UAE and Luxembourg discuss boosting economic ties

Pedro Gonçalves
UAE and Luxembourg discuss boosting economic ties

The UAE and Luxembourg want to strengthen the economic ties between them and enhance cooperation in the field of Islamic banking. As part of the cooperation the UAE is also seeking to benefit from the expertise of the Duchy, which is a global financial center, for the issuance of Islamic sukuk. The UAE's minister of state for Financial Affairs, Obaid Humaid Al Tayer, held a meeting with his counterpart from Luxembourg, Pierre Gramegna. The UAE minister of State highlighted the importanc...

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