 | ||
Malaysia–United Arab Emirates relations refers to foreign relations between Malaysia and United Arab Emirates. United Arab Emirates has an embassy in Kuala Lumpur, and Malaysia has an embassy in Abu Dhabi. Relations between the two countries are mainly in economic co-operation.
Contents
History
Malaysia established its embassy in Abu Dhabi in 1983 with the main purpose to strengthening its political, economic and socio-cultural links with the country.
Economic relations
Since 2008, United Arab Emirates has become one of the Malaysia's largest trading partner among the GCC countries with a total trade around Dh21.6 billion. A large of United Arab Emirates companies have invested in Malaysia such as Abu Dhabi Commercial Bank, Mubadala, Limitless and Adia. There are around 6,000 Malaysians in United Arab Emirates with many of them working in the professionals sectors both in foreign and local companies. The communities have played an important role to strengthen the relationship between the two countries. United Arab Emirates embassy has recognised a number of Malaysian companies in the country in promoting the Malaysian brand. An agreement in avoidance of double taxation also has been signed to boost economic co-operation between the two countries. Currently, the United Arab Emirates in the process to seeks more opportunities to invest in Malaysia. In May 2014, following the visit of Prime Minister Najib Razak to United Arab Emirates, a memorandum of understanding between Lulu Hypermarket and the Federal Land Development Authority (FELDA) was signed for the establishment of ten Lulu Hypermarkets in Malaysia. As a mark of close friendship relations between the two countries, the Crown Prince of United Arab Emirates Sheikh Mohammed Zayed al Nahyan has proposed to build a mosque in Kuala Lumpur as a gift to Malaysia, with an architecture design similar like the Sheikh Zayed Grand Mosque. While another two memorandum of understanding on tourism and higher education has been signed during the meeting.