Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has invited Indonesian President Joko Widodo to the UAE to witness the signing of the UAE-Indonesia Comprehensive Economic Partnership Agreement.
Both countries entered into talks for the agreement in September. It aims to strengthen trade ties, expand economic and investment opportunities, and mark a new phase of bilateral co-operation. The agreement could be signed this month.
Suhail Al Mazrouei, Minister of Energy and Infrastructure, invited the Indonesian president on behalf of Sheikh Mohamed.
Mr Al Mazrouei is in Indonesia on an official visit and is leading a delegation comprising representatives from G42, an Abu Dhabi-based AI and cloud computing company, Abu Dhabi Ports, Abu Dhabi Growth Fund, Abu Dhabi Future Energy Company (Masdar) and a number of officials from the Ministry of Energy and Infrastructure, and other departments.
During the meeting, Mr Al Mazrouei conveyed the greetings and well wishes of President Sheikh Khalifa, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed.
Mr Widodo welcomed Mr Al Mazrouei and conveyed his greetings to the UAE leaders.
Mr Al Mazrouei spoke of the strong relationship between the nations and the desire for UAE leaders to develop and strengthen co-operation.
He also thanked Indonesia for inviting the UAE to attend the G20 Summit, which will be held in the Southeast Asian country in October.
Mr Widodo praised the strong bilateral relations and said he hoped Mr Al Mazrouei's visit would lead to more co-operation in various fields.
Mr Al Mazrouei was accompanied by Abdullah Salem Al Dhaheri, the UAE's ambassador to Indonesia and the Association of Southeast Asian Nations, and several officials.
Emirati-Indonesian relations have grown significantly in recent years, especially after Sheikh Mohamed's visit to the Asian nation in July 2019. Several MoUs, worth $32 billion, were signed during the visit.
Several Emirati companies are working on projects in Indonesia, including the country's first floating solar power plant by Masdar, and a project between the Abu Dhabi National Oil Company and Indonesia’s Pertamina to develop petrochemicals and gas.
Bilateral trade between the UAE and Indonesia reached about $2.5bn in 2020. The UAE exported goods worth about $1.5bn to Indonesia, while the Southeast Asian country's imports from the UAE amounted to $1bn.
In October 2020, the name of a street in Abu Dhabi was changed in honour of the Indonesian president. A mosque will also be built in the UAE capital in his honour.
Abu Dhabi street named after Joko Widodo — in pictures
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The currency conundrum
Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”
Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.
This is a race to the bottom, and everybody wants to be a winner.
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
UAE currency: the story behind the money in your pockets
Scoreline
Real Madrid 1
Ronaldo (53')
Atletico Madrid 1
Griezmann (57')
Sunday's fixtures
- Bournemouth v Southampton, 5.30pm
- Manchester City v West Ham United, 8pm
Fighting with My Family
Director: Stephen Merchant
Stars: Dwayne Johnson, Nick Frost, Lena Headey, Florence Pugh, Thomas Whilley, Tori Ellen Ross, Jack Lowden, Olivia Bernstone, Elroy Powell
Four stars
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
