Connect with us

Politics

UAE announces $ 10 billion investment in Indonesia on instructions from Mohamed bin Zayeds

Avatar

Published

on


File image used for illustration purposes only: [2019] Sheikh Mohamed Bin Zayed and Joko Widodo plant a Damar tree, symbolizing the depth of ties between the UAE and Indonesia.
Image Credit: WAM

ABU DHABI: Pursuant to directives from His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has announced that it will invest US $ 10 billion in the sovereign wealth fund Indonesian. Indonesian Investment Authority.

Investments will focus on strategic sectors in Indonesia including infrastructure, roads, ports, tourism, agriculture and other promising sectors that have growth potential and can contribute to growth as well as progress. Economic and Social.

Joko Widodo, President of Indonesia, last month announced the members of the Board of Supervisors and the Board of Directors of the Indonesia Investment Authority, which was formed under the Omnibus Law on Establishment of jobs adopted in October 2020.

The establishment of the council is seen as a turning point in the governance and development of the investment system in Indonesia. The Indonesian sovereign wealth fund aims to implement strategic projects that support national development, including infrastructure development and the construction of the new capital in Kalimantan.

The United Arab Emirates and Indonesia enjoy strong political, economic and cultural ties. Official diplomatic relations between the two countries began in 1976, with the opening of the Indonesian Embassy in Abu Dhabi on October 28, 1978. The United Arab Emirates Embassy in Jakarta was inaugurated in 1991, following of a historic visit by the late Sheikh Zayed bin Sultan Al Nahyan to Indonesia in 1990.

Relations between the two countries have grown tremendously in recent years with an increase in mutual visits by senior leaders and officials, including the visit of Indonesian President Joko Widodo in September 2015 to the United Arab Emirates and the Sheikh’s visit. Mohamed. bin Zayed Al Nahyan in Indonesia in July 2019.

The two countries have signed several agreements and cooperation agreements. The two sides recently concluded the UAE-Indonesia Week 2021, during which several cooperation agreements were signed regarding ports, logistics, strategic and defense industries, energy, tourism, creative economy and mangrove farms. In terms of trade and economic relations, growth has been remarkable, with trade volume reaching around US $ 3.7 billion.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]