The business climate in Belarus is favorable to the Emirates! The development of cooperation with the UAE in general and the promotion of common large-scale investment projects in particular were discussed today at the Palace of Independence. The President met with the Executive Director of Emaar Properties. Muhammad Alabbar visits Minsk together with his son this time. He is considered one of the largest and most successful businessmen in the UAE, an advisor on economic and investment issues to the leaders of Abu Dhabi and Dubai. Belarus has been building a confidential dialogue and cooperation with this Arab country for a long time. Despite the pandemic, the trade is developing.
The guest confirmed the desire of the UAE leadership to strengthen and develop relations with Belarus.
As for Emaar Properties, it is a well-known investment company not only in the Persian Gulf, but all over the world. It’s interested in construction projects, real estate, hotel business, logistics and much more. The company works in 14 countries. The arrival of such a serious player on the Belarusian market only confirms the prospects for investment cooperation.
Mohammed Alabbar, Executive Director of Emaar Properties: "I like Belarus from all points of view, I like the President's decision not to close the economy, this is the wisest decision in comparison with other countries where the economy was closed and suffered. The investment climate in Belarus is very stable, I would work here."
One of the projects in which the Emirati business is investing in our country is the "North Coast". The contract on the construction of the smart city will be signed in the coming days. The cost of the ambitious project is about 4 billion euros. In the fall, a commemorative capsule was laid at the construction site. First of all, the capital will host the National Exhibition Complex, the University of Artificial Intelligence, sports facilities, healthcare, education, culture and arts centers and modern comfortable housing!












