NEW DELHI: US President Donald Trump was accompanied by His Excellency Yasir Al-Rumayyan, the governor of Saudi Arabia’s 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 🇺🇸 together with Saudi Arabia’s sovereign fund PIF Governor H.E. Yasir Al-Rumayyan at #ufc309 last evening.
As an Emirati 🇦🇪 , I say this again, Saudi 🇸🇦 success is the UAE success. pic.twitter.com/YBnMtEYs1c
— حسن سجواني 🇦🇪 Hassan Sajwani (@HSajwanization) November 17, 2024
Following the event, prominent Emirati businessman Hassan Sajwani, a significant figure in the UAE’s commercial scene, tweeted his support for the growing Saudi-UAE partnership. “Very happy to see President Trump together with Saudi Arabia’s sovereign fund PIF Governor H.E. Yasir Al-Rumayyan at #ufc309 last evening,” 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 Fund’s (PIF) substantial investments in international markets, have demonstrated the UAE and Saudi Arabia’s 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.
Sajwani, who has frequently argued for regional unity, views Saudi Arabia’s progress as a crucial component of the UAE’s overall prosperity. His tweet embodies the Gulf Cooperation Council’s (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 world’s focus shifts to the Gulf countries’ expanding influence on the international scene.