at his palace in the Saqr Bin Mohammed City, of Sybille Pfaff, Consul General of the Federal Republic of Germany in Dubai and the Northern Emirates, along with a delegation from the German-Emirati Joint Council for Industry and Commerce (AHK). The meeting was also attended by senior officials from the Ras Al Khaimah Economic Zone (RAKEZ). The meeting reviewed bilateral relations between the United Arab Emirates and Germany, with a particular focus on trade, investment, and innovation. It also highlighted recent developments in Ras Al Khaimah across sectors such as infrastructure, industry, and investment growth. Discussions explored future cooperation prospects between RAKEZ and the German-Emirati Council, especially in supporting German companies and enhancing joint initiatives. The conversation also covered the emirate's flourishing economic and investment environment, German companies' outlook in the region, and ways to strengthen their operating landscape. The meeting also involved a productive exchange of ideas on business opportunities and development projects in the emirate. It emphasised Ras Al Khaimah's strategic assets, which include a competitive business environment, advanced infrastructure, and a vital geographic location. Sheikh Saud Bin Saqr Al Qasimi witnessed the signing of a Memorandum of Understanding (MoU) between RAKEZ and the AHK, aimed at building a strategic partnership to support development goals and foster mutual growth. The MoU was signed by Ramy Jallad, Group CEO of RAKEZ, Dr Martin Henkelmann, CEO of AHK. The MoU stipulates enhanced support for both new and existing members of the Council, as well as RAKEZ's partner base, through joint initiatives aimed at business growth, knowledge exchange, and international connectivity. The MoU comes as part of ongoing efforts between both parties to solidify strategic cooperation and strengthen economic and industrial ties between Ras Al Khaimah and the German business community. In turn, Sybille Pfaff and the Council's delegation expressed their deep appreciation to Sheikh Saud for the warm welcome and generous hospitality. They praised the strong economic ties between the UAE and Germany, Sheikh Saud's visionary leadership, and the emirate's advanced investment environment. In February, Ras Al Khaimah Economic Zone (RAKEZ) announced a significant milestone in 2024, with 13,141 new companies joining its thriving ecosystem. This represents an impressive 66% growth in new registrations compared to 2023. With this achievement, RAKEZ is now home to nearly 30,000 multinational companies, reinforcing its status as a leading global hub for business excellence. The growth in 2024 has been driven primarily by commercial activities, including general trading, e-commerce, and related businesses, which together accounted for 53% of the new company registrations. This reinforces RAKEZ's reputation as a thriving hub for traders and businesses seeking strategic access to regional and global markets. Consultancy followed as a key contributor at 24%, with other notable sectors including media and marketing services, wholesale trading, and manufacturing, among many others. This sectoral diversity highlights RAKEZ's ability to cater to the evolving demands of businesses across a wide range of industries, further solidifying its role as a global business enabler. 'Over the past five years, RAKEZ has welcomed double the number of companies to its flourishing business community, reflecting the growing appeal of Ras Al Khaimah as a hub for innovation and global trade,' said Ramy Jallad, Group CEO of RAKEZ. 'This growth highlights our commitment to offering tailored support, streamlined services, and an enabling environment where businesses can expand and reach their full potential. As our community continues to grow, we remain focused on fostering long-term success and unlocking new opportunities for businesses of all sizes and sectors.' Entrepreneurs and companies from around the world contributed to this growth, with India leading the way as the top source of new businesses. This reflects RAKEZ's ongoing efforts to strengthen ties with India through strategic initiatives, such as fostering trade relations and leveraging the UAE-India Comprehensive Economic Partnership Agreement (CEPA). WAM
Gulf Today
22-03-2025
- General
- Gulf Today
UAE completes 500 days of aid delivery in Gaza
'Operation Chivalrous Knight 3'' has completed 500 days of continuous giving, as part of the UAE's ongoing humanitarian efforts to support the Palestinian people in the Gaza Strip. The humanitarian initiative was launched by the United Arab Emirates to aid the people of Gaza. The UAE continues to deliver urgent humanitarian assistance to support those affected. During this period, the total aid provided exceeded 65,000 tonnes of food, medical, and relief supplies, with a value of over $1.2 billion, delivered via air, land, and sea to ensure that assistance reaches those in need as quickly as possible. As part of the humanitarian operation, the UAE launched numerous initiatives, including the establishment of two field hospitals: the first inside the Gaza Strip, which handled 51,853 cases, providing comprehensive medical services; and the second, a floating hospital off the coast of Al Arish city in Egypt, which treated 10,370 cases. In addition, the healthcare system was strengthened with 17 fully equipped ambulances, and 1,200 tonnes of medical equipment and supplies were delivered to support local hospitals. To help meet basic needs, six desalination plants