The UAE is also keen to increase cultural exchange with Canada, he said.

The UAE remains among Canada's top trading partners and constitutes the largest regional market for Canadian goods, accounting for 25 percent of the GCC (Gulf Cooperation Council) market share. The UAE's trade with Canada surpassed $1.5 billion in 2008. In 2007, Canadian exports crossed $1.1 billion, an increase of 43.3 percent from the previous year.

More than 115 Canadian companies are active in the UAE, with more than 40 companies working in the oil and gas sector. UAE investors are also active in Canada.