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Sharjah24 | الرئيسية
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Sharjah24

2026-09-15T13:47:57.000Z

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Sharjah24 | الرئيسية

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Foramad and Azerbaijan Holding partner

Foramad and Azerbaijan Holding partner

The Abu Dhabi government, through the "Lemad" Group and Azerbaijan Holding Investment Company (AIH), signed a strategic cooperation agreement to strengthen the investment and economic relations between the UAE and Azerbaijan, in the presence of the President of Azerbaijan and the Deputy Ruler of Abu Dhabi. The agreement aims to explore joint investment opportunities in the sectors of industry, metals, infrastructure, energy, and digital connectivity, with a focus on enhancing economic development and developing supply chains. This partnership is part of efforts to boost bilateral relations, as the non-oil trade volume between the two countries increased from $0.98 billion in 2022 to $2.16 billion in 2025.

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