Mexican businessmen, including Ricardo Salinas Pliego, president of the Board of Directors of Grupo Salinas, held a private meeting to talk about business with Abdullah Bin Zayed al Nahyan, Minister of Foreign Affairs of the United Arab Emirates, who sees a high interest in investing in key sectors of the Mexican economy.
All this happened within the framework of the Mexico -Arab business forum, where the owner of Banco Azteca and Grupo Elektra was invited.
The Mexican millionaire was asked if you are interested in investing in the oil industry, innovation or air industry of United Arab Emirates.
While she was protected by her security team, the Mexican billionaire raised two fingers from her right hand and smiled. He left without any answer. But it is known that there is an admiration of Ricardo Salinas Pliego by the United Arab Emirates, even in February 2025 he published an article on the development of the Middle East economy.
“For everyone to learn (although some will never do it), I explain how things are in the United Arab Emirates, of which Dubai is an emirate, curiously it is a small country, without many natural resources where to lend hand, surrounded by desert, where the government does not charge taxes to citizens,” said the owner of Televisión Azteca in an article published on different digital platforms.
Ricardo Salinas Pliego in his writing Question: “Why don’t you pay taxes and what does the government live?
In Dubai, the absence of personal and corporate taxes is a key strategy to attract international investment and talent. ”
The businessman said that in Dubai taxes are not paid for several reasons and one is the income of oil and gas.
“Although Dubai has little oil, the oil revenues of other Emirates, especially Abu Dhabi, are shared among all the Emirates; Dubai has diversified their sources of income,” he added.
Today the Government obtains significant income from rates for services such as commercial licenses, construction permits, and land use rights, he added.
The government has and operates several state companies that generate profits, such as Emirates Airlines, Dubai Ports Authority, and Dubai Aluminium, Ricardo Salinas said.
Tourism income, including hotels, entertainment, and thematic parks, are vital.
The Vice Primer Minister of United Arab Emirates spoke privately with Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE), and Mexican Business Council of Foreign Trade, Investment and Technology (COMCE).
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