UAE | Government
Mohammad Bin Rashid meets German business leaders
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai who is on a two-day official visit to Germany, on Thursday met German business leaders in Berlin.
- WAM
- Published: 15:24 February 7, 2008
- Image Credit: WAM
- Shaikh Mohammad called on German investors and medium and small-size companies to boost their presence in different sectors of the UAE economy.
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai who is on a two-day official visit to Germany, on Thursday met German business leaders in Berlin.
Shaikh Mohammad called on German investors and medium and small-size companies to boost their presence in different sectors of the UAE economy, which he said offers a host of profitable investment potentials.
He further called on Germany's private sector leaders to develop the existing level of the UAE-Germany economic partnership, urging them to tap mutual investment schemes.
Wolfgang Tiefensee, German Federal Minister of Transport, Building and Urban Affairs, hailed Shaikh Mohammad's vision and his keen efforts to build new bridges between the UAE and Germany.
The German Minister said Shaikh Mohammad's current Germany visit is true demonstration of his far-sighted vision of the future of bilateral relations as well as his efforts to further promote them to achieve a significant partnership that Germany looks forward to.
Representatives of Germany's financial, banking, energy and higher education sectors expressed willingness to invest in the UAE. They said Berlin, in particular, has special ties with Dubai, which is the world's fastest-growing city.
Speakers also hailed the UAE investment laws, which they said were attractive to foreign investors.
Shaikha Lubna Al Qasimi, Minister of Economy, stressed that the UAE welcomes investors looking forward to tap investment potentials to the best interest of both countries.
She elaborated on the UAE economic growth and volumes of domestic and foreign investments, further highlighting the available investment opportunities in the UAE.
Salah Salim Al Shamsi, Chairman of the UAE Federation of Chambers of Commerce and Industry, underscored join efforts to find invest opportunities for private sector in both the UAE and Germany.
Latest news
- Strong winds and haze expected in the UAE
- Dubai Police deny reports of Burj Khalifa fire
- New road eases traffic problems in Dubai
- Abu Dhabi hosts strong man contest
- Farmers to be taught techniques to improve yield
- Keep recycling bins open
- President of Wollongong varsity about his plans
- Challenging role in Libya
- Parachuting event promises rich fare
- UAE ministry backs efficacy of Tas'heel system
- UAE students on research trip to Antarctica
- Brothers held in Sharjah for possessing heroin
- Fund drive for displaced Syrians launched
- FNC has kept pace with development — Al Murr
- Reader’s issue resolved
Community Reports
-
Keep recycling bins open
People should be allowed to do their part as the world moves towards a greener future
-
Bridges needed
Al Ittihad Road has no pedestrian facilities as one nears Sharjah
-
Street lights needed
Authorities urged to act with haste before a major accident occurs in Al Nahda, Dubai
-
Motorists ignore stop sign on buses
Overtaking school vehicles can put students' lives at risk
