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President Aliyev’s UAE visit cements growing bilateral economic ties

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The economic partnership between Azerbaijan and the United Arab Emirates (UAE) has evolved into a multifaceted and strategic alliance, underpinned by shared values, mutual trust, and a common vision for sustainable development. Rooted in the principles of mutual respect and long-standing diplomatic goodwill, the relationship is increasingly characterized by high-level engagement and deepening economic integration across a range of sectors.

President Ilham Aliyev’s official visit to the UAE on July 9, 2025, marked another milestone in this dynamic relationship. The warm reception, which included an honor guard ceremony at Zayed International Airport and the presence of Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of the UAE, served as a symbolic reaffirmation of the strategic closeness between the two nations.

The UAE has positioned itself as one of the leading foreign investors in Azerbaijan. In 2024, the UAE’s investments reached $490.2 million, elevating it to fifth place among Azerbaijan’s main investment partners. This figure reflects a 53% increase compared to $319 million in 2023, demonstrating a robust and growing investor confidence in Azerbaijan’s economy.

Such investment patterns are not coincidental; they reflect Azerbaijan’s efforts to create a favorable investment climate, especially in industrial parks,........

© AzerNews