UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed His Excellency Irakli Kobakhidze, Prime Minister of Georgia, who is on a working visit to the UAE. During their meeting at Qasr Al Shati, His Highness extended a warm welcome to the Georgian Prime Minister, wishing the country and its people continued progress and prosperity.

During the meeting, Sheikh Mohamed and Kobakhidze witnessed the signing of a memorandum of understanding on investment to establish development projects in Georgia.

“The largest investment in the history of Georgia – the development company Emaar Properties/Eagle Hills will invest $6 billion in Georgia,” said the Georgian government in a statement.