UAE, Ireland to stimulate investment exchanges

UAE, Ireland to stimulate investment exchanges

DUBAI - Abdullah bin Touq Al Marri, Minister of Economy, has highlighted the strong and solid relations shared between the UAE and Ireland with Dara Calleary, Irish Minister of State for Trade Promotion and Digital Transformation.

In a meeting with Calleary - during the Irish government trade mission visit to the UAE - Al Marri said that these ties are founded on the shared visions of the UAE and Irish leaderships on all issues and sectors of cooperation in a way that supports the development goals of both nations and contributes to the prosperity of their peoples.

Bin Touq said, "We are keen to bolster joint mechanisms to increase trade exchanges with Ireland, stimulate mutual investment flows and diversify them to include areas of the new economy, including AI, space industry, FinTech, and entrepreneurship, among others. The UAE is also keen to create new opportunities for partnership in the next stage in line with our new economic model based on knowledge and innovation, which aligns with Ireland's goals and efforts in digital transformation."

The meeting saw the two ministers explore means to diversify existing economic relations and strengthen private-sector partnerships in new economic fields. They also discussed new investment opportunities in areas of