Azerbaijan and the United Arab Emirates (UAE) have great potential for cooperation in various economic fields, including emerging sectors such as the digital economy, advanced technologies, and artificial intelligence, the Ambassador of the UAE to Azerbaijan Mohammed Al Blushi said at the event held in Baku on the topic of 'Real estate development model in Dubai'.
"The two countries have built their relations on solid foundations. Thanks to the strong will of Azerbaijan and the UAE leaders, businessmen and investors benefit from these relations. In 2011, the UAE embassy was opened in Baku, which opened new doors for further improvement of our links and helped organize mutual visits, meetings, and discussions for business structures. The Baku office of the Dubai Chamber of Commerce, the Trade Representative Office of Azerbaijan in Dubai, and the House of Azerbaijan Trade in the UAE operate today. We have a high level of mutual participation in business fairs and exhibitions, and our bilateral trade has increased," Ambassador said.