New era in Saudi-UAE ties

Thursday 19th Feb 2015

Custodian of the Two Holy Mosques, HRH King Salman and Abu Dhabi Crown Prince Sheikh Mohammed held talks in Riyadh establishing a new era in Saudi-UAE strategic ties.

“King Salman and Sheikh Mohammed explored the potential increased collaboration between the two countries; discussing both major regional and international developments. Crown Prince Muqrin, Prince Faisal bin Bandar, National Guard Minister Prince Miteb bin Abdullah, Deputy Crown Prince Mohammed bin Naif and Prince Mohammed bin Salman attended the talks.

King Salman earlier received Sheikh Mohammed at Riyadh airport, breaking traditional royal protocols, illustrating the strong relations between the two neighboring countries as they join together to bolster regional stability.

King Salman also hosted a meal at his palace in honor of Sheikh Mohammed. Senior princes, ministers and high-ranking political officials attended the banquet. Sheikh Mohammed left Riyadh later in the day.Saudi academics and economists have highlighted the strong relations between Saudi Arabia and the UAE. The strong cross border ties ensure the growth and development of business partnerships andpromote regional security and stability.

Wahid Hamza Hashim of King Abdulaziz University recognised the two countries as strategic partners. “There has been good coordination and cooperation between them for the past several decades,” he said.Fahd bin Siban Al-Sulami, a member of the board of directors of Jeddah Chamber of Commerce and Industry highlighted the meeting with King Salman confirms the strong political and strategic ties. UAE Economy Minister, Sultan Al-Mansouri, said there is good understanding between Riyadh and Abu Dhabi on social, political and economic issues. “Our two countries represent the largest economies in the Middle East,” highlighting the bilateral trade crossed SR75 billion. “This figure represents about half of the total trade between the six GCC countries.”

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