UAE
UAE's long-ailing leader Sheikh Khalifa bin Zayed dies at 73
The United Arab Emirates' long-ailing ruler, Sheikh Khalifa bin Zayed Al Nahyan, died Friday, the government announced in a brief statement. He was 73.
Khalifa, the president of the UAE, oversaw much of the country’s blistering economic growth and his name was immortalized on the world’s tallest building, the Burj Khalifa, after bailing out debt-crippled Dubai during its financial crisis over a decade ago.
The UAE’s Ministry of Presidential Affairs announced a 40-day period of mourning and a three-day suspension of work across the government and private sector, including flags to be flown at half-staff.
He had long ceased having involvement in the day-to-day affairs of ruling the country. His half-brother, Abu Dhabi Crown Prince Mohammed bin Zayed, was seen as the country's powerful de-factor ruler and the decision-maker of major foreign policy decisions, such as joining a Saudi-led war in Yemen and spearheading an embargo on neighboring Qatar in recent years.
There was no immediate announcement about a successor, although Mohammed bin Zayed is anticipated to claim the presidency as Abu Dhabi’s crown prince.
There has been only one other transition of presidential power, following the 2004 death of Sheikh Khalifa’s father, Sheikh Zayed bin Sultan Al Nahyan, who is widely revered by Emiratis as the country’s founding father. The country was founded in 1971, having recently marked its 50-year-anniversary.
Sheikh Khalifa suffered a stroke and underwent emergency surgery a decade after he became president. He has largely been out of public sight since.
In 2017, 2018 and 2019, Emirati state media published rare photographs and video of Sheikh Khalifa. In the latest images, he wore white sneakers and a white traditional robe as he greeted Sheikh Mohammed and other rulers in the Emirates.
“The Emirates lost its righteous son, the leader of the ‘period of empowerment’ and the trustee of its blessed journey,” Sheikh Mohammed bin Zayed wrote on Twitter after news of his brother's death was officially announced across state media.
“Khalifa bin Zayed, my brother, my mentor and my teacher, may God bestow his vast mercy on you, his pleasure and his paradise,” he added.
The late president, who is the eldest son of the UAE’s first leader since its formation in 1971, held the most powerful position among the seven semi-autonomous city-states stretching along the shores of the Persian Gulf and the Gulf of Oman. His role as president derived from his standing as hereditary ruler of Abu Dhabi, the UAE’s largest and richest emirate. Abu Dhabi serves as home to the federal capital.
READ: Bangladesh announces one-day mourning for Bahrain PM Sheikh Khalifa
Historically, the president of the UAE is from Abu Dhabi and the prime minister is from Dubai, with the two overseeing the country’s affairs.
The country's regional power and influence emanates from Abu Dhabi, which has most of the country’s oil and gas reserves. Dubai, however, provides the UAE with a swirl of publicity and headline-grabbing lifestyle and entertainment stories that rights groups say distracts from controversial policies decided in Abu Dhabi.
Despite its size and wealth, Abu Dhabi often finds itself overshadowed by the glitzy neighboring emirate of Dubai, the Middle Eastern commercial hub that showcases both the UAE’s bold visions and, at times, debt-fueled pipe dreams, including a massive palm-shaped man-made island that sits empty years after its creation.
As Dubai’s fortunes began to falter along with the global economy in 2009, Khalifa led efforts to protect the federation by pumping billions of dollars in emergency bailout funds into Dubai. The two emirates do not always see eye-to-eye on foreign policy decisions and compete commercially with one another. In 2003, he called for the creation of a new airline, Etihad Airways, which competes with Dubai’s successful and much larger carrier Emirates Air.
Khalifa increasingly used Abu Dhabi’s oil wealth to attract cultural and academic centers, such as a branch of the Louvre museum and satellite campuses of New York University and the Sorbonne. He also presided over efforts to move the OPEC country beyond its reliance on petrodollars with investments in renewable energy research, including plans for a futuristic low-carbon desert city known as Masdar. The UAE announced last year its goal to reach net-zero emissions by 2050, even as it expands investments in oil and gas for export.
