The Ministry of Investment has signed a memorandum of understanding with the Scottish government to enhance investment cooperation and facilitate mutual investment flows between the two countries.
This memorandum supports the ongoing efforts of the UAE to establish global economic partnerships that align with its long-term national vision for economic diversification and sustainable development.
The agreement was signed by Mohammed Abdulrahman Al-HawI, the Undersecretary of the Ministry of Investment, and Kate Forbes, Deputy First Minister and Cabinet Secretary for Finance and the Economy, representing the Scottish government.
Under the terms of the memorandum, a structured framework will be established to promote and facilitate investment cooperation, enhancing coordination among governmental institutions, investment promotion agencies, chambers of commerce, business associations, and private sector stakeholders in the UAE and Scotland.
Flow of Expertise
The collaborative efforts aim to promote the flow of capital, technology, and expertise, supporting sustainable economic growth, economic diversification, and long-term prosperity for both nations.
As part of the memorandum, cooperation will focus on the exchange of information regarding investment regulations, policies, and procedures, identifying and promoting investment opportunities in areas of mutual interest, and facilitating public-private partnerships.
The memorandum also supports collaborative opportunities between investment promotion agencies and encourages sharing best practices to improve the investment climate and promote joint investment projects.
Engagement with the business community and enhancing communication among investors are fundamental aspects of this collaboration, including proposed activities such as organizing business forums, trade exhibitions, and investment missions.
This agreement follows the successful “Investopia – Edinburgh” event held as part of the global Investopia dialogues in December 2025. It also supports the involvement of Scottish companies in the main “Investopia” event in Abu Dhabi scheduled for March 2026, along with a series of specialized global Investopia dialogues throughout the year and plans to host a broader global Investopia event in Scotland by late 2026.
Strong Partnerships
Mohammed Abdulrahman Al-HawI emphasized that the memorandum underscores the Ministry of Investment’s commitment to building strong and effective partnerships with leading global economies. It continues a trajectory of active engagement between the UAE and Scotland across government, business, and investment sectors.
This was recently demonstrated through the “Investopia” initiative, reflecting our shared ambition to turn discussions into tangible results. The ministry looks forward to deepening this partnership and creating high-quality investment opportunities that benefit the business ecosystems of both nations.
Kate Forbes remarked that the memorandum represents a significant step in enhancing economic relations between Scotland and the UAE. By strengthening investment cooperation channels, aligning priorities, and supporting the Scottish private sector to engage with partners in the UAE, we are laying the foundation for stronger collaboration and establishing the groundwork for more diverse, resilient, and future-oriented economic relations.