H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, accompanied by Sheikh Khalid bin Saud Al Qasimi, vice chairman of the Investment and Development Office, today witnessed the signing of a Memorandum of Understanding (MoU) between Ras Al Khaimah and Miami, Florida, aimed at strengthening and enhancing exchange and cooperation across various sectors of mutual interest.
The agreement was formalized by Senior Advisor to H.H. Sheikh Saud, Mohammed Hassan Omran Alshamsi, and the Mayor of Miami, Francis Suarez.
H.H. Sheikh Saud stated, “This agreement marks the beginning of a new era of collaboration for Ras Al Khaimah and Miami, though it is a continuation of the long-standing friendship and strategic partnership between the United Arab Emirates and the United States. By encouraging greater collaboration and exchange, we open new pathways for innovation, investment and cultural dialogue. We look forward to building a dynamic partnership that reflects our shared values and ambitious visions for the future.”
Through the MoU, Ras Al Khaimah and Miami intend to establish a cooperative relationship across several sectors and areas of mutual interest. These include city planning and public security, business promotion and tourism, Smart City technology, innovation and start-ups, as well as sustainable development, aligning with the UN Sustainable Development Goals.
During the meeting, discussions also centered on enhancing economic, trade, and investment ties, along with the numerous existing U.S. companies based in Ras Al Khaimah, including Hilton, Guardian Glass, and Caresoft Global.
Read more: S&P upgrades Ras Al Khaimah’s economy to ‘A/A-1’ with stable outlook
Areas of cooperation
H.H. Sheikh Saud also emphasized the emirate’s vibrant economic landscape and the investment opportunities it presents to support business growth and innovation.
Mayor Suarez expressed his heartfelt appreciation to H.H. Sheikh Saud for the warm hospitality, commending the strong ties between the UAE and the US and highlighting an agreement that will usher in an exciting new chapter in relations between Ras Al Khaimah and one of the US’s most prominent cities.
The areas of cooperation outlined in the MoU encompass city planning and public security, business promotion and tourism, sustainable development and resilience, Smart City technology, innovation and startups, public management, urban mobility, primary care, logistics, culture, sports, and the promotion of the creative economy.