A New Era Is Dawning In UAE-Algeria Relations

Algeria’s relationship with the United Arab Emirates (UAE) has been strengthened in recent months. After a period of silent crises that have led Algeria into isolation in the Middle East region, the UAE has taken efforts to normalize ties and strengthen its communication with Algeria.

Recently, His Excellency Yousef Saif Sebaa Al Ali, the Ambassador of the United Arab Emirates to Algeria, presented his credentials as non-resident Ambassador of the UAE to His Excellency Captain Ibrahim Traoré, the interim leader of Burkina Faso.

His Excellency Yousef Saif Sebaa Al Ali conveyed greetings from His Highness Sheikh Mohammed bin Zayed Al Nahyan, the third president of the United Arab Emirates and the ruler of Abu Dhabi, to His Excellency Captain Ibrahim Traoré.

His Excellency Captain Ibrahim Traoré wished His Excellency Yousef Saif Sebaa Al Ali success in his duties.

Keep Reading

UAE-Algeria relations

Earlier this year, His Highness Sheikh Mohammed bin Zayed Al Nahyan invited Abdelmadjid Tebboune, the President of Algeria, to the UAE in order to strengthen relations between the two countries.

In a bid to re-establish relations with Arab countries, Algeria thanked the UAE. Abdelmadjid Tebboune wrote a letter to the UAE President regarding bilateral relations and ways to improve relations between the two nations.

Last year, United Arab Emirates’ imports from Algeria was US$8.51 Million. UAE’s exports to Algeria was US$815.02 Million. 

Earlier this year, the 15th session of the joint UAE-Algeria Economic Committee was held in Abu Dhabi, the capital of the UAE, under the chairmanship of Abdullah bin Touq Al Marri, the Minister of Economy, and Algerian Minister of Industry, Ahmed Zaghdar.

The UAE minister of economy said, “Economic cooperation is one of the major pillars of the two countries’ solid ties.” Abdullah bin Touq Al Marri further said, “The non-oil trade between the two countries has recovered from the effects of the Covid-19 pandemic, growing 14 % from $701 million in 2020 to around $800 million by the end of 2022.”

In 2021, the UAE’s investment inflows to Algeria was around $600 million. The bilateral trade between the two countries has increased since 2016. The bilateral trade between Algeria and the UAE was Dh3.6 billion in 2015. Algeria exported US$19.11 million in 2021 to the United Arab Emirates and imported US$796.58 million in 2021 from the UAE.

The two countries aim to increase their bilateral trade in the coming years.

Alexander

Recent Posts

Transitioning to Paid Plans: How Kenyans Can Continue Enjoying Netflix with Affordable Payment Options

Netflix has made a decision that won’t be acquired from 1 November 2023 onwards for the free subscription that Kenyan…

July 6, 2024

Kenyan President William Ruto Declared Significant Budget Cut Following Deathful Protests

Declared a major budget cut of 177 billion shillings to close the budgetary gap resulting from the withdrawal of a…

July 6, 2024

GOtv Prices

The GOtv service is owned by Multichoice, the same people who own DSTV. Currently it is available in Nigeria, Malawi,…

July 6, 2024

How to Link NIN to Airtel

Sign up your NIN with Airtel in a jiffy! Our step-by-step instructions for linking your NIN to your Airtel SIM…

July 6, 2024

Sixth EU-UAE Structural Dialogue on AML/CFT ends in Brussels in Brussels

Recently ended in Brussels, the sixth EU-UAE Structural Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) This…

July 6, 2024

How to check my NIMC details online

Advances in technology have changed the way public services are delivered. Many services are now available online. National Identity Management…

July 4, 2024

This website uses cookies.