A partnership agreement will promote trade by offering incentives to dealers, creating new investment opportunities, and mutually raising the trade value between two countries.
In addition to the economic collaboration, the leaders discussed a variety of economic and civic issues in which there has been significant progress in the past year, including private and public sector cooperation in R&D, technology, food security, climate, water, energy, environment, health and tourism.
A joint development fund was also announced to tackle climate change and desertification. Commercialising solutions to these challenges are in the works.
These deals are being built on the foundations of interfaith tolerance and the increased development of ties between residents of the two countries.
The UAE has announced a long-term residency scheme for individuals who have made exceptional contributions to environmental protection, sustainability, circular economy and related areas.
The Earth-observation satellite MBZ-SAT is set to be launched no earlier than October 2024, marking a significant milestone in the UAE's space endeavours.
UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed health ministers and officials to Qasr Al Bahr in Abu Dhabi on Tuesday, for the first Abu Dhabi Global Healthcare Week.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai have discussed a number of important national issues.
Conservation experts and nature enthusiasts have come together in a global 24-hour live stream for the first-ever World Species Congress, which kicked off on May 15.