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    Home » Mohammed bin Rashid Vows to Expand UAE’s Economic Ties With Africa – Business – Economy and Finance
    United Arab Emirates

    Mohammed bin Rashid Vows to Expand UAE’s Economic Ties With Africa – Business – Economy and Finance

    Kuwaiti TribuneBy Kuwaiti TribuneOctober 29, 2025No Comments3 Mins Read
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    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed the UAE’s dedication to strengthening its financial ties with the African continent, highlighting the numerous development alternatives and huge scope for funding throughout various sectors, and notably tourism. His Highness stated the continent’s wealth of pure assets and its ambition to realize sustainable tourism development aligned with the UAE’s imaginative and prescient for the way forward for international tourism.

    His Highness was assembly with delegates attending the UAE-Africa Tourism Funding Summit 2025, which opened on Monday below the theme ‘Constructing Bridges for Sustainable Development.’ The summit introduced collectively tourism ministers, authorities leaders, and traders from throughout Africa. The summit highlights the UAE’s management in shaping international tourism and selling sustainable, inclusive development.

    Through the assembly, which came about at Expo Metropolis Dubai, Sheikh Mohammed welcomed the delegates attending the summit to the UAE, emphasising the significance of shared visions and modern concepts to additional advance financial and improvement partnerships with African nations and to consolidate the foundations of current partnerships. His Highness stated that the tourism sector particularly offered important scope to drive sustainable development and cultural ties between peoples. 

    His Highness praised the rising position of the African continent in shaping the way forward for the worldwide financial system, and the plentiful alternatives and potential it offered. He emphasised that cooperation between the UAE and Africa in tourism funding represents an important mannequin for financial integration based mostly on a shared imaginative and prescient and mutual pursuits.

    His Highness stated: “Tourism is an important contributor to our nationwide financial system and a sector that provides large alternatives for continued development and new partnerships. The UAE-Africa partnership holds immense promise and has all the time been characterised by a shared perception in discovering new avenues for cooperation to form a greater tomorrow.”

    Broad continental participation

    Through the assembly, His Highness was briefed on the important thing areas of debate through the summit, which was attended by greater than 350 leaders, senior authorities officers, ministers, decision-makers, in addition to traders and entrepreneurs from the UAE and 53 African nations. The discussions targeted on steps to strengthen financial and tourism ties between the UAE and Africa and discover new areas to develop cooperation and drive development. This renewed impetus to broaden ties will serve to draw contemporary investments into various sectors, notably tourism, supporting the event aspirations of nations throughout the African continent. 

    The assembly was additionally attended by His Excellency Abdulla bin Touq Al Marri, Minister of Economic system and Tourism. On their half, tourism and funding ministers from Africa collaborating within the summit expressed their appreciation for the pioneering financial and improvement mannequin showcased by the UAE and its stature as a high international vacationer vacation spot. The delegates additionally praised the great financial improvement the UAE has achieved and the success of its tourism sector, saying that it supplied refreshing insights on attracting international investments and establishing world-class infrastructure. In addition they voiced hope that the UAE and African nations would be capable to determine new untapped avenues for collaboration and funding within the tourism sector, supporting complete improvement roadmaps on either side.

    Specializing in key areas of mutual curiosity, the UAE-Africa Tourism Funding Summit addresses important themes reminiscent of funding in tourism-related tasks, financing, infrastructure, hospitality, modern tourism providers, and sustainable improvement.

    Observe Emirates 24|7 on Google News.



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