Tag Archives: HE Sultan Bin Saeed Al Mansouri

The first flight took off from Dubai to Beirut 10 years ago in 2009, marking a new chapter in aviation in the history of the United Arab Emirates; today 10 years later flydubai celebrates a milestone carrying over 70 million passengers in its short span of operations. Commenting on the 10th year anniversary of the start of flydubai’s operations, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, said, “For many years the Government of Dubai recognised the need for another carrier to serve our country. In 2009, we were able to achieve this thanks to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. flydubai was launched with a mandate to open new markets and make travel more accessible to more people. I am happy to see flydubai deliver on that commitment which has seen the airline connect 71 previously underserved cities to Dubai allowing a population of 1.5 billion easier access to one of the world’s leading aviation hubs.” HE Sultan bin Saeed Al Mansouri, UAE Minister of Economy, said, “The UAE is leading on the global air transport front and the aviation sector has been a major contributor to the overall national economy. The sector has successfully enabled the creation of an attractive environment for trade, investment and tourism to flourish.” Reflecting on the last 10 years and looking to the years ahead, Ghaith Al Ghaith, Chief Executive Officer of flydubai, said, “flydubai’s commitment to making travel more convenient and more affordable has only grown stronger over the past 10 years. We are pleased to see that more than 70 million passengers …

The fourth edition of the two-day Sharjah FDI Forum titled ‘Shaping the Future of Economies’, got underway in the presence of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah. The event opened with optimistic comments by the HE Sultan Bin Saeed Al Mansouri, Minister of Economy, the UAE, and the Shurooq Executive Chairman about the nation’s readiness to promote foreign direct investments (FDIs) as an enabler of sustainable development, despite the slump experienced globally – especially in developed economies – in 2017. Al Mansouri shed light on how the new UAE Investment law has come into force to consolidate the nation’s position for FDI both regionally and globally, in line with the UAE Vision 2021 and the UN Sustainable Development Goals 2030. Global flows of foreign direct investment (FDI) fell by 16 per cent in 2017 to an estimated US$1.52 trillion, from a revised US$1.81 trillion in 2016, according to the latest World Investment Report. The Economic Minister cited examples like the approval of 10-year visas for those in the fields of science, technology; new stimulus packages like bank guarantees; flexible remittances; 100 per cent business ownership by foreign investors; the promotion of entrepreneurship, technology transfer, and building capacities of national cadres. Al Mansouri remarked, “There is a need to promote cooperation and dialogue to turn this negative decline around. The UAE has number 1 position in FDI in the Arab region. It is forums like this that offer a platform for the same, and will contribute to mapping of FDI in Sharjah and the UAE.” He explained that the UAE Agenda 2021 has a focus on attracting qualitative investments targeted towards achieving sustainable …