Here's how many transactions Dubai Customs processed in H1 2023

Dubai Customs reports H1 highlights, processes 14 million transactions

Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year

gcc

GCC Jeddah Summit: Sheikh Mohammed bin Rashid meets Saudi Crown Prince

Sheikh Mohammed is leading the UAE delegation to the GCC-C5 summit in Saudi Arabia

Turkey's president arrives in UAE

Turkey’s President Recep Tayyep Erdogan in UAE for bilateral meet

President Erdogan is scheduled to hold talks with UAE’s President Sheikh Mohamed bin Zayed Al Nahyan

Turkey Saudi Arabia

Turkey’s President Erdogan meets Saudi Crown Prince, gifts electric car: Watch

The two leaders tested the electric car Togg which has been domestically produced in Turkey

UAE-Japan Business Forum Image credit WAM

UAE, Japan ink 23 agreements, MoUs during business forum

The agreements cover sectors including energy, industry, advanced technology, AI, space, health, transport, conservation and circular economy

JAPAN-UAE MEET

Japan’s PM Fumio Kishida to visit UAE

Japan’s prime minister will arrive in Abu Dhabi from Jeddah, where he began his three-country Middle East tour

UAE, India trade hit Dhs1.41tn mark over 10-year period

UAE-India trade touches Dhs1.41tn over 10-year period

From 2013-2022, the trade growth rate between the two countries was 18.2 per cent, growing from Dhs159.72bn to Dhs188.8bn

PM Modi meets Sheikh Mohamed in UAE

UAE President, India’s PM meet; deals signed include MoU to set up payment in local currencies

India and UAE signed three crucial MoUs to further bilateral trade and economic partnership

Modi

Watch: India’s PM Modi lands in UAE, received by Crown Prince Sheikh Khaled bin Mohamed

Prime Minister Modi will hold talks with Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi

India

India’s PM Narendra Modi to visit UAE on July 15

The UAE is India’s third-largest trading partner and the two countries have a strong partnership in the field of energy security

abu dhabi

Abu Dhabi Customs launches new corporate identity

The new identity is in line with the custom authority’s aim of consolidating its position as a world-class clearance department

DMCC welcomes over 1,400 companies in H! 2023 uptown & jlt Image DMCC

Dubai’s DMCC welcomes 1,456 companies in H1 2023

DMCC is now home to more than 23,000 member companies from across the world

INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

dubai customs

Dubai Customs announces customs policies following trade deals

The customs authority has set up specialised customs centres and departments to ensure smooth flow of good and services

Dubai Chamber forays into the EU

Dubai Chamber inaugurates first European office in London

The chamber said the new office is aimed at strengthening relationships with key public and private sector stakeholders

UAE, Kazakhstan trade credit agencies sign an MoU

UAE, Kazakhstan export credit agencies sign agreement to boost trade

The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas

Arab-China Business Conference image Saudi Ministry of Investment

Arab-China Business Conference: Deals worth $10bn inked on opening day

Trade between China and Saudi Arabia alone exceeded $106bn last year, representing a 30 per cent growth rate during 2021

JEPLAN and Rebound to collborate Image credit Rebound

UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE

UAE-India CEPA talks

UAE-India CEPA impact: Bilateral non-oil trade reaches $50.5bn

The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal

Dubai Chambers Image credit WAM Dubai Chambers Dubai Media Office

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

UAE Exports to lead country's growth

UAE exports projected to reach Dhs2tn by 2030: report

The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030

trade finance

DP World, Standard Bank partner to expand trade finance in Africa

The partnership will help in closing the gap in unmet demand for working capital on the continent

Kemi Badenoch in UAE for trade talks

UK trade secretary Kemi Badenoch rounds off Gulf trip with visit to the UAE

The British trade secretary’s visit to the UAE focused on growing bilateral economic relations and creating momentum for a UK-GCC trade deal

critical mineral

UK-GCC trade talks: Saudi Arabia-leg sees focus on critical minerals

The UK and Saudi Arabia signed a declaration of intent to jointly develop resilient and responsible critical mineral supply chains

Khalifa Fund launches Franchise UAE image credit KFED

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

UK Business and Trade Secretary Kemi Badenoch

UK Business and Trade Secretary Kemi Badenoch on Gulf states tour

Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022

Mumbai

DMCC opens representative office in Mumbai to bolster UAE-India relations

The new office will provide a one-stop solution for Indian businesses looking to expand through Dubai and help them establish a presence in DMCC

UAE France

UAE, France trade grew 17%, reached Dhs29.5bn in 2022

The bilateral trade between the two countries consisted of imports valued at Dhs25.2bn, while exports and re-exports were valued at approximately Dhs4.2bn

UAE an enabler of global trade

UAE, Thailand agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Arabian Travel Market Dubai 2023 Photo WAM

Arabian Travel Market 2023 starts on May 1

For the first time, Arabian Travel Market 2023 will feature a Sustainability Hub, which will offer a venue for sessions dedicated to the latest sustainable travel trends and innovations