UAE, Saudi can create historic opportunities for region: UAE vice president

February 22, 2017

Dubai, Feb 22: Combining the capabilities of the United Arab Emirates (UAE) and Saudi Arabia can create historic opportunities for their peoples and the whole region, said Sheikh Mohammed bin Rashid Al-Maktoum, UAE vice president and prime minister, and ruler of Dubai, WAM reported on Tuesday.

UAEHe was speaking at a joint retreat on Saadiyat Island, attended by some 150 Emirati and Saudi officials to discuss the best ways to advance bilateral relations.

Called Al-Azm, or determination in Arabic, the retreat sought to turn agreements and understandings into tangible field projects that will benefit the peoples of the two countries and achieve a new level of exceptional bilateral relations, he added.

The retreat was held following directives from UAE President Sheikh Khalifa bin Zayed Al-Nahyan and Saudi King Salman to enhance historic ties and draw a roadmap to develop them in the long term.

UAE Deputy Prime Minister Sheikh Mansour bin Zayed and Mohammed bin Salman, Saudi deputy crown prince and chairman of the Council for Economic and Development Affairs, co-chaired the retreat, held as one in a series of joint meetings aimed at intensifying cooperation and consultations in several spheres.

Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum, Emirati and Saudi ministers and senior officials took part.

“Through our integration, solidarity and unity, we can protect our gains, enhance our economies and build a better future for our people,” Sheikh Mohammed said.

“I am optimistic about the young leaders responsible for the quest for integration between the two countries, namely Deputy Crown Prince Mohammed bin Salman, and H.H. Sheikh Mansour bin Zayed Al Nahyan.”

Sheikh Mohammed added: “Chairing the Emirati delegation is the best guarantee for the success of this quest. We have great confidence in his ability to lead this historic progress between the two countries.”

Sheikh Mansour described Emirati-Saudi relations as “strong, but the leadership wants them to be exceptional and exemplary and moving toward a new, different and integrational level.”

He said: “His Highness Sheikh Mohammed bin Rashid and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, are closely following up on all the steps of co-operation between the two countries and have directed the speeding up of this blessed quest.”

He added: “We are the largest two Arab economies, have the most modern forces in terms of arms, form one social fabric and have leaders who want co-operation to go further, and people who want further integration.”

The combined gross domestic product (GDP) of the UAE and Saudi Arabia stands at $1 trillion, the largest in the Middle East, with $713 billion in exports, the fourth-largest globally. Bilateral trade amounted to AED84 billion ($23 billion), Sheikh Mansour said.

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Agencies
June 22,2020

Riyadh, Jun 22: The Ministry of Municipal and Rural Affairs (MMRA) in Saudi Arabia has announced the continuation of the ban on providing Shisha (hubble-bubble), and the closure of children's play areas in restaurants as a precautionary measure for protecting the health of citizens and residents from the novel coronavirus COVID-19 infection.

The new stage, in which the Kingdom is beginning to coexist with the virus, focuses on the concept of "social distancing" that has emerged since the start of the coronavirus crisis throughout the world,

It stipulates leaving at least 2 meters between one person and the other in public places to prevent the transmission of infection, in addition to covering the mouth and nose by wearing a facemask.

It also specifies complying with the preventive protocols in workplaces, stores, shops, mosques and tourist attractions, with human gatherings not to exceed 50 people, as a maximum.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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News Network
March 18,2020

Riyadh, Mar 18: Private-sector businesses in Saudi Arabia on Wednesday were ordered to introduce enforced remote working for all employees for 15 days in an attempt to prevent the spread of the coronavirus.

Businesses that require staff to be physically present to ensure they continue to operate — including those in vital or sensitive sectors such as electricity, water and communications — must reduce the number of workers in their offices to the bare minimum. This can be no more than 40 percent of the total number of staff.

In such cases precautionary measures set by the Ministry of Health must be followed. At offices, and staff accommodation, with more than 50 workers, an area at the entrance must be provided where temperatures can be taken and symptoms checked.

Employers must also set up a mechanism for workers to report any symptoms, such as high temperature, coughing or shortness of breath, or contact they have had with infected individuals or people who recently returned from other countries without following proper Ministry of Health quarantine procedures.

Inside offices, a safe amount of space between employees must be maintained at all times. In addition, all health clubs and nurseries provided by employers must close.

Pregnant women and new mothers, people suffering from respiratory diseases, those with immune-system problems or chronic conditions, cancer patients and employees above the age of 55 are to be given 14 days compulsory paid leave, which will not be deducted from their annual entitlement.

Businesses that are excluded from the new measures include pharmacies and supermarkets, and their suppliers. Private-sector organizations that provide services to government agencies must contact them before suspending workplace attendance. Any other business that considers it impossible to operate with only 40 percent of staff in the workplace must submit an exemption request to the authority that supervises it.

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