NEW DELHI: US President Donald Trump was accompanied by His Excellency Yasir Al-Rumayyan, the governor of Saudi Arabiaโs sovereign wealth fund, PIF, at UFC 309, a historic event that took place on November 16, 2024. Discussions on deepening ties between Saudi Arabia and the United Arab Emirates have surged after seeing this formidable pair at the event.
Very happy to see President Trump ๐บ๐ธ together with Saudi Arabiaโs sovereign fund PIF Governor H.E. Yasir Al-Rumayyan at #ufc309 last evening.
As an Emirati ๐ฆ๐ช , I say this again, Saudi ๐ธ๐ฆ success is the UAE success. pic.twitter.com/YBnMtEYs1c
โ ุญุณู ุณุฌูุงูู ๐ฆ๐ช Hassan Sajwani (@HSajwanization) November 17, 2024
Following the event, prominent Emirati businessman Hassan Sajwani, a significant figure in the UAEโs commercial scene, tweeted his support for the growing Saudi-UAE partnership. โVery happy to see President Trump together with Saudi Arabiaโs sovereign fund PIF Governor H.E. Yasir Al-Rumayyan at #ufc309 last evening,โ said Sajwani, who has long advocated for economic cooperation in the Gulf. I reiterate as an Emirati that the prosperity of Saudi Arabia is the success of the United Arab Emirates. This claim emphasizes the close political and economic ties between the two countries, especially when it comes to trade and investment.
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A number of high-profile initiatives, such as the Public Investment Fundโs (PIF) substantial investments in international markets, have demonstrated the UAE and Saudi Arabiaโs expanding strategic partnership. In an effort to diversify their economies and lessen their need on oil income, the two countries have been working closely together on a number of fronts, including economic development, technology, and defense.
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Sajwani, who has frequently argued for regional unity, views Saudi Arabiaโs progress as a crucial component of the UAEโs overall prosperity. His tweet embodies the Gulf Cooperation Councilโs (GCC) common vision for the future, which holds that regional stability depends on mutual prosperity.
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The attendance of such individuals at UFC 309 underscores the growing significance of commercial and cultural diplomacy in determining the future of the region as the worldโs focus shifts to the Gulf countriesโ expanding influence on the international scene.
