The UAE and Malaysia have taken steps to enhance bilateral development in digital infrastructure by signing an agreement to establish a framework for investment cooperation in the field.
The agreement was signed by Mohamed Hassan Alsuwaidi, UAE minister of Investment, and Tengku Zafrul Aziz, minister of Investment, Trade, and Industry of Malaysia. It proposes the introduction of incentives to support relevant initiatives and facilitate the exchange of knowledge. It aims to promote digitization across key sectors and accelerate the adoption of advanced technologies and digital solutions.