abu dhabi serbia sign 1bn loan agreement
Last Updated : GMT 13:14:30
Arab Today, arab today
Arab Today, arab today

Strengthening cooperation and relationship ties

Abu Dhabi, Serbia sign $1bn loan agreement

Arab Today, arab today

Arab Today, arab today Abu Dhabi, Serbia sign $1bn loan agreement

Sheikh Mohamed bin Zayed Al Nahyan (R)
Abu Dhabi - Arab Today

Sheikh Mohamed bin Zayed Al Nahyan (R) Abu Dhabi - Arab Today The Department of Finance - Abu Dhabi (DoF) announced yesterday the signing of a loan agreement with the Republic of Serbia, providing the country a loan of US$1 billion. The deal was signed after the visit of Aleksandar Vucic, First Deputy Prime Minister of Serbia, to the U.A.E.. Vucic was received by His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the U.A.E. Armed Forces in Abu Dhabi. The agreement was signed in Abu Dhabi by Hamad Al Hurr Al Suwaidi, Chairman of the Department of Finance and Lazar Krstic, Serbian Finance Minister. The deal will contribute to strengthening cooperation and relationship ties between the U.A.E. and Serbia, serving the interests of both countries as well as encouraging private and public sectors within the U.A.E. to look for investment opportunities in Serbia. Al Suwaidi stated, "The relations between the U.A.E. and Serbia continue to grow in various sectors, whereby this agreement reflects the efforts of the two countries to further develop their mutual cooperation and bilateral relations. This agreement also falls in line with the directives, vision and wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the support of His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the U.A.E. Armed Forces." For his part, Krstic said, "This agreement reflects the significance and growth of bilateral relations between the two countries. This loan will provide new opportunities for cooperation and will develop economic and trade relations. It will support the Serbian economy and will provide numerous investment opportunities for the two sides. It will also support the goals of joint projects between the two countries." Serbia has a strategic geographic position in Europe and has great potential in the fields of industry, tourism, agriculture and production in addition to having competitive export policies and regulations within Europe and Russian Federation. The country offers investment opportunities in several areas such as technology, agriculture and organic farming as well as real estate construction, due to lower production costs and the availability of raw materials. In 2013, both the U.A.E. and the Republic of Serbia opened embassies in their respective capitals, a step which contributed to enhancing joint cooperation between the two countries in the fields of aerospace, renewable energy, telecoms and technology. Last year, Etihad Airways, the national air carrier of the U.A.E., acquired 49 per cent of Serbian airline JAT Airways, which was rebranded Air Serbia. Etihad Airways was awarded a five-year management contract of the Serbian national carrier. Serbia has also signed MoUs with a number of U.A.E.- based companies, including Mubadala, for the purpose of potential production of semiconductors and aircraft components. Source: WAM

arabstoday
arabstoday

GMT 12:59 2017 Thursday ,23 November

'Many' Fed members favor near-term rate hike

GMT 10:06 2017 Wednesday ,22 November

New Palestinian city rises

GMT 10:16 2017 Tuesday ,21 November

Amsterdam, Paris to host key EU agencies

GMT 14:28 2017 Monday ,20 November

US industry gears up to save NAFTA

GMT 02:56 2017 Saturday ,18 November

Moody's raises India rating, citing reforms

GMT 01:26 2017 Saturday ,18 November

Reports underline proliferation of weapons

GMT 01:28 2017 Friday ,17 November

Martin Lockheed Signs MoU with KACST

GMT 01:12 2017 Thursday ,16 November

Oil producers extend production cuts
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

abu dhabi serbia sign 1bn loan agreement abu dhabi serbia sign 1bn loan agreement

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

abu dhabi serbia sign 1bn loan agreement abu dhabi serbia sign 1bn loan agreement

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Online exhibit shows hidden depths of

GMT 11:45 2017 Thursday ,23 November

Online exhibit shows hidden depths of
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday