President Paul Kagame on Monday met with investors from the Maldives and the United Arab Emirates at Village Urugwiro, in talks aimed at exploring new investment opportunities in Rwanda, particularly in tourism, construction and related sectors.
The meeting brought together Mohamed Ali Janah, the head of Hotels and Resorts Investment Maldives and a senior executive at JIH Global Investments, alongside Ghassan Aboud and Ahmad Aboud, executives of Ghassan Aboud Group, a multinational business group based in the UAE.
Discussions focused on Rwanda’s investment potential and ongoing efforts to attract private sector participation in strategic areas that support economic growth and job creation.
Rwanda and the Maldives established diplomatic relations in September 2019, with cooperation steadily expanding since then. In June 2022, the two countries signed five cooperation agreements in Kigali to strengthen bilateral ties. Both countries are members of the Commonwealth and continue to collaborate through diplomatic and economic exchanges.
The Maldives, an island nation in the Indian Ocean, gained independence from the United Kingdom in 1965. Its economy has largely been driven by tourism and fishing, enabling the country to progress from least developed status to a lower-middle-income economy.
Ghassan Aboud Group, founded in 1994 and headquartered in the UAE, operates across multiple countries and sectors, including automotive trading and spare parts, hospitality, construction and other investment areas. The group’s hospitality portfolio includes the Crystalbrook Collection in Australia.
The meeting reflects Rwanda’s continued engagement with international investors as part of its strategy to expand foreign investment and strengthen key sectors of the economy
