CEPA Connect convened senior officials and business leaders to explore how the UAE-Australia CEPA is set to boost trade, education, healthcare, and sustainable energy collaboration between the two nations
More than 3,000 new business bank accounts opened through Dubai Unified Licence and more than 134,000 business profiles updated
The new framework enables over 10,000 free zone companies to operate in mainland through structured permit
During the meeting, UIBC-UC launched its latest research paper, Strength in Synergy: Unlocking India-UAE CEPA Global Potential
The report highlights that trade can be a powerful enabler of AI-supported growth by helping economies access AI-enabling goods such as raw materials, semiconductors and intermediate inputs
Chemical products and machinery were the top non-oil exports and imports, respectively, with China continuing to be the primary trading partner in Q2 2025.
UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has said the agreement will raise non-oil bilateral trade to more than $10bn annually by 2033
The chamber supported the expansion of 60 local companies into new overseas markets during H1 2025
The deal comes as part of the UAE’s CEPA programme, which aims to raise non-oil foreign trade to Dhs4.04tn by 2031
To support policy advocacy and reform, 15 working groups were established, while the chamber published 364 economic reports to inform decision-making across industries
All countries not specifically listed in the annex will face a flat 10% duty increase
The US ranked sixth among the UAE’s top 10 trading partners with a 29 per cent growth, and France entered the top 10 list for the first time
DGCX plays a vital role in Dubai’s status as a leading global gold trading hub
The UAE is currently the leading Arab investor in Azerbaijan, with total investments exceeding $1bn
The total trading value also experienced a notable increase of 33.5 per cent, rising from Dhs134.4bn to approximately Dhs179.5bn
Spot gold was up 0.1 per cent at $3,371.15 an ounce, as of 0526 GMT. US gold futures fell 0.6 per cent to $3,388.60
The agreements span a wide range of areas, with key MoUs covering healthcare, infrastructure, investment, social development, energy transition, and AI
Bullion has lost 3.3 per cent so far this week and is set for its worst weekly performance since November 2024
DP World has since replicated Jafza’s model across 11 zones globally, including in the UK, India, Dominican Republic, and Somaliland
New licensing categories offer greater flexibility for asset management, investment holding and regional oversight
Economic uncertainty and weakened goods trade are expected to reduce demand for transport and intermediate services in 2025
The UAE ranked 11th globally in merchandise exports and 13th in services exports last year
Georgieva emphasised the need for rebalancing policies — fiscal, monetary, and structural — that reduce vulnerabilities and mitigate trade frictions
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