Arab Today, arab today abu dhabi serbia sign 1bn loan agreement
Last Updated : GMT 21:38:38
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

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*

Arab Today, arab today abu dhabi serbia sign 1bn loan agreement Arab Today, arab today abu dhabi serbia sign 1bn loan agreement

 



Arab Today, arab today
Arab Today, arab today US, Britain ban laptops on flights

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Hezbollah commander killed by own men

GMT 07:43 2017 Wednesday ,22 March

Hezbollah commander killed by own men
Arab Today, arab today Tunisian media host praises her new experience

GMT 12:35 2017 Wednesday ,15 March

Tunisian media host praises her new experience
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Palestinian police wage war

GMT 07:53 2017 Friday ,17 March

Palestinian police wage war
Arab Today, arab today Dalia Mustafa believes in the presence of ghosts

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 14:17 2017 Monday ,20 March

Cholesterol-slashing drug not impair brain

GMT 17:08 2017 Saturday ,18 March

Reveals secrets of tourism flights to space

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 15:42 2017 Saturday ,18 March

HTC U Play now available in KSA

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
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