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Japan and UAE strengthen bilateral ties, boost cooperation in various sectors

The United Arab Emirates’ Minister of Industry and Advanced Technology Dr. Sultan bin Ahmed al-Jaber, and senior Japanese government officials and business leaders met to discuss ways to strengthen ties, Emirates News Agency WAM reported on Tuesday.

The meetings focused on strengthening the two nations’ economic, energy, and industrial cooperation as well as plans to drive low carbon growth opportunities.

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The minister, who is also the country’s Special Envoy for Climate Change, said that Japan was “one of the UAE’s largest and most important energy and trading partners,” expressing the UAE’s keenness to “bolster bilateral ties” and strengthen their relationship “across multiple sectors.”

“The UAE is keen to leverage every facet of our relationship, including climate diplomacy to drive economic development, enable low-carbon growth and enhance energy security,” said al-Jaber.

“The UAE-Japan relationship is underpinned by long-standing energy partnerships, and we are very pleased to be working closely with Japan to capitalize on the economic opportunities of the energy transition, strengthen industrial cooperation and expand economic and trade relations,” the minister added.

Throughout the three-day visit to Japan, al-Jaber met with senior Japanese government officials including the Asian country’s Minister of Economy, Trade and Industry Hagiuda Koichi, environment minister Tsuyoshi Yamaguchi, and foreign affairs minister Odwara Kiyoshi.

He also met with former Prime Minister Shinzo Abe and Chief Cabinet Secretary Hirokazu Matsuno, among many others.

At the meetings, al-Jaber reiterated the UAE’s commitment and support for Japan’s energy security, vowing to continue ensuring reliable supplies of crude oil and liquified natural gas (LNG), WAM reported.

The Gulf country is Japan’s top crude oil supplier, providing it with more than 20 percent of its crude oil requirements.

The UAE minister’s meetings covered a range of topics, including the Comprehensive Strategic Partnership Initiative (CSPI) between Japan and the UAE which was launched in 2018.

During the visit, ADNOC and ENEOS Corporation and Mitsui & Co., Ltd. (Mitsui) signed an agreement to explore establishing a hydrogen supply chain between the two countries. The agreement aims to assess the potential to convert hydrogen produced as a byproduct from ADNOC’s refining and petrochemical operations, and blue hydrogen produced from natural gas.

Separately, Mitsui also signed a new partnership agreement with Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ), Fertiglobe and GS Energy in the world-scale low-carbon blue ammonia production facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi.

Japan and the UAE enjoy a strong bilateral trade agreement. As of now, over 340 Japanese companies are based in the UAE.

In 2021, the UAE was ranked as Japan’s tenth-largest trading partner globally.

Bilateral trade between the two countries exceeded $30 billion in 2021, with UAE exports to Japan accounting for $26 billion and imports from Japan rising to $6.2 billion.

The last 12 months have witnessed further economic cooperation between the UAE and Japan, with the signing of an agreement between ADNOC and three Japanese companies, INPEX Corporation, JERA Co. Inc and the Japan Oil, Gas and Metals National Corporation to explore the commercial potential of blue ammonia production in the UAE, according to WAM.

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Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.

During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.

He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.

The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.

-wam

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At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books

As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”

Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.

Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.

Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.

Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.

Automation

The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.

Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.

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US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79

US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.

In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.

He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.

President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.

-WAM

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