Abu Dhabi’s big spending overseas during Khalifa’s rule also helped push the emirate, which controls the bulk of the UAE’s oil reserves, out from Dubai’s shadow.
In 2007, the Abu Dhabi Investment Authority came to the rescue of an ailing Citigroup Inc. with a $7.5 billion cash injection. It is one of the world's largest sovereign wealth funds with close to $700 billion in assets, according to estimates by the Sovereign Wealth Fund Institute.
Khalifa also helped boost the UAE’s regional profile by sending warplanes to the NATO-led mission against Moammar Gadhafi’s regime in Libya in 2011.
Questions were raised during Khalifa’s rule about the UAE’s use of foreign military contractors, including one linked to the founder of the former Blackwater security firm, Erik Prince, who moved to Abu Dhabi in 2009. Prince was involved in a multimillion-dollar program to train troops to fight pirates in Somalia, according to an official who spoke to The Associated Press in early 2009.
But Khalifa’s name is perhaps most familiar around the world for its connection to the world’s tallest building, a nearly half-mile (828-meter) glass-and-steel spire in Dubai. The name of the tower was unexpectedly switched from the Burj Dubai to the Burj Khalifa at its official opening in January 2010 following his decision to funnel billions of dollars to Dubai to save it from a full-scale financial meltdown.
Khalifa’s image was ubiquitous, gracing every hotel lobby and government office across the country. But unlike Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, the federation’s vice president and prime minister, he's rarely been seen at public events since his stroke.
A U.S. diplomatic cable made public by WikiLeaks in 2010 uncharitably described the president as “a distant and uncharismatic personage.” The final years of his presidency are likely to be associated with his half-brother, Mohammed bin Zayed, who is also supreme commander of the armed forces.
Khalifa was born in 1948 in the inland oasis of Al Ain, near the border with the sultanate of Oman, and named after his great grandfather, Sheikh Khalifa bin Shakhbout.
In 1969, while the area was still a British protectorate, Khalifa was named as Abu Dhabi prime minister and chairman of the emirate’s Department of Defense, which later became the core of the UAE’s armed forces. After independence in 1971, he became defense minister along with other roles.
Although the UAE’s ruling sheikhs hold near absolute power, Khalifa began an experiment with elections by allowing limited voting — by a hand-picked electorate — for half the members of a 40-seat federal advisory body in 2006. Subsequent rounds of elections in 2011 and 2015 failed to attract even two out of five of those given a chance to vote.
The UAE saw none of the Arab Spring street protests that shook other parts of the region, though in the wake of that unrest, Khalifa oversaw tightening crackdowns on Islamists and other activists, drawing criticism from international rights groups. The UAE, which views Islamist movements as a threat to its ruling system, also supported efforts in the region to quash the Muslim Brotherhood, including in Egypt.
Under his presidency, the UAE joined Saudi Arabia in sending forces to Bahrain to quell an uprising there by the country's majority Shiite population demanding greater rights from the island-nation's Sunni leadership.
He was believed to be among the world’s richest rulers with a personal fortune estimated by Forbes magazine in 2008 at $19 billion. He built a palace in the Seychelles, an island-chain nation in the Indian Ocean, and faced complaints there about causing water pollution from the construction site.
In 2007, Khalifa made a major gift to the Johns Hopkins Medicine complex in Baltimore. The size of the donation was not disclosed, but it was described as “transformational.”
After his stroke, it fell upon Mohammed bin Zayed to handle many of Khalifa’s duties, often in conjunction with Dubai’s Sheikh Mohammed. The transition went largely unnoticed, as many Emiratis and foreign diplomats long assumed that the crown prince was a central power broker in the UAE’s leadership.
In September 2014, the Emirates became one of the most prominent Arab participants in U.S.-led airstrikes against the Islamic State militant group in Syria, deploying its first female air force pilot on the initial raid.
Those sorties were followed by a muscular intervention into Yemen as part of a Saudi-led coalition on the side of the impoverished country’s internationally recognized government against Houthi rebels who had seized the capital of Sanaa. The UAE deployed thousands of troops, 52 of whom were killed in a September 2015 missile attack on their base — the heaviest military loss in the country’s history.
