UAE to participate in Palestine investment conference

April 16th, 2008 - 6:20 pm ICT by admin  

Abu Dhabi, April 16 (IANS) The United Arab Emirates (UAE) has said it will participate in the Palestine Investment Conference which seeks to highlight investment opportunities in Palestinian economy, WAM news agency reported Wednesday. Foreign Minister Abdullah bin Zayed Al Nahyan Tuesday told a consultative committee meeting that a number of public and private sectors in the UAE would participate in the conference, slated for May 21-23 in Bethlehem.

The meeting was attended by UAE Minister of Foreign Trade Lubna Al Qasimi, former British premier and Middle East Quartet’s peace envoy Tony Blair, Palestinian Tourism Minister Kholoud Daebis along with more than 50 UAE, Arab and Palestinian investors, economists, businessmen and fund managers.

“It is a platform to share innovative business designs, forge genuine partnerships between investors in and outside Palestine, and encourage the already strong relationship between Palestine’s public and private sectors,” Al Nahyan said.

“The conference seeks the active support of entrepreneurs from the Arab world, and the international community. It also aims to utilise the rich and varied experience of participants,” the minister said.

Political leaders and captains of industry from the West Bank/Gaza, Middle East, United States and some other countries elsewhere will participate in the conference to help to encourage growth of a private sector-led Palestinian economy.

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