Top officials during the event.
The economic relations between the UAE and South Korea have witnessed considerable development in all sectors. The volume of non-oil trade between the UAE and South Korea reached $4.9 billion in 2019,
The seventh session of the UAE-South Korea Joint Economic Committee (JEC) was held virtually, chaired by Abdulla Bin Touq Al Marri, UAE Minister of Economy; and Nam-Ki Hong, Korean Deputy Prime Minister and Minister of Economy and Finance,
Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, received Kwon Young-woo, Ambassador of the Republic of South Korea to the UAE, at the headquarters of the FNC in Abu Dhabi, in the presence of Ahmed Shabib Al Dhaheri, FNC Secretary-General and Amal Al Hadabi, Assistant Secretary-General for Parliamentary Communication Affairs.
The Sharjah Directorate of Public Works (SDPW), has completed a project for establishing the Grand Touristic Restaurant in Al Hisn Island, Dibba Al Hisn, worth Dhs10 million.
America’s economy has shown “marked improvement” since the coronavirus pandemic drove it into recession, but the path ahead remains uncertain and the US central bank will do more if needed, Federal Reserve Chair Jerome Powell
Ahmed Mahboob Musabih, Director-General of Dubai Customs said the non-oil trade between Dubai and Saudi Arabia amounted to Dhs500 billion ($136 billion) in the last ten years (2010-2020), which makes the kingdom Dubai’s biggest Arab trade partner and fifth globally.
Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, chaired a virtual meeting of the Industrial Coordination Council on Tuesday with the participation of Sarah Bint Yousif Al Amiri, Minister of State for Advanced Technology, and members of the Council.