Khalifa’s personal life was not much in the public eye. Like many in the Gulf, he was passionate about the traditional sport of falconry and was said to enjoy fishing. He is known to have had eight children — two sons and six daughters — with his first wife, Sheikha Shamsa bint Suhail Al Mazrouei. He is also survived by several grandchildren.
UAE leaders greet president, PM on Independence Day
Leaders of the United Arab Emirates (UAE) have congratulated the president and prime minister of Bangladesh on the country's Independence Day and National Day on March 26.
The UAE is also celebrating Bangladesh Independence Day by illuminating the flag of Bangladesh on the Burj Khalifa, the world's tallest building.
Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE, sent a congratulatory message to his Bangladesh counterpart Abdul Hamid.
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Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the UAE and ruler of Dubai, and Sheikh Mohamed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces, sent similar messages to Prime Minister Sheikh Hasina.
In their messages, they conveyed sincere felicitations on the national occasion and wished continued peace, progress, prosperity and wellbeing for the country and people of Bangladesh, said the UAE Embassy in Dhaka Friday night.
UAE authorities order arrests over rare riot at soccer match
A soccer game in the United Arab Emirates erupted into violent scuffles between angry fans of opposing teams, a rare scene of chaos that led authorities to call for the arrest of “all rioters.”
Public prosecutors in the capital of Abu Dhabi issued an order Sunday to arrest those who instigated the riot at the match between the Al Ain and Al Wahda clubs, warning authorities “will respond firmly” and urging “sportsmanship among club fans to avoid endangering the lives and safety of others.”
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The statement on the UAE’s state-run news agency WAM did not offer details on the number of arrested.
Footage posted on social media showed Emirati fans streaming onto the field in their traditional white kanduras and start attacking players as security guards rushed to restrain them.
Other video showed groups of men beating and flinging shoes at each other in the stadium stands. At least one spectator appeared to be injured lying on the ground as rival fans brawled. It wasn’t clear how many people were injured in the riot.
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The incident marked a rare outburst of violence in this business-friendly, tourism-focused Gulf Arab sheikdom. Protests, demonstrations and political expression are heavily suppressed in the autocratic country.
Al Ain defeated close challenger Al Wahda in the match 1-0, extending their lead at the top of the league this season to seven points.
PM back home from fruitful UAE visit
Prime Minister Sheikh Hasina returned home past midnight Saturday after her five-day official visit to the United Arab Emirates (UAE).
A VVIP flight of Biman Bangladesh Airlines carrying the Prime Minister and her entourage, which departed from Abu Dhabi International Airport at 5:55 pm (local time) landed at Hazrat Shahjalal International Airport at 12:10am.
Hasina went to the UAE on March 7 at the invitation of UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, who is also the ruler of Dubai.
Also read: Continuous democratic process is behind country’s unprecedented development, says Hasina in UAE
During this visit, she had a bilateral meeting with the UAE prime minister. Four MoUs were signed between Bangladesh and the UAE to boost bilateral cooperation.
Besides, another MoU was signed between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Dubai International Chamber to establish a Joint Business Council between the two countries.
Hasina also visited Expo 2020 Dubai at Dubai Exhibition Centre (DEC) and joined a high-level panel discussion titled 'Redefining the Future of Women' arranged on the occasion of International Women's Day there.
She visited Bangladesh Pavilion and UAE Pavilion at the Expo 2020 Dubai.
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The PM attended a civic reception hosted in her honour on the occasion of her visit to the UAE.
She also laid the foundation stone of Bangabandhu Sheikh Mujibur Rahman Building of Bangladesh English Private School and College at Ras Al Khaima.
Hasina joined a business forum jointly arranged by business communities of UAE and Bangladesh at the DP World Pavillion of the Expo 2020 Dubai.
Continuous democratic process is behind country’s unprecedented development, says Hasina in UAE
Prime Minister Sheikh Hasina has said that an uninterrupted democratic process for the past 13 years has been behind the unprecedented development of Bangladesh.
“You’ve noticed the change of Bangladesh in 13 years. And this development has been achieved only because the democratic process has continued in the country with the Awami League in power for these 13 years,” she said on Friday.
