Page 525 - MOE ENGLISH PR REPORT - AUGUST 2024
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8/14/24, 2:49 PM UAE And Azerbaijan Agree To Develop Economic Partnership In The Sectors Of Entrepreneurship, Tourism, New Economy, Techno…
reflecting a 62 per cent growth compared to the same period in 2023.
The UAE's investments in Azerbaijan are estimated at USD 1.1 billion by the end of 2022,
which makes the UAE the largest Arab and seventh largest global investor in Azerbaijan.
Meanwhile, Azerbaijani investments in the UAE amounted to over USD 210 million as of the
end of 2021.
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