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5/29/24, 3:45 PM H.E. bin Touq meets with Miami Business Council members as well as senior officials & investment funds in the states of Florida a…
laws were promulgated and updated over the past three years, strengthening the country’s efforts to

lead globally in the development of proactive legislation for new economic sectors by the next decade,

in light of the objectives of the ‘We the UAE 2031’ vision.

H.E. Bin Touq explained that the global economy is undergoing constant changes and transformations,

which prompts us to adopt flexible economic policies and motivate business communities to invest in

fast-growing sectors and explore opportunities in emerging markets, promote economic openness to the

world, and support economic clusters.

Meeting with Miami Beach Mayor

During the visit, H.E. Bin Touq met with H.E Steve Mainer, Mayor of Miami Beach, to discuss ways to

enhance economic cooperation in critical areas and sectors of shared interest, particularly technology,

circular economy, entrepreneurship, and small and medium enterprises.

The two sides also explored new mechanisms to support tourism cooperation, particularly as the UAE

and Miami enjoy unique natural tourism attractions such as beaches, mountain and recreational

tourism. The two sides agreed on the importance of increasing mutual tourist flows and reiterated

support for increasing the number of flights between them and promoting key tourism attractions on

both sides.

Visit to Miami University

H.E Bin Touq also visited the University of Miami’s technology incubator to learn about its successful

experiences in the fields of economics, scientific research, technology, and artificial intelligence. He

was received by Mr. Julio Frenk, President of the University of Miami, and a number of other

university officials. During a meeting, the two sides touched on the importance of taking advantage of
the rapid technological developments in promoting the future growth of startups and innovators and

providing them with all enablers for growth and prosperity. He added that the UAE offers a competitive

business environment for entrepreneurs and startups, and that for the third consecutive year, the country

ranked first in the Global Entrepreneurship Monitor (GEM) report 2023-2024, and as the best

destination to establish new businesses and economic activities.

Strengthening cooperation with the American private sector

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