UAE Celebrates Its 50th Anniversary

A banner celebrating the 50th year since the founding of the Emirates in Abu Dhabi (Asharq Al-Awsat)
A banner celebrating the 50th year since the founding of the Emirates in Abu Dhabi (Asharq Al-Awsat)
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UAE Celebrates Its 50th Anniversary

A banner celebrating the 50th year since the founding of the Emirates in Abu Dhabi (Asharq Al-Awsat)
A banner celebrating the 50th year since the founding of the Emirates in Abu Dhabi (Asharq Al-Awsat)

The UAE is celebrating its National Day on Thursday, marking 50 years since the founding of the Emirates.

On this occasion, UAE's President Sheikh Khalifa bin Zayed Al Nahyan said that his country is embarking on the next 50 years with a comprehensive, long-term, and well-thought-out strategic vision to see the nation amongst the best in the world thanks to a sustainable and vibrant economy.

Sheikh Khalifa noted that the country's Founding Fathers embraced sustainable development as a guiding methodology to build up a modern nation that derives its human, socio-economic, and cultural clout from robust constitutional, organizational, and structural tenets.

In his statement, the President shed light on the key milestones achieved over the recent period: "We have come a long way in empowering women and youth, and developing a diversified economy. The outer space welcomed our first Emirati astronaut and our Hope Probe in historic milestones that have made our nation the first in this sphere in the Arab region and the fifth worldwide."

"We've adopted a national strategy to retain and attract talent in a way that further reinforces the UAE's stature on the Gulf, Arab, Islamic and global levels. And under the theme "Connecting Minds, Creating the Future," we're hosting Expo 2020 Dubai, the world's Greatest Show' for the first time in the region's history."

The past fifty years of the country's history have fructified into a myriad of achievements, including sustainable development, political stability, and security, said Sheikh Khalifa according to WAM.

"We reiterate that Gulf security is integrated and inseparable. Strengthening the pillars of stability in our region is a collective responsibility that requires intensifying strategic coordination among all the GCC States to achieve the aspirations of our peoples for a secure and prosperous future as has been the case during the past 50 years."

Meanwhile, UAE Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum, stated that over the past 50 years, the country faced different challenges in security, politics, and economy.

"We handled these challenges to believe that our national worth is about confidently facing them with faith and optimism."

The PM indicated that UAE begins its next 50 years in its journey for development, guided by the Centennial 2071 vision plan, the Principles of the 50, and the ten principles approved by the President as guidelines for all UAE's institutions.

"With our successful Emirati model, we confidently set off our rich experience in planning and shaping the future and efficient national human resources. We realize that we move in an ever-changing global environment with significant impacts on international relations, national priorities, work processes, and living patterns."

UAE has finalized the frameworks that would allow it to adapt to the changes and respond to the needs by making the right decision at the right time and modifying plans when necessary, in a way that would boost its capabilities to utilize the opportunities and to avoid risks associated with these changes, according to the PM.

For his part, Abu Dhabi Crown Prince and Deputy Supreme Commander of the Armed Forces Sheikh Mohammed bin Zayed bin Sultan Al Nahyan has affirmed that the UAE is moving towards the future based on an integrated strategy whose most critical pillar is human capital – the country's true wealth.

Sheikh Mohamed said the solid foundations built by the UAE through many years of hard work, effort, and planning give confidence that the country now has all the elements in place to be a leader in various fields.

"Our celebration of National Day this year is of special importance, as our beloved nation completes 50 years of its rich history. It is an occasion full of important lessons and great significance for the present and the future."

Abu Dhabi Crown Prince indicated that "thanks to its prominent role on the international stage, the UAE was elected to the UN Security Council for 2022-23."

The impact of what the UAE seeks to achieve in the coming decades will not be limited to its borders but will extend to all Arabs, inspiring them and boosting their confidence in their ability to make progress, regardless of difficulties, said Sheikh Mohammed.

"We are working to make our country a catalyst for development and improvement in the entire Arab world and a starting point for advancing civilization in the region," said the Crown Prince asserting that peace is the way to achieve the society's aspirations for prosperity and development.



