Latest news with #economicdelegation
Asharq Al-Awsat
3 days ago
- Business
- Asharq Al-Awsat
Saudi Foreign Minister Arrives in Damascus
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah arrived in Damascus on an official visit to Syria, accompanied by a high-level economic delegation. The economic delegation comprises Royal Court Advisor Mohammed bin Mazyad Al-Tuwaijri, Vice Minister of Finance Abdulmuhsen bin Saad Alkhalaf, Assistant Minister of Investment Dr. Abdullah Aldubaikhi, Deputy Foreign Minister for Economic and Development Affairs Abdullah bin Zarah, as well as several officials from various sectors, SPA reported. The foreign minister is scheduled to meet with Syrian President Ahmed al-Sharaa. The high-level economic delegation will hold a consultation session with their Syrian counterparts to discuss avenues for joint action aimed at supporting the Syrian economy, strengthening government institutions, and achieving the aspirations of the Syrian people.
Arab News
3 days ago
- Business
- Arab News
Saudi FM heads high-level economic delegation on visit to Damascus
RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan has arrived in Damascus on Saturday as he embarked on an official visit to the Syrian capital heading a high-level economic delegation from the Kingdom. Prince Faisal is scheduled to meet with President of the Syrian Republic Ahmad Al-Sharaa, the Saudi Press Agency reported. The high-level economic delegation, which includes Saudi officials from the ministries of finance and investment will also hold a consultation session with their counterparts from the Syrian side. Syria and Saudi Arabia have earlier discussed ways to strengthen bilateral relations in the financial sectors.
Zawya
13-05-2025
- Business
- Zawya
Third edition of Investopia Dialogues – Europe kicks off in Milan
In the presence of H.E. Bin Touq, alongside ministers, officials, and investors from the UAE and Italy Abu Dhabi: The third edition of Investopia Dialogues – Europe is set to take place this week in Milan, Italy, with the participation of a high-level UAE economic delegation, led by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia. The delegation also includes H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, and H.E. Mohammed Abdulrahman Al Hawi, Undersecretary of the Ministry of Investment. The event will explore opportunities for diverse future partnerships with the Italian and European business communities, in line with Investopia's vision to become a dynamic global platform that brings together governments and business leaders to foster dialogue and create opportunities in future investment trends and new economy sectors. The UAE delegation comprises about 60 members representing key government entities, including the Ministry of Investment, Abu Dhabi Investment Office (ADIO), Dubai Department of Economy and Tourism, Ras Al Khaimah Economic Zone, and Sharjah FDI Office (Invest in Sharjah). The delegation also includes leading private sector companies such as G42, ADQ, NG9, Marjan, Bee'ah, and several firms affiliated with the Investopia Next50 initiative. This edition of Investopia Europe is particularly significant thanks to the participation of ministers, senior government officials, and high-level decision-makers from both the UAE and Italy, as well as CEOs, investors, and entrepreneurs from the UAE, Italy, and other European countries. This creates exceptional opportunities for collaboration in priority investment sectors. Through a series of panel discussions featuring international officials, economic experts, and business leaders, the latest edition focuses on exploring promising opportunities in both UAE and European markets. It covers a wide range of new economy sectors, tourism, and hospitality, while also examining ways to boost SME investments and entrepreneurial ventures in technology, AI, advanced manufacturing, circular economy, creative industries, and financial services. The event will spotlight future investment trends in smart cities, infrastructure, urban development, sustainability, and renewable energy and address crucial economic drivers, including global economic growth, job creation, the future of family businesses, and responsible investment. The latest edition of Investopia Europe will also witness the signing of agreements and MoUs between Italian and Emirati companies, aimed at strengthening cooperation in technology, AI applications, and advanced industries. Since its launch, Investopia has organized an extensive series of global dialogues across strategic regional and international markets, including New York, Geneva, New Delhi, Mumbai, Milan, London, Rabat, Singapore, Tokyo, and Monaco. Investopia remains committed to strengthening economic and investment dialogue between the UAE and its global partners while exploring promising opportunities in future sectors. Investopia is anchored on three core pillars: Investopia Dialogues, which brings together decision-makers and investors in strategic meetings held around the world; Investopia Communities, which support the development of specialized business networks; and the Investopia Marketplace, an integrated platform for investment opportunities and networking. In March 2025, Abu Dhabi hosted the fourth edition of the Investopia Summit, attracting over 3,000 participants, including leaders, decision-makers, major investors, economic experts, and media professionals from government and private sectors. The summit featured over 100 speakers, including government leaders, ministers, investors, entrepreneurs, economists, high-net-worth individuals, and venture capital representatives from approximately 70 countries. Attendees took part in 42 panel discussions and 15 roundtable meetings focused on accelerating investments in new and sustainable economy sectors across both public and private domains. For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:
