Kazakhstan leader pushes Emirati investments

Kazakhstan President Nursultan Nazarbayev recently met with Emirati business in Abu Dhabi to encourage investment in his country, particularly in infrastructure, mining, energy and agriculture.

Nazarbayev and his delegation were welcomed by the Abu Dhabi Chamber of Commerce, with Sheikh Ammar Bin Humaid Al Nuaimi, crown prince of Ajman; Sheikh Hamed Bin Zayed Al Nahyan, chairman of the Crown Prince Court of Abu Dhabi; and Mohammed Thani Murshid Al-Rumaithi, chairman of the Federation of the UAE Chamber of Commerce and Industry and chairman of the Abu Dhabi Chamber of Commerce and Industry in attendance.
 
Current Emirati investments in Kazakhstan have surpassed $2 billion, and more than 200 Emirati companies operate there. The UAE is Kazakhstan's biggest Arab trading partner.
 
Al-Rumaithi also spoke at the meeting, welcoming Nazarbayev and noting that the president’s visit should get the wheels turning on investment growth and bilateral relations between the two nations. He also spoke about how Emirati businesses have been increasing Kazakh-based investments throughout the past years, particularly in the energy, property development and infrastructural sectors.