United Arab Emirates to double investments in Georgia

"We have decided to double our investments in Georgia”, announced the Minister of Tolerance of the United Arab Emirates, Sheikh Al Nahyan, today.

Sheikh Al Nahyan is among some 2,000 guests who are participating today in the second Silk Road Forum, taking place on November 28-29 in Georgia’s capital of Tbilisi.

Al Nahyan stated that all international ratings indicate that Georgia is a business-friendly country.

This has encouraged the United Arab Emirates to double investments in Georgia. The Sheikh said the interesting sectors for further investments are airports, ports and real estate.

"Passenger flow has increased between our countries. For example, years ago there was only one flight, today there are five flights [between Georgia and the United Arab Emirates]. This proves that relations between our countries have improved… we trust the Government of Georgia and the Georgian people,” said Sheikh Al Nahyan.