Ministry of Foreign Affairs and International Cooperation organises “Morning Multaqa” to promote investment.

The Ministry of Foreign Affairs and International Cooperation yesterday hosted the third “Morning Multaqa” (Morning Forum), which gathered ambassadors and heads of foreign missions in the country.

The forum, which was held at the Martyrs’ Hall at the ministry’s headquarters, with the attendance of representatives of major national companies from the telecommunications and information sector, was an opportunity for dialogue and exchanging knowledge about the UAE’s business environment and investment opportunities, as well as for discussing means of strengthening bilateral relations.

The forum included an opening speech by Mohammed Sharaf, UAE Assistant Minister of Foreign Affairs and International Cooperation for Economic and Trade Affairs, where he welcomed the forum’s participants while affirming the ministry’s role in supporting Emirati investments abroad and providing opportunities for co-operation and commercial exchange between the UAE and other countries.

Sharaf also explained the UAE’s recent economic developments and accomplishments, despite the challenges posed by global economic crises while pointing out that the UAE has occupied the first position in terms of attracting foreign direct investment, FDI, in the Arab region. The UAE Government aims to promote its stature as an international centre for foreign investments, and organise major international events and conferences, he added.

“Etisalat” and “du” conducted introductory presentations that addressed the opportunities and challenges facing the UAE’s telecommunications sector, and demonstrated the technological developments that impact the growth of this sector. They also highlighted promising strategies and growth opportunities in the sector.

The forum aims to improve communications, build relations and promote local UAE companies’ businesses, as well as enabling them to learn about possible cooperation and investments in other countries.

It also aims to strengthen the UAE’s economic vision, by helping to create a knowledge-based economy, developing skills and attracting investment, as well as promoting the Expo 2020 Dubai.

The forum is being held on a monthly basis in 2018, as part of the ministry’s efforts to stimulate the national economy and create an investment-friendly environment supported by robust, enabling legislation.

Source: UAE Ministry of Foreign Affairs