Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Haakon Magnus, Crown Prince of Norway. Photo: Abu Dhabi Media Office
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Haakon Magnus, Crown Prince of Norway. Photo: Abu Dhabi Media Office
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Haakon Magnus, Crown Prince of Norway. Photo: Abu Dhabi Media Office
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Haakon Magnus, Crown Prince of Norway. Photo: Abu Dhabi Media Office

Sheikh Khaled meets Norway's Crown Prince and Prime Minister on official visit


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Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, met Haakon Magnus, Crown Prince of Norway, at the Royal Palace in Oslo on Monday. During the meeting, they discussed ways to further enhance relations between the countries.

Sheikh Khaled concluded the talks by expressing his gratitude to the people of Norway for the warm reception he received during his official visit to the country, which began on Sunday.

He also met Prime Minister Jonas Gahr Store, with whom he discussed advancing economic, trade, and investment co-operation across key sectors including energy, infrastructure, advanced technology, renewable energy, air transport and scientific research.

This meeting included the signing and exchange of several bilateral co-operation agreements, including an agreement between the General Civil Aviation Authorities of the UAE and Norway to enhance air transport services, the state news agency Wam reported.

An agreement was also signed between Khalifa University of Science and Technology and the University of Tromso which aims to support academic co-operation and research in fields such as artificial intelligence, climate action, the circular economy and renewable energy.

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Jonas Gahr Store, Prime Minister of Norway. Photo: Wam
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Jonas Gahr Store, Prime Minister of Norway. Photo: Wam

Earlier on Monday, Sheikh Khaled met the chief executives of leading Norwegian companies. It came as part of their participation in the UAE-Norway Investment Forum.

Sheikh Khaled emphasised the UAE's commitment to strengthening economic co-operation with its international partners and said the enhanced collaboration with Norwegian companies across key sectors would open new avenues for economic growth.

Sheikh Khalifa bin Tahnoon, Chairman of the Abu Dhabi Crown Prince Court, Reem Al Hashimy, Minister of State for International Co-operation, Mohamed Alsuwaidi, Minister of Investment, and Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc, are among the senior Emirati officials in Norway.

The visit comes after Sheikh Khaled this week concluded an official visit to Doha, where he held talks with Sheikh Tamim, Emir of Qatar, and discussed ways to enhance co-operation across strategic sectors. Sheikh Khaled also met Sheikh Mohammed bin Abdulrahman Al Thani, Qatar's Prime Minister and Minister of Foreign Affairs, and emphasised the importance of deepening collaboration in several areas. It was the latest in a series of high-level meetings this year aimed at further strengthening ties between the countries.

Last month, Sheikh Khaled completed an official visit to India and witnessed the signing of partnerships between UAE and Indian groups that extended the UAE-India comprehensive economic partnership agreement established in May 2022.

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  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
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Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

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Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

Updated: October 07, 2024, 3:55 PM