President Nicos Anastasiades and UAE Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan inaugurated the UAE embassy in Nicosia on Monday night.
“The opening of the embassy signals a new chapter in our relations, one that will certainly facilitate the expansion of the cooperation and interaction between our governments, our institutions and our societies,” the president said.
“Commercial and trade ties have also expanded. It is worth noting that the well-known UAE company DP World Ltd was awarded two concession agreements for Limassol port, following a transparent international tender. I trust that this is only the beginning of a mutually beneficial relationship,” he said.
Sheikh Abdullah, held a private meeting with Foreign Minister Ioannis Kasoulides earlier in the day. Following the meeting, he expressed the willingness of the UAE to share with Cyprus their experience on the natural gas and renewable energy resources sectors but also in encouraging some of its companies to look at the opportunities in Cyprus.
“There are huge potentials here in Cyprus in areas of solar, wind, geothermic energy, as well as in gas discoveries,” the minister said.
The two countries, Sheikh Abdullah said, are working closely in examining the potentials of the renewable energy resources.
Kassoulides said that they discussed the relations between the EU and the Gulf Cooperation Council, in light of the EU-GCC Ministerial Meeting that will take place next week in Brussels, which both ministers will be attending.
“A range of issues was discussed today, focusing on regional and international developments and terrorism,” he said.