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
  • Gulf News

  • Shaikh Mohammad called on German investors and medium and small-size companies to boost their presence in different sectors of the UAE economy.
  • Image Credit: WAM

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.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

Related Articles

  1. Mohammad Bin Rashid leaves for Germany

    Mohammad Bin Rashid leaves for Germany

  2. Mohammad's Germany visit to focus on trade agreements

    Mohammad's Germany visit to focus on trade agreements

  3. Trade at top of Mohammad's agenda

    Trade at top of Mohammad's agenda

    Trade at top of Mohammad's agenda

  4. Mohammad: Berlin air link will lift ties

    Mohammad: Berlin air link will lift ties

    Berlin air link will help lift bilateral relations, says Shaikh Mohammad

More from UAE Government

  1. Fatima: UAE's women are exercising full rights

  2. Rulers exchange Eid greetings

  3. Mohammad endorses Watani campaign

  4. Shaikh Khalifa receives Rulers

All articles in Government

More from UAE

Gulf News
Popular in UAE
Readers' pictures
Your pictures

Readers' pictures

A Selection of the best Gulf News reader pictures this week

Latest news
Community Reports

More from Community Reports

Weather

More from Weather