Non-oil trade between the UAE and Ireland reached $1.1bn in 2024, up from $694m in 2019
The talks will focus on trade in goods, services, investment and deepening cooperation in strategic sectors
Under the agreement, tariffs will be eliminated over five years on 99.5 per cent of UAE export lines and 98 per cent of Republic of the Congo export lines
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, and UAE’s Deputy Prime Minister and Minister of Defence, is on his first official visit to India
Non-oil exports surged 16 per cent year-on-year to Dhs107.8bn in 2024, compared to Dhs93bn in the previous year
The United States imposes a 2.5 per cent tariff on passenger vehicle imports, while India imposes 70 per cent, the White House said in a statement
The CEPA programme is playing a pivotal role in the UAE’s broader economic strategy, accelerating progress toward the ‘We the UAE 2031’ vision
Dubai World Trade Centre (DWTC) has broken new records in terms of attendance numbers at several of its key events, with 2.65 million attendees across their events last year
The DET has the authority to issue licenses allowing free zone establishments to operate in mainland Dubai or to open branches within the emirate
Fitch said the country’s Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance
For Middle Eastern businesses trading with the US, it is crucial to prepare now for potential shifts in trade policies
The partnership agreements provide frameworks for investment in the life sciences value chain, resource development and digital infrastructure
According to DP World, 15.5 million TEUs and 5.4 million metric tonnes of breakbulk cargo handled in 2024
The partnership aims to strengthen bilateral relations between the UAE and Vietnam, following the signing of a CEPA in 2024
While global trade grew by only 2 per cent in 2024, the UAE’s foreign trade expanded at a remarkable 14.6 per cent, outpacing the global average by seven times
The US dollar shot to a record peak against the Chinese yuan in offshore trading
This development reflects Dubai’s role as a global business hub and the chamber’s support of its economic growth through strategic international collaborations
With Vision 2030 driving infrastructure growth, Saudi Arabia is poised to become a global logistics hub, and Folk Maritime will play a pivotal role in this transformation, says Poul Hestbaek
The report highlighted the region’s performance in commodity exports, with the GCC ranking fifth worldwide in 2023
On January 23, the Saudi State news agency said the kingdom wants to put $600 billion into expanded investment and trade with the US over the next four years
Trump promised a “brand new day of American strength” at a rally on Sunday, January 19.
Gold has been supported by weakness in the dollar after inflation data this week sided with rate-cut expectations
The partnership will leverage AI and advanced data analytics to enhance national security, community safety, and operational efficiencies across both nations
While the trade surplus narrowed year-on-year, the growth in exports compared to the previous quarter highlights a resilient trade environment
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s CEPAs programme is designed to expand the country’s commercial and investment partnerships worldwide
In India, gold’s demand remained subdued last week as volatile prices prompted potential buyers to delay purchases, while higher rates in China are expected to potentially offset seasonal demand
Developed economies led the charge in the third quarter, posting a 3 per cent rise in imports and 2 per cent growth in exports, indicating their stronger position in the global trade landscape
The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives
The strategic partnership between ADCP and Investindustrial aligns with the UAE’s goals to foster innovation, attract foreign investment, and boost job creation within ADGM
The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships