A high-level delegation from the UAE, which was headed by the Ministry of Economy, has actually revealed their effective participation at the 9th Session of the yearly Astana Economic Forum, a leading platform for international dialogue that enables positive discussion of financial development issues concerning both Central Asia and the entire world, which was held from May 25 to May 26, 2016 at the Independence Palace in Astana, the capital of Kazakhstan. This year's online forum was held under the style, 'New Economic Reality: Diversification, Innovation and Knowledge Economy,' and was taken part in by over 5,000 participants originating from 80 countries-- commonly composed of key choice makers, business owners, investors and agents from numerous federal government agencies.

The UAE delegation was headed by His Excellency Humaid Bin Butti Al Muhairi, Assistant Undersecretary for Commercial Affairs and Consumer Protection, Ministry of Economy and was accompanied by H.E. Hamad Rashid Al Habsi, Acting Charge D' Affairs from the UAE Embassy in Kazakhstan. The delegation was made up of representatives from both federal and local government entities together with economic sector groups, which included Arif Amiri, Deputy Chief Executive Officer, Dubai International Financial Centre (DIFC); Hassan Al Hashemi, Vice President for International Relations, Dubai Chamber of Commerce and Industry; Abdullah Bin Naser Al Mansouri, Chairman, Al Nasser Holding Group; Hussein Mattar, Business Development Director, Al Nowais Investments and Mohammed Ibrahim Ahmed, Government Communications Administrative Officer from the Ministry of Economy.

According to Bin Butti, the UAE has maintained strong ties with the Republic of Kazakhstan, particularly across economic and trade cooperation, which is reflected in the yearly growth in between the two nations-- in which foreign trade in between the UAE and Kazakhstan surpassed USD 270 million in 2015 (including free zones).

He included that the UAE was keen on getting involved at the yearly Astana Economic Forum, which works as a tactical platform to talk about the world's newest economic developments across an audience of recognized decision makers, government officials and agents of the economic sector-- discussing prompt financial issues that are widely related to Central Asia in particular and the international economy in general.

Bin Butti noted that the forum plays a significant role in the efforts to boost communication ties between the business communities of the UAE and Kazakhstan, in addition to with other getting involved nations. The annual online forum also seeks to promote cooperation in between the economic sectors of all taking part countries in order for them to play a stronger function in combining bilateral financial relations.