The UAE Ministry of Investment and the Scottish Government have formalised a Memorandum of Understanding to enhance investment collaboration and increase bilateral investment flows.
The agreement aligns with the UAE’s broader strategy to cultivate international economic partnerships that advance diversification, sustainable development, and resilient long-term growth.
The MoU was signed by Mohammad Abdulrahman Alhawi, Under-Secretary at the UAE Ministry of Investment, and Kate Forbes, Scotland’s Deputy First Minister and Cabinet Secretary for Economy and Gaelic, representing the Scottish Government.
The deal establishes a structured framework for promoting and facilitating investment, strengthening coordination among government bodies, investment agencies, chambers of commerce, business associations, and private-sector stakeholders in both countries.
It seeks to stimulate the movement of capital, technology, and expertise, while supporting sustainable growth, economic diversification, and enduring prosperity in the UAE and Scotland.
Under the agreement, collaboration will focus on exchanging information on investment laws and policies, identifying opportunities in sectors of mutual interest, and enabling partnerships between public and private organisations.
The MoU also encourages closer engagement between investment promotion agencies, the sharing of best practices to enhance the investment environment, and the creation of joint ventures and co-investment initiatives, including projects involving small and medium-sized enterprises.
