Page 29 - MOE ENGLISH PR REPORT - JUNE 2024

Press Release

bin Sultan Al Nahyan, founding father of the UAE, continued under the late Sheikh Khalifa bin

Zayed, , and gained further momentum in the era of High Highness Sheikh Mohammed bin Zayed
Al Nahyan, President of the UAE,” His Excellency added.

Al Hamli thanked the leadership and government of Turkmenistan for their efforts in fostering

bilateral relations and enhancing cooperation opportunities with the UAE.

The UAE Delegation Participates in the UAE-Turkmenistan Business Forum

The visit of His Excellency Abdulla bin Touq Al Marri-led delegation is part of its participation in
the UAE-Turkmenistan Business Forum held on June 24-25. The Forum aims to promote economic

and business opportunities in both countries, enhance communication between their business
communities, and foster new partnerships at both public and private levels. These efforts are

expected to bolster trade and investment exchanges in the future.

“The UAE-Turkmenistan Business Forum serves as a crucial platform to enhance economic

partnership between the two countries. It aims to expand cooperation by exploring economic
opportunities, nurturing trade growth, promoting collaboration across various sectors of mutual

interest, while supporting future development and entrepreneurial goals to sustain and boost
economic growth,” Bin Touq stated during the meeting.

H.E also highlighted recent advancements in the UAE’s business environment and economy,

following the adoption of flexible and competitive economic regulations, policies, and strategies,

including developing a strong and sustainable economic ecosystem and strengthening state-of-the-
art infrastructure aligned with global standards. Bin Touq asserted that efforts have been made to

diversify the national economy, with non-oil sectors now constituting over 74 per cent of UAE's

GDP. These efforts, H.E said include providing the private sector with monetary and financial
instruments to address periodic economic fluctuations and ensure financial sustainability, as well

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