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UAE delegation eyes PH for investment opportunities

MANILA, Philippines – United Arab Emirates (UAE), one of the world’s wealthiest countries, is looking for investment opportunities in the Philippines and has also invited Filipino businessmen to come to UAE to look at opportunities there.

“[For] a lot of us, this is our first time here in the Philippines. It’s an excellent opportunity to explore the potential of investment in the Philippines,” Sultan Bin Saeed Al-Mansouri, UAE economic minister, said after a meeting with Vice-President Jejomar Binay on Wednesday, Feb. 26.

Al-Mansouri was with a delegation from various UAE industries, particularly petrochemicals, real estate and malls, and attended a forum Tuesday to meet with Filipino businessmen.

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