UAE accords warm welcome to PM Abiy

ADDIS ABABA- Prime Minister Abiy Ahmed and his delegation were accorded warm welcome in Abu Dhabi, United Arab Emirates (UAE).

The premier was yesterday received by the Crown Prince of Abu Dhabi and the United Arab EmiratesDeputy Commander-in-Chief Mohammed bin Zayed Al Nahyan.

Prime MinisterAbiy has met Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of the Emirate of Abu Dhabi, to discuss issues of common and mutual interests.

Besides, the two leaders have discussed bilateral and regional issues, to further explore ways of strengthening ties between the two countries.

“My greatest appreciation to my brother His Highness Sheikh Mohamed bin Zayed Al Nahyan for the warm welcome accorded to my delegation and me,” Abiy tweeted .

It is to be recalled that Ethiopia and the Crown Prince of Abu Dhabi, the UAE, following the Ethio-Eritrean rapprochement in mid-2018, have agreed to consolidate their economic ties, especially investment, tourism, and infrastructure developmentsbetween the two countries.

 Ethiopian Ministry of Finance and the Abu Dhabi future energy Company PJSC-Masdar have also signed a memorandum of understanding (MoU) to develop 500MW solar energy.

Besides, they also agreed to cooperation between the Defense Force Institutions of the two countries has been enhanced and expanded year to year.

The United Arab Emirates (UAE) and Ethiopia are considering the possibility of cooperation in the field of artificial intelligence (AI), adding that,technological advancement of various fields, including agriculture, health, finance, and transport is very important for Ethiopia’s economy.

The Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces Mohammed bin Zayed congratulated the Ethiopian Prime Minister on his winning the 2019 Nobel Peace Prize.

United Arab Emirates has agreed to invest more than 3 billion USD in Ethiopia following the political reform that had taken place in mid-2018. The two billion USD was invested in various fields while 1 billion USD was directly deposited to the National Bank of Ethiopia.



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