The prime minister was addressing a civic reception accorded in her honour here on the occasion of her official visit to the United Arab Emirates (UAE).
She joined the event virtually from her place of residence in Abu Dhabi, while Bangladeshi expatriates were connected from three venues --Bangladesh Consulate in Dubai, Abu Dhabi Theatre and Bangladesh English Private School and College in Ras Al Khaimah.
Hasina said there was no continuation of the democratic process in the country for several years after 1975. .
“There was a black chapter after 1975. That dark cloud is gone. We’re now taking Bangladesh forward following the ideology of Father of the Nation,” she said adding that Bangladesh is marching forward and none would be able to take it back anymore.
Noting that the country faced a problem during Covid-19 pandemic, she said now there is another new problem and that’s the situation created by the war between Ukraine and Russia.
“So, we are passing through another abnormal situation... Fuel prices are going up and various problems have appeared in the international arena. We’re also facing some problems. But I believe that we can overcome this in Bangladesh,” she said.
The PM asked the expatriates to tell their families and relatives back home not to leave any piece of land uncultivated to gain food autarky even in case of any global food crisis.
Spelling out her government’s development activities, Hasina said there is no scope for anyone to remain unemployed in the country unless he or she wishes so. “If anyone takes a little initiative, the person would not remain unemployed,” she added.
Read: Hasina says people will surely support motherly leadership like hers
India-UAE investment forum set to boost businesses
The UAE-India Investment Forum will discuss new opportunities, the potential to attract investors across sectors, sovereign wealth funds, large corporations and industries, reports Khaleej Times.
Hosted by Khaleej Times, the UAE-India Investment Forum on March 15 represents a new dawn in the flourishing economic relationship between the two countries.
The event at Conrad hotel, Dubai, is taking place under the endorsement of the UAE Ministry of Economy and the Consulate General of India, Dubai.
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Confirmed speakers include Dr Thani bin ahmed al Zey-oudi, UaE Minister of State for Foreign Trade; Dr Ahmed Abdul Rahman Albanna, the UAE’s Ambassador to India Sunjay Sudhir, Indian ambassador to the UAE Dr Aman Puri, Consul-General of India, Dubai and top business owners.
Some of the topics that will be discussed at the event include the strategic importance of Cepa; the start-up ecosystem; bilateral food security; information technology; and healthcare partnerships, among others.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Indian Prime Minister Narendra Modi had last month witnessed the signing of the comprehensive trade agreement.
According to ambassador Sunjay Sudhir, the Cepa will boost India-UAE trade from $60 billion to $100 billion in five years.
The UAE-India Investment Forum is sponsored by PolicyBazaar.ae, FICCI, InvestIndia, Virenxia, CARS24, Allana and Bank of Baroda. Top industry speakers include Udaan co-founder Sujeeth Kumar, who will be part of the India Start-up Ecosystem Panel alongside PolicyBazaar.ae’s chief executive officer Neeraj Gupta.
Priya Rawat, chief operating officer of Invest India, and Rajeev Kumar, vice-chairman of Niti Aayog in India, will be paneling the discussion around the Cepa agreement.
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Sanjeev Kumar, chairman and managing director and director (Projects), TCIL, Government of India, will be joining in to discuss infrastructure projects for both countries. Sriranga Sampathkumar, VP and general manager, Middle East and Africa, Infosys; and Shivendra Singh, vice-president and head responsible for the Global Trade Development at NASSCOM, will spearhead discussions representing the IT sector, and how it will unlock growth opportunities and drive innovations for firms in both regions.
The Energy Innovation Ecosystem panel will have Binu Parthan, head of regions at the International Renewable Energy Agency (IRENA); Nawal Alhanaee, director of the Future Energy Department at the Ministry of Energy and Infrastructure; and Martin Nagell, CEO’s advisor at Masdar.
Come and make Bangladesh your home, Hasina tells UAE investors
Prime Minister Sheikh Hasina on Thursday invited investors from United Arab Emirates to avail lucrative opportunities in Bangladesh, harness its potentials and make Bangladesh their home.