were set up, producing two million gallons of water daily, which is pumped into Gaza to provide clean drinking water for those affected. Furthermore, 12 water tankers were deployed to ensure water supply to medical facilities and camps. The operation also established 21 field bakeries to produce daily bread and 50 charitable kitchens that serve hot meals daily to affected families. An air bridge for delivering aid played a vital role in the operation, with 594 air missions carrying thousands of tonnes of supplies. The 'Birds of Goodness' airdrop initiative contributed an additional 3,700 tonnes of aid via 53 airdrops to isolated areas in Gaza that were otherwise unreachable. By land, 3,495 aid trucks entered Gaza as part of the humanitarian operation, carrying food, relief parcels, shelter tents, and other essential items. Meanwhile, 14 ships arrived by sea — 7 via Al Arish Port and 7 via Cyprus, ensuring a steady flow of supplies through multiple channels. The delivery of relief aid by land, sea, and air reflects the UAE's historic and steadfast commitment to supporting the Palestinian people, as the nation spares no effort in providing all forms of humanitarian assistance to its Palestinian people. The competent authorities in the UAE implemented the 'Tarahum - for Gaza' campaign to provide relief aid for children, women, and the elderly. The UAE also introduced a prosthetics initiative to support Gaza residents who have lost limbs due to the conflict. This effort provides advanced prosthetic limbs, helping recipients regain mobility and independence. Meanwhile, under the directives of His Highness Sheikh Saud Bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, and with close follow-up by Sheikh Ahmed Bin Saqr Al Qasimi, Chairman of the Board of Trustees of the Saqr Bin Mohammed Al Qasimi Charity and Humanitarian Foundation, the Foundation has sent a new shipment of food aid to the Gaza Strip, as part of its contribution to the 'Operation Chivalrous Knight 3.' The first shipment includes 32 tonnes of food parcels out of a total of 72 tonnes to be sent as an initial batch. This is part of a broader plan to send a total of 1,100 tonnes being prepared for dispatch. This initiative aims to support affected families in the Strip, complementing the first phase which focused on providing essential health supplies for infants and mothers. Ahmed Rashid Al Zaabi, Secretary-General of the Fondation, stated that the Foundation continues, alongside other national charitable organisations, to provide humanitarian and charitable support to the people of Gaza under the framework of the Operation Chivalrous Knight 3. He added that this support is part of the UAE's humanitarian efforts to alleviate the suffering of the Palestinian people in Gaza and to enhance the rapid response to the basic needs of the affected population. WAM
Emirates 24/7
13-02-2025
- Business
- Emirates 24/7
Sunreef Yachts Launches First UAE-Built Catamaran, Set for Global Premiere at Dubai International Boat Show
The first catamaran constructed by Sunreef Yachts in the United Arab Emirates has officially left the shipyard in Ras Al Khaimah. The vessel, named Ultima 55 , was launched on February 11, 2025, and is currently undergoing test cruises in the Arabian Gulf. The Ultima 55 will make its global debut at the upcoming Dubai International Boat Show (DIBS), scheduled to take place from February 19 to 23, 2025. Sunreef Yachts will showcase the vessel at Booth MD-25, marking a milestone for the company's expansion in the region. Sunreef Yachts' Expansion into the UAE Sunreef Yachts, a globally recognized luxury catamaran manufacturer, established its presence in the UAE in 2022 with a state-of-the-art facility in Ras Al Khaimah Maritime City. The 65,000-square-meter shipyard incorporates cutting-edge technology to produce eco-friendly, high-performance catamarans. This expansion complements Sunreef's main operations in Gdańsk, Poland, where the company was founded in 2001. The Ras Al Khaimah facility was officially inaugurated on March 4, 2024, by His Highness Sheikh Saud Bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, with former Polish President and Nobel Peace Prize Laureate HE Lech Wałęsa as the guest of honor. Commitment to Sustainability and Innovation Sunreef Yachts has positioned itself as a leader in sustainable yacht manufacturing, pioneering industry-first solar panels, eco-friendly fabrics, and hydrogen-based propulsion systems. The company participated in COP28 in Dubai, where it exhibited an eco-catamaran model and contributed to sustainability discussions. With over 550 luxury catamarans sailing worldwide, Sunreef Yachts continues to expand its international footprint. The brand's clientele includes high-profile ambassadors such as Rafael Nadal, Fernando Alonso, and Nico Rosberg. Strengthening Regional Presence In addition to its shipyard in Ras Al Khaimah, Sunreef Yachts has an office in Dubai's Palm Jumeirah, bringing together an international team of sales representatives, engineers, architects, and designers. The company has also engaged in key industry events, including the UAE Ministerial Mission to Poland and the 'Make it in the Emirates' initiative in Abu Dhabi. Sunreef Yachts' presence in the UAE underscores its commitment to the region's growing maritime sector and reinforces the country's position as a global hub for luxury yacht manufacturing. The Ultima 55 's debut at DIBS marks the beginning of a new chapter for Sunreef Yachts in the Middle East. Follow Emirates 24|7 on Google News.
