UAE Minister of State for Entrepreneurship and SMEs, Dr Ahmed Belhoul Al Falasi, has held wide-ranging talks with the UK Minister for Business, Energy and Industrial Strategy.
Dr Al Falasi and Lord Gerald Edgar Grimstone discussed the implications of the COVID-19 pandemic, Brexit and expanding economic ties during their online meeting.
They also examined diversifying their partnerships in small and medium-sized enterprises and tourism.
Dr Al Falasi highlighted the UAE’s keenness to strengthen cooperation and develop a strategic partnership between the two countries in advanced sectors.
"The tourism sector is one of the drivers of economic development in the UAE and one of the key areas of cooperation between the two countries. The UAE received around 1.4 million visitors from Britain in 2019, and UK citizens accounted for some seven per cent of hotel guests in the UAE during the same year," he said.
The International Defence Conference 2025 commenced on Sunday at Emirates Palace in Abu Dhabi, bringing together defence and security leaders, experts, and companies from around the world to discuss key challenges and opportunities in the sector.
Ahmed bin Saeed chaired the Dubai Supreme Council of Energy meeting on Sunday, which reviewed progress in carbon emission reduction technologies in alignment with the UAE’s Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030.
OpenAI has rejected a $97.4 billion (AED 357 billion) bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.
AD Ports Group has announced its preliminary unaudited financial results for the fourth quarter and full year ending December 2024, and saw revenue increase 48 per cent year-on-year (YoY) to AED 17.29 billion.
Air Arabia has announced its financial and operational results for the full year ending December 31, 2024, posting a record pre-tax net profit of AED 1.6 billion, reflecting a four per cent increase compared to AED 1.5 billion in 2023.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Denis Manturov, First Deputy Prime Minister of the Russian Federation, in Abu Dhabi on Sunday.
The United Arab Emirates has strongly condemned the attack that set fire to a convoy of the United Nations Interim Force in Lebanon (UNIFIL), near Beirut Airport, which led to the injury of a member of the international force.