Zawya
11-05-2025
- Business
- Zawya
Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments
ABU DHABI, UAE /PRNewswire/ -- An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters. The Abu Dhabi economic delegation, comprising representatives from more than 80 public sector entities, private enterprises, SMEs, and startups, engaged in high-level meetings with top government officials, key businesses and investors in Japan, exploring collaboration opportunities in across key sectors including life sciences, carbon-neutral technologies, AI, digital infrastructure, robotics, advanced manufacturing, and financial services. The delegation visited Expo 2025 Osaka and SusHi Tech – Tokyo, and organised the 11th Abu Dhabi Japan Economic Council (ADJEC) meeting, the Abu Dhabi Investment Forum (ADIF) and Abu Dhabi-Japan Business Forum, highlighting cooperation opportunities and the role of Abu Dhabi's 'Falcon Economy' initiatives in accelerating transition towards a smart, diversified, and sustainable development. 12 homegrown startups, supported by Hub71 and Khalifa Fund, participated in SusHi Tech- Tokyo, Asia's premier startup and innovation conference, highlighting Abu Dhabi's tech talent, solutions, and investment opportunities in innovation-driven industries. Organised in partnership with the UAE Embassy in Tokyo, the visit included meetings with H.E. Hirofumi Yoshimura, Governor of Osaka, H.E. Yuriko Koike, Governor of Tokyo, H.E. Nobuhiko Yamaguchi, Vice Governor of Osaka, H.E. Ogushi Masaki, State Minister of Economy, Trade and Industry, H.E. Takeuchi Shinji, Parliamentary Vice-Minister of Economy, Trade and Industry (METI), and H.E. H.E. Kodaira Nobuyori, President of the Japan Cooperation Center for the Middle East (JCCME). The delegation also met senior officials and executives of the Osaka Chamber of Commerce and Industry, Japan Business Federation (Keidanren), Sumitomo Corporation, Cosmo Energy, ITOCHU, and Toshiba. His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: "Guided by our leadership's ambitious vision, we are doubling down on our efforts to future-proof the economy and cement Abu Dhabi's stature as a rising economic powerhouse and a global hub for talent, business, investment, and trade". "Our visit to Japan presented a valuable opportunity to further strengthen our longstanding partnership by exploring new avenues of collaboration in various sectors. The agreements signed during this visit reinforce our commitment to deepening partnerships across priority industries and clusters to address giga shifts in the global economy. We remain committed to enhancing cooperation with key economies and trading partners, making human development and sustainability our top priorities to shape a brighter tomorrow". The agreements signed during the visit included a strategic partnership for smart mobility solutions between Emirates Driving Company and Zenmov, a leading company in smart mobility solutions, and Abu Dhabi Chamber and the Japan External Trade Organization (JETRO) agreement to deepen business relations and create new opportunities for collaboration. In addition, the Emirates Foundation's Nema initiative and Japan International Cooperation Center (JICE) inked an agreement to bolster cooperation to support achieving Nema's goal of reducing food loss and waste by 50 percent by 2030, in line with the UAE's National Food Security Strategy 2051 and U.N. Sustainable Development Goals. His Excellency Shihab Ahmed Alfaheem, Ambassador of the UAE to Japan, said: "The visit of the Abu Dhabi economic delegation to Japan underscores the strength and strategic depth of the UAE–Japan relationship — one that is rooted in decades of trust and collaboration, and now firmly focused on the future. Japan's global leadership in digital innovation, smart infrastructure, sustainable mobility, and advanced manufacturing aligns closely with Abu Dhabi's economic diversification goals and its ambition to build a resilient, knowledge-based, and climate-conscious economy." H.E. Alfaheem added:"This mission represents a pivotal moment in our bilateral ties, as we prepare to activate transformative frameworks such as the Comprehensive Economic Partnership Agreement (CEPA). CEPA will provide unprecedented access to markets, streamline cross-border investment, and facilitate greater technological exchange between our nations. It is through such frameworks that we will unlock the full potential of UAE–Japan collaboration across sectors — from clean energy and AI to startups and industrial R&D. The UAE Embassy in Tokyo is proud to support this high-level engagement. We remain committed to fostering meaningful partnerships between Emirati and Japanese institutions, and to advancing shared priorities that will shape the next era of sustainable, innovation-led growth." Bilateral trade between the UAE and Japan rose 4.8 percent to AED 182.4 billion (USD 49.7 billion) in 2024, compared to AED 174 billion (USD 47.4 billion) in 2023, while non-oil trade grew 2.2 percent over the same period, reflecting growing ties between the two economies. UAE investment in Japan has increased 100% over the past five years, while the country accounts for 80 percent of Japanese investments in the Middle East. The Abu Dhabi economic delegation included senior officials and executives from government entities, private sector's companies, and startups, including the Department of Culture and Tourism – Abu Dhabi, Abu Dhabi Securities Exchange (ADX), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Khalifa Fund for Enterprise Development, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, KEZAD, Hub71, Abu Dhabi Airports, and major companies from different sectors.
