UAE one of most important Arab countries investing in Malaysia: Al Jarwan

UAE one of most important Arab countries investing in Malaysia: Al Jarwan

Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), said that the UAE is one of the most important Arab countries investing in Malaysia, as many Emirati companies own stakes in various investment projects in Malaysia.

Al Jarwan told the Emirates News Agency (WAM) that the UAEIIC is keen to explore prospects and opportunities for partnership in promising investment fields for the business community in the two countries’ markets. “On the bilateral level, the UAE in the aviation sector has provided a steady growth in the movement of tourist between the two countries, as national carriers operate about 20 flights to Malaysia per week, and there are many joint agreements such as the agreement of Avoidance of Double Taxation and the agreement to encourage and protect investment.”

Al Jarwan pointed out that the Emirati-Malaysian economic cooperation reflects the depth of their ties in light of the solid foundations on which the UAE bases its relations with the countries of the world, which are based on trust, mutual respect and common interests. “We look forward to more new opportunities for cooperation and sustainable development between the two countries,” he added.

On investment priority sectors between the UAE and Malaysia, Al Jarwan