, Online Press Release from Abu Dhabi and Al Ain
Government Sector(Government, Legal & Humanity)
Filter PR by
ADFD Participates in the Plenary Session of the Council of Foreign Investors in Uzbekistan

ABU DHABI, 18th November 2022 – Abu Dhabi Fund for Development participated in the first plenary session of the Council of Foreign Investors in Uzbekistan, which was held this week under the chairmanship of His Excellency Shavkat Mirziyoyev, President of Uzbekistan. 

The discussions focused on fostering economic development in Uzbekistan by facilitating investment in various fields and enabling investors to overcome obstacles. Many development institutions and international financial organizations participated in the conference.

Addressing the conference, H.E. Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, highlighted the special bonds between the UAE and Uzbekistan that have remarkably strengthened over the past decade. “Thanks to the visionary leaders of the two nations, the UAE and Uzbekistan have steadily expanded their strategic cooperation across priority sectors in the mutual interest. We hope that our joint efforts will enable us to take the relations to the next level, in line with the aspirations of the leaders of our two countries,” he said.
H.E. Al Suwaidi expressed appreciation for the government of Uzbekistan for creating a competitive environment for foreign investors in the country, as he underlined ADFD’s contributions to promoting economic sustainability and stimulating development in Uzbekistan through the Abu Dhabi Uzbek Investment Company, which the Fund established in 2019 with a 75% contribution to the total capital. The aim of the entity is to support investment in such vital sectors as tourism, agriculture, and transport, and finance medium and small projects in cooperation with local banks in Uzbekistan. In addition, ADFD financed several development projects that contributed to the development of infrastructure, agriculture and achieving economic and social development in Uzbekistan.
The Foreign Investors Council, an advisory body headed by the President of Uzbekistan, was established to drive foreign investment, create a more favorable environment for doing business, implement promising projects, adopt global best practices, and reap commercial benefits from international experiences. 


Posted by : Abu Dhabi and Al Ain PR Network Editorial Team
Viewed 119 times
PR Category : Government, Legal & Humanity
Posted on : Friday, November 18, 2022  5:41:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : ADX Hosts Top Celebrities and Business Magnates from Expansi...
Next Story : Ministry of Economy honors 35 UAE companies that completed S...
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
Easy 5-Minute Halloween Look with CATRICE! [8104-Views]
Pandora Teams Up with a New Collective of Creatives for Pandora ME [7359-Views]
The Ultimate Halloween Makeup Guide Using Essence Products [6532-Views]
Made To Be Different With Pandora Me [5987-Views]
Samsung Showcases Evolution of SmartThings and Introduces New Device Experiences at SDC22 [5200-Views]
Your Autumn/Winter Guide from Essence is Here [5046-Views]
LG Announces Third-Quarter 2022 Financial Results [4912-Views]
Pandora Launch a New Limited-Edition Charm in Support of UNICEF Giving Young Voices the Chance to Th... [4522-Views]
Fall in Love with Catrice [4432-Views]
When It's Filled with Love and Meaning, It's More than a Gift [3914-Views]
Ogilvy Celebrates a giant performance at this year's LIA's – Including awards for Global Network of... [3527-Views]
Abu Dhabi Department of Energy inks MoU with Cyber Security Council to bolster security of the UAE's... [2144-Views]
ADNOC Distribution Announces Record Earnings for First Nine Months of 2022 [2053-Views]
The Face Shop Introduces Vegan Skincare in the UAE [1894-Views]
Energy World To Descend On Abu Dhabi For ADIPEC 2022 To Tackle Challenge Of Energy Security and Sust... [1886-Views]
KnowTalks 2022 discuss ‘Enabling the Private Sector's Participation in Development' and ‘Bioinformat... [1873-Views]
Etihad Airways and World Energy Collaborate To Demonstrate The Future Of Net Zero Aviation With Zero... [1395-Views]
Wizz Air Abu Dhabi Commences Its First Flight to Kuwait [1213-Views]
Cepsa and Etihad Join Forces to Accelerate the Decarbonisation of Air Transport [1145-Views]
Team Abu Dhabi Duo Ready For Big World Title Battle In Italy [1103-Views]
RSS Facebook Twitter LinkedDin on Instagram
Top Sections
Top Stories