Yahoo
10-05-2025
- Business
- Yahoo
Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments
ABU DHABI, UAE, May 11, 2025 /PRNewswire/ -- An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters. The Abu Dhabi economic delegation, comprising representatives from more than 80 public sector entities, private enterprises, SMEs, and startups, engaged in high-level meetings with top government officials, key businesses and investors in Japan, exploring collaboration opportunities in across key sectors including life sciences, carbon-neutral technologies, AI, digital infrastructure, robotics, advanced manufacturing, and financial services. The delegation visited Expo 2025 Osaka and SusHi Tech – Tokyo, and organised the 11th Abu Dhabi Japan Economic Council (ADJEC) meeting, the Abu Dhabi Investment Forum (ADIF) and Abu Dhabi-Japan Business Forum, highlighting cooperation opportunities and the role of Abu Dhabi's 'Falcon Economy' initiatives in accelerating transition towards a smart, diversified, and sustainable development. 12 homegrown startups, supported by Hub71 and Khalifa Fund, participated in SusHi Tech- Tokyo, Asia's premier startup and innovation conference, highlighting Abu Dhabi's tech talent, solutions, and investment opportunities in innovation-driven industries. Organised in partnership with the UAE Embassy in Tokyo, the visit included meetings with H.E. Hirofumi Yoshimura, Governor of Osaka, H.E. Yuriko Koike, Governor of Tokyo, H.E. Nobuhiko Yamaguchi, Vice Governor of Osaka, H.E. Ogushi Masaki, State Minister of Economy, Trade and Industry, H.E. Takeuchi Shinji, Parliamentary Vice-Minister of Economy, Trade and Industry (METI), and H.E. H.E. Kodaira Nobuyori, President of the Japan Cooperation Center for the Middle East (JCCME). The delegation also met senior officials and executives of the Osaka Chamber of Commerce and Industry, Japan Business Federation (Keidanren), Sumitomo Corporation, Cosmo Energy, ITOCHU, and Toshiba. His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: "Guided by our leadership's ambitious vision, we are doubling down on our efforts to future-proof the economy and cement Abu Dhabi's stature as a rising economic powerhouse and a global hub for talent, business, investment, and trade". "Our visit to Japan presented a valuable opportunity to further strengthen our longstanding partnership by exploring new avenues of collaboration in various sectors. The agreements signed during this visit reinforce our commitment to deepening partnerships across priority industries and clusters to address giga shifts in the global economy. We remain committed to enhancing cooperation with key economies and trading partners, making human development and sustainability our top priorities to shape a brighter tomorrow". The agreements signed during the visit included a strategic partnership for smart mobility solutions between Emirates Driving Company and Zenmov, a leading company in smart mobility solutions, and Abu Dhabi Chamber and the Japan External Trade Organization (JETRO) agreement to deepen business relations and create new opportunities for collaboration. In addition, the Emirates Foundation's Nema initiative and Japan International Cooperation Center (JICE) inked an agreement to bolster cooperation to support achieving Nema's goal of reducing food loss and waste by 50 percent by 2030, in line with the UAE's National Food Security Strategy 2051 and U.N. Sustainable Development Goals. His Excellency Shihab Ahmed Alfaheem, Ambassador of the UAE to Japan, said: "The visit of the Abu Dhabi economic delegation to Japan underscores the strength and strategic depth of the UAE–Japan relationship — one that is rooted in decades of trust and collaboration, and now firmly focused on the future. Japan's global leadership in digital innovation, smart infrastructure, sustainable mobility, and advanced manufacturing aligns closely with Abu Dhabi's economic diversification goals and its ambition to build a resilient, knowledge-based, and climate-conscious economy." H.E. Alfaheem added: "This mission represents a pivotal moment in our bilateral ties, as we prepare to activate transformative frameworks such as the Comprehensive Economic Partnership Agreement (CEPA). CEPA will provide unprecedented access to markets, streamline cross-border investment, and facilitate greater technological exchange between our nations. It is through such frameworks that we will unlock the full potential of UAE–Japan collaboration across sectors — from clean energy and AI to startups and industrial R&D. The UAE Embassy in Tokyo is proud to support this high-level engagement. We remain committed to fostering meaningful partnerships between Emirati and Japanese institutions, and to advancing shared priorities that will shape the next era of sustainable, innovation-led growth." Bilateral trade between the UAE and Japan rose 4.8 percent to AED 182.4 billion (USD 49.7 billion) in 2024, compared to AED 174 billion (USD 47.4 billion) in 2023, while non-oil trade grew 2.2 percent over the same period, reflecting growing ties between the two economies. UAE investment in Japan has increased 100% over the past five years, while the country accounts for 80 percent of Japanese investments in the Middle East. The Abu Dhabi economic delegation included senior officials and executives from government entities, private sector's companies, and startups, including the Department of Culture and Tourism – Abu Dhabi, Abu Dhabi Securities Exchange (ADX), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Khalifa Fund for Enterprise Development, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, KEZAD, Hub71, Abu Dhabi Airports, and major companies from different sectors. SOURCE Abu Dhabi Department of Economic Development Sign in to access your portfolio
