Saud Bin Saqr Receives Finland's Ambassador To Discuss Economic Cooperation And Development
H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, recently hosted Tuula Johanna Yrjola, the Finnish Ambassador to the UAE. The meeting took place at his palace in Saqr bin Mohammed City, where they discussed enhancing bilateral relations. The ambassador was accompanied by a delegation of business leaders.
The discussions focused on economic cooperation between Ras Al Khaimah and Finland's business community. They highlighted the emirate's advanced business environment, robust infrastructure, and supportive legislative framework. These factors contribute to sustainable growth and provide strategic advantages for companies aiming to expand regionally and globally.
The ambassador expressed gratitude to H.H. Sheikh Saud for the warm reception. She praised the strong ties between the UAE and Finland, acknowledging the UAE’s significant regional and international presence. She also noted Ras Al Khaimah’s ongoing sustainable development across various sectors.
In April 2025, H.H. Sheikh Saud witnessed a significant event: the signing of a Memorandum of Understanding (MoU) between Ras Al Khaimah's government and Lahti Regional Development Company (LADEC Ltd.) from Finland. This agreement aims to foster cooperation in sustainable development.
The MoU outlines collaboration in areas like circular economy, eco-friendly production technologies, and bio-based solutions. It also covers waste management, recycling technologies, green buildings, and sustainable construction. The goal is to exchange knowledge and innovation in these fields.
This agreement also seeks to promote business and investment opportunities between both regions. It aims to expand sustainable business ventures, enhance partnerships, and facilitate market access. These efforts align with global sustainability goals, industrial growth, e-mobility solutions, and smart city initiatives.
The meeting underscored shared aspirations for prosperity through enhanced bilateral relations across various sectors. Both parties are committed to supporting development efforts that benefit their respective communities.
With inputs from WAM
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