“Come and make Bangladesh your home. I assure you all that Bangladesh is now a land of lucrative opportunities,” she said.
She made the call while addressing the Bangladesh-UAE Joint Business Council virtually.
Hasina said that Bangladesh will become “Sonar Bangla” or “Golden Bangladesh” as envisioned by the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman.
“Thus, I end here by extending to you all a very warm invitation to come and join us in that dream and vision for Bangladesh,” she said.
Also read: Hasina focuses on food security as FAO conference opens
She said that Bangladesh has been one of the very few economies in the world that grew even during the pandemic.
“Our sustained growth has been made possible by clear vision, prudent planning, sound governance, political stability, and tireless efforts of our hard-working people and spirited entrepreneurs. Today, Bangladesh has emerged as a Development Miracle,” she said.
In this connection, she mentioned that the Centre for Economics and Business Research (CEBR) predicts that Bangladesh will become the 24th largest economy of the world by 2036.
She said that the equitable and inclusive “development model” of Bangladesh has laid a solid foundation on which to further develop.
She mentioned that Bangladesh is on its way to turn its US$ 416 billion economy into one of the largest economies of the world soon and become a developed country by 2041.
“Bangladesh is moving fast in urbanization, industrialization, and in increasing tele-density to connect individuals to governance, innovation and markets. Our aim is to connect our factors of production seamlessly into the global markets,” she said.
Hasina said that Bangladesh offers a huge domestic market of more than 168 million. people while its population is young, energetic, and ambitious.
She appreciated deep and wide innovations in agriculture and extension, productivity and remittance saying that country’s disposable income is rising faster than many comparable countries.
“On top of it all, we have a great geo-strategic location, and direct connectivity to all major international trading and shipment routes. We are also at the junction of the populous and growing South Asian, Southeast Asian and East Asian regions.”
she said that Bangladesh’s huge domestic market and the markets adjacent to it Interestingly are virtually untapped.
“All these advantages make Bangladesh an attractive destination for investors, and a future manufacturing, and economic hub of the region.”
Also read: Hasina says people will surely support motherly leadership like hers
The PM said that Bangladesh is today one of the top-most RMG manufacturers in the world while it is also good in leather, eco-friendly jute and jute derivatives, food and above all, in ICT and in ITES (IT Enabled Services).
Bangladesh also enjoys full-spectrum coverage by high-speed internet with more than six hundred and fifty thousand full-stack freelance developers, she added.
“Important to mention is our labor force, which is hardworking, affordable and quick learners," she said.
She said that Special Economic Zones and High-Tech parks are ready for new ventures.
“We are ready with both policy and infrastructure support to ensure that investors choosing to make Bangladesh their home shall find only the best in the world.”
She mentioned that Mega Projects like the Padma Multipurpose Bridge, Rooppur Nuclear Power Plant, Karnaphuli Tunnel, Payra Seaport, Matarbari Power Plant and Deep-Sea Port, Dhaka Metro Rail, Elevated Expressway Project and so on, are already transforming the infrastructure of Bangladesh.
“Significantly, they connect our geographic space into the economic space of the South and the Southeast Asian transport and connectivity corridors.”
“We are now intensifying our connectivity into multiple layers of food, finance and energy security. Our financial markets are now ready to support advanced private equity and fin-tech solutions.”
The prime minister said that Digital Bangladesh that the government had aspired for almost twelve years ago – is now a reality.
“I, therefore, invite you to come and partner with us.”
The political stability in Bangladesh means that investors can plan for long term, she added.
She said that there is also no limitation on foreign ownership of business.
“Moreover, Bangladesh possesses a healthy foreign currency reserve. Also, investors are free to repatriate their profits. Indeed, Bangladesh’s sovereign rating is rising fast.”
She also mentioned that Bangladesh is firmly committed to the realization of the SDG 2030.
“We are eager to join hands with you to help our disadvantaged friends across the globe in realizing them.”
In this connection she said that trained human resources, managerial and administrative service providers, and ICT developers give us the strength to join our hands with you wherever in the world.
She also felicitated the business leaders of the UAE and Bangladesh for launching the Joint Business Council.
“I have great expectations from the Council and hope of much rewards and satisfaction.”
