Kenyan President Mwai Kibaki held discussions with UAE’s Minister for Foreign Affairs Sheikh Abdullah Bin Zayed Al Nahyan at the State House Nairobi on May 2 discussing investment opportunities in the East African country. The president said that not only did Kenya have favorite economic conditions, but it also had a skilled labor force.
According to the Presidential Press Service, Kibaki said Kenyan professionals were efficiently working in various parts of the globe as testified by an estimated population of 10,000 of them working in UAE presently.
Saying that Kenya was keen on partnering with UAE to improve the living standards of citizens of the two countries, Kibaki noted that key sectors of collaboration between the countries included agriculture, infrastructure, transport, the hotel, and the service industry in general.
Sheikh Nahyan expressed the keenness by the UAE government to host the headquarters of the International Renewable Energy Agency and was seeking Kenya’s support in their quest to achieve the objective. The visiting minister said that the two governments were equally keen on entering into a bilateral agreement on encouraging and protecting investments.