Burj Al Arab, Dubai, United Arab Emirates
Burj Al Arab, Dubai, United Arab Emirates Roman Logov/Unsplash

Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, highlighted the importance of the Genetic International Trade Association (GITO) Summit in Dubai, noting that it focuses on the UAE's commitment to strengthening international cooperation and promoting economic development.

Sheikh Nahyan noted that the GITO allows for exploring investment opportunities and enhancing trade exchange between India, African countries, the Middle East, and North Africa region.

"Growth has become one of our most important priorities, in light of the UAE's close trade and economic relations with most countries of the world, which emphasizes our role in promoting development and regional and global cooperation," he said, according to WAM.

"In order to provide an economic model that everyone can adopt because the Emirati model confirms that economic prosperity is the foundation of a successful society and is necessary to improve the quality of life of its people," he added.

The event was attended by Abdullah Al Hashimi, Executive Director of Operations at Parks and Zones and DP World for the Gulf Cooperation Council countries; Sanjay Sudhir, Ambassador of India to the UAE, and several international figures.

Sheikh Nahyan honored Vinod Adani, Chairman of Adani Global, with the Jeetu Ratna Award for his contributions to national growth.

"It is important to realize that managing large-scale investment and capital flows between India and those countries requires steadfastness and hard work, through appropriate social initiatives and emphasizing ethical and transparent deals, and expanding individual and institutional participation in all joint projects and investments," Adani said.

Sheikh Nahyan emphasized the need for training future business leaders across India, Africa, and the Middle East to unlock their full potential in economic and social development. He stressed the importance of equipping them with adaptable skills to navigate changing business landscapes and foster cross-border relationships.

"We, in the United Arab Emirates, deeply value our friendship with India and hope that the excellent relations between our two countries will develop and become more productive," he added.

Sheikh Nahyan also extended a special greeting to the African ambassadors, appreciating the close and lasting relations between the Middle Eastern country and all African countries.