Indian Prime Minister Arrives in Jeddah for State Visit

Indian Prime Minister Narendra Modi is welcomed upon his arrival in Jeddah on Tuesday. (SPA)
Indian Prime Minister Narendra Modi is welcomed upon his arrival in Jeddah on Tuesday. (SPA)
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Indian Prime Minister Arrives in Jeddah for State Visit

Indian Prime Minister Narendra Modi is welcomed upon his arrival in Jeddah on Tuesday. (SPA)
Indian Prime Minister Narendra Modi is welcomed upon his arrival in Jeddah on Tuesday. (SPA)

Indian Prime Minister Narendra Modi arrived in Jeddah on Tuesday on a state visit to Saudi Arabia.

He was received by Deputy Governor of Makkah Region Prince Saud bin Mishaal bin Abdulaziz, Minister of Commerce Dr. Majid Al-Kassabi (the accompanying minister), and other senior officials upon his arrival at King Abdulaziz International Airport.

The long-standing and strategically significant relationship between Saudi Arabia and India, spanning over 75 years, has evolved into a robust partnership across diverse sectors, including politics, economy, trade, and clean energy.

Frequent high-level exchanges have been instrumental in bolstering these ties. In February 2014, Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, then Crown Prince, visited India at the invitation of former Indian Vice President M. Hamid Ansari, and met with former Indian President Pranab Mukherjee.

The momentum continued in April 2016 when the Custodian of the Two Holy Mosques received Modi in Riyadh. This visit resulted in the signing of a comprehensive cooperation agreement, cooperation programs, an executive program, and a draft memorandum of understanding between the two governments.

In September 2016, on the sidelines of the G20 Summit in China, Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, met with Modi, discussing opportunities to strengthen bilateral cooperation.

Further demonstrating the commitment to this relationship, the Crown Prince met with Modi again in November 2018 during the G20 Summit in Argentina. Their discussions centered on expanding cooperation in political, security, economic, investment, agricultural, energy, cultural, and technological domains.

A significant milestone was reached during the Crown Prince's visit to India in 2019 with the establishment of the Saudi-Indian Strategic Partnership Council. Co-chaired by Crown Prince Mohammed and Modi, the council, with broad ministerial representation, aims to align Saudi Arabia's Vision 2030 with India's key initiatives such as "Make in India,Smart Cities,Clean India," and "Digital India," thereby fostering collaboration across all sectors.

Building on this progress, the Crown Prince and Modi met again in June 2019 at the G20 Summit in Japan, where they reviewed the strong bilateral relations and explored avenues for further enhancement.

Continuing the tradition of high-level engagement, the Custodian of the Two Holy Mosques received Modi in Saudi Arabia in October 2019 for bilateral talks.

In September 2023, Crown Prince Mohammed visited India at the invitation of Modi, during which they explored ways to deepen the strategic partnership and exchanged perspectives on pressing regional and international issues.

Economically, India stands as Saudi Arabia's second-largest trading partner, while Saudi Arabia is India's fifth-largest partner and its second-largest oil supplier. Bilateral trade volume reached $39.9 billion in 2024.

Saudi Arabia's attractive investment climate has drawn significant Indian investments, reaching $4 billion in 2023, a notable 39% increase from $2.39 billion in 2022.

Major Indian companies have established a strong presence in the Kingdom, and the 2023 Saudi-India Investment Forum saw the signing of 53 agreements and memoranda of understanding.

Conversely, prominent Saudi companies, including Saudi Aramco and SABIC, have undertaken projects and formed investment partnerships in India, with the total value of Saudi investments reaching $10 billion.

Energy remains a cornerstone of the strategic partnership, with both nations sharing a common vision for global oil market stability and energy security. Saudi Arabia is a committed and reliable supplier of crude oil to India.

Furthermore, Saudi Arabia has provided over $193.8 million in aid to India across various sectors, including education, health, food security, energy, and transportation.

Modi's visit to the Kingdom underscores Saudi Arabia's significant political and economic standing and its pivotal role on the global stage.