The Business Forum was held at the DP World pavillion in the Dubai 2020 expo venue.
Foreign Minister Dr AK Abdul Momen, Commerce Minister Tipu Munshi, Prime Minister’s Private Industry and Investment Affairs Adviser Salman F Rahman, UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi, FBCCI President Jasim Uddin, Chairman of the UAE Federation of Chambers of Commerce and Industry Abdulla Mohamned Al Mazrouei also spoke on the occasion.
Later, an MoU was signed between the FBCCI and the UAE Chambers to establish a Joint Business Council between the two countries.
FBCCI President Jasim Uddin, Chairman of Abu Dhabi Chamber of Commerce and Industry Abdulla Mohammed Al Mazrouei signed the MoU on behalf of their respective sides.
PM leaves Dhaka for Abu Dhabi
Prime Minister Sheikh Hasina left Dhaka for Abu Dhabi Monday afternoon on a five-day official visit to the United Arab Emirates.
A VVIP flight of state-run Biman Bangladesh Airlines carrying the PM and her entourage took off from Hazrat Shahjalal International Airport at 4:15 pm.
The aircraft is scheduled to land at Abu Dhabi International Airport at 7:40pm (local time).
Also read: Bangladesh, UAE to boost cooperation during PM's visit
The prime minister is undertaking the visit at the invitation of UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Makdoum, who is also the ruler of Dubai.
Bangladesh, UAE to boost cooperation during PM's visit
Bangladesh and the United Arab Emirates (UAE) are likely to sign four to five MoUs during Prime Minister Sheikh Hasina's upcoming visit to the Gulf nation to further strengthen the bilateral relations.
“This visit will play an important role in keeping the labor market intact and creating new avenues of investment in Bangladesh to strengthen the economic relations,” Foreign Minister AK Abdul Momen told the media at state guesthouse Padma on Sunday afternoon.
He said Bangladesh wants to enhance trade and investment between the two countries through more collaboration.
Foreign Secretary Masud Bin Momen, Secretary (East) Mashfee Binte Shams and senior officials at the Ministry of Foreign Affairs were also present.
Also read: Govt plans to improve life of stranded Biharis in Bangladesh:PM
Before the media briefing, the foreign minister had a meeting with relevant ministers and PM's Private Industry and Investment Adviser Salman F Rahman at the same venue to review the investment proposals that came from the UAE and Saudi Arabia.
Hasina is scheduled to leave for UAE on Monday as the two countries eye to elevate the relationship to a comprehensive partnership with deeper political engagement. She will return home on March 12.
She is going to the UAE at the invitation of Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice-president of the United Arab Emirates and will also attend a programme at “Expo 2020 Dubai” on March 8 marking the International Women’s Day, said the Foreign Minister.
The prime minister has agreed to visit the UAE with the intention of highlighting the image of the country and its achievements in the economic sector including empowerment of women in Bangladesh, Momen said.
Trade and commerce; investment, manpower and cooperation in other potential areas including renewable energy will be discussed during the visit.
He said during the last financial year, about 30,000 workers from Bangladesh went to the UAE. “We hope that this number will increase in the future.”
In terms of bilateral trade with the UAE, Momen said the imports and exports volume stood around US$ 2 billion but the trade deficit now stands at US$ 1.5 billion.
“The main reason is that we import fuel from them. This visit will be important to increase the volume of our exports to that country. That is why the two countries will discuss ways to establish the direct shipping line,” said the foreign minister.
UAE finds Bangladesh food processing industry promising for investment
UAE Ambassador in Bangladesh Abdulla Ali AlHmoudi on Wednesday said the food processing industry in Bangladesh looks promising for possible investment by his country’s businesspeople.
The ambassador made the remark during a courtesy call on the FBCCI President Md. Jashim Uddin at FBCCI office.
Read: Rising food prices despite record stocks defies analysis
The envoy said that different countries showcase their goods at the pavilions in the Global Village of Dubai.
The ambassador urged Bangladesh to take advantage of this. Bangladesh Pavilion in the Global Village would make it easier for tourists from different countries, including Dubai, to get information about Bangladeshi products.