Page 723 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

in shared priority sectors, including aviation, clean and renewable energy, the new economy,
advanced technology, investment, digital sectors, healthcare, infrastructure, tourism, and
modern agriculture.
H.E. Bin Touq emphasized the rapid expansion of UAE – Portuguese economic relations,
highlighting the wealth of opportunities to strengthen collaboration across key development
sectors, particularly on economic and investment fronts. He noted that the UAE views
Portugal as a dynamic and vital economy in the Eurozone and is keen to further advance
economic cooperation.

H.E. pointed out that the UAE’s hosting of the fourth edition of GISS solidifies its position as
a regional and global leader in the civil aviation sector. The event serves as a key platform to
enhance dialogue and cooperation with international stakeholders to support and advance this
vital economic sector. This aligns with the UAE’s vision to transition to a more resilient and
sustainable economic model while also reinforcing global efforts to achieve net zero
emissions from aviation by 2050.

H.E. Bin Touq said: “The UAE remains committed to expanding its international
partnerships across diverse economic sectors and strengthening cooperation with promising
markets such as Portugal. Both countries have significant potential to develop high-value
investment projects, particularly in new economy sectors, while also advancing global efforts
to enhance the safety, security, and sustainability of civil aviation. This is especially vital as
the international aviation industry works toward forging a unified global approach to
alternative low-carbon fuels and accelerating their production in the years ahead.”
H.E. added: “The UAE is steadfast in its pursuit of a dynamic, future-ready investment
landscape that reinforces the attractiveness of its national economy. We remain committed to
strengthening strategic partnerships with countries around the world, in line with the
objectives of the ‘We the UAE 2031’ vision, which aims to double the country’s GDP and
bolster its economic competitiveness on the global stage.”
The meeting emphasized the importance of prioritizing future collaboration and knowledge
exchange across key economic sectors of shared interest, including the integration of AI
technologies into civil aviation, tourism, and hospitality. It also explored opportunities to
expand investments in renewable energy, circular and green economies, and knowledge
sharing in innovation and fintech, while fostering deeper private sector partnerships.
Additionally, it underscored the need to enhance tourism cooperation, increase investments in
the hospitality sector, and accelerate the development of smart and modern agriculture
projects, as well as sustainability and circular economy sectors.

https://www.traveldailynews.com/meetings-events/uae-and-portugal-explore-ways-to-enhance-
cooperation-in-civil-aviation-tourism-clean-energy-advanced-technology/