In an interview with Sharjah 24, Mohamed Sheiha, the executive director of the Russian Business Council in Dubai and the Northern Regions, stated, “We are happy to be a partner with Sharjah FDI’s office for this event.” In order to strengthen ties in the area of mutual investment between Russia and the United Arab Emirates. Recent months have seen a doubling in trade volume between Russia and the United Arab Emirates as the two nations’ relationship enters uncharted territory.
There was a 60% increase in the number of Russian visitors visiting the UAE last year, reaching over a million. More than 2,500 Russian companies are already established in the United Arab Emirates, and more are expected to arrive soon as a result of the country’s attractive investment climate and the ease with which businesses can operate here.