The UAE intends to invest in Russian advanced technology companies

The UAE intends to invest in Russian advanced technology companies

Abdullah Ahmed Mohamed Saleh Al-Saleh, the deputy minister of economy for the Emiratis, declared the UAE’s plan to invest in Russian advanced technology firms in the fields of space, medicine, pharmacy, and other fields.
“We met representatives of Russian companies and we noticed that the degree of technological advancement of these enterprises is really high,” he stated in the “Made in Russia” session.

We would want to invest our money in these companies and have their representation offices in our nation because they are prepared to offer a variety of new ideas and technology.
He emphasized that the UAE wants to establish relationships with Russia in a variety of industries, including space technology, medicine, and pharmacy.
He added: “These are the areas where we will develop our cooperation, and it is also necessary to enhance the development of startups. ”
Author: RT.

The UAE aims to make investments in Russian high-tech firms.

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