Red Sea - shipping - logistics

Global air cargo demand up 1.5% in Aug, first annual growth since 2022: IATA

Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), was up 12.2 per cent compared to August 2022

UK visas fees to rise by Oct 4 2023 image: Getty Images

UK visas: Fees set to rise from October 4, here are the details

The rise in fees mean that the cost for a visit visa for less than six months is rising by GBP15 to GBP115 (around Dhs514)

RICE EXPORT

India to export rice to the UAE: 75,000 tonnes approved through NCEL

Despite the larger ban, India is shipping rice to friendly and food vulnerable countries on their request to meet their food security demands

UAE-INDIA COP28

UNGA78: UAE, India foreign ministers meet, discuss COP28

The UAE Foreign Minister briefed his counterparts on the preparations for COP28, which is scheduled to be held in Dubai from November 30 to December 12

Dubai Chambers unveils new Mohammed bin Rashid Al Maktoum Business Award mage-credit-WAM-Dubai-Media-Office

Dubai Chambers unveils ‘reimagined’ Mohammed bin Rashid Al Maktoum Business Award

The award has undergone a comprehensive restructuring to reflect the needs of the business community, in line with Dubai’s vision and the goals of the D33 economic agenda

4 Mous signed at UAE Armenia joint business forum Image courtesy WAM

UAE, Armenia ink MoUs at joint business forum in Yerevan

One of the agreements signed between both sides will see the establishment of the UAE-Armenia Business Council.

UAE and Serbia in talks to establish CEPA _ Image courtesy WAM

UAE, Serbia in talks to establish CEPA

The UAE is the third-largest market for Serbian exports, with non-oil trade between the two countries in H1 2023 hitting $57.6m

UAE HAINAN

UAE, China’s Hainan province sign private-sector agreements to enhance trade

The event convened business leaders, trade promotion agencies, and business associations from both the UAE and Hainan Province

UAE ISRAEL BAHRAIN ABRAHAM ACCORDS Image courtesy: Getty Images

Abraham Accords: Marking the third anniversary of the historic agreement

Experts believe the third anniversary of the Abraham Accords is the most significant one yet

Saudi Arabia-India trade

Saudi Arabia to open investment office in India

Saudi minister said the government will send a delegation to India to look into the feasibility of opening such an office

Saudi Arabia - India meet

Saudi Arabia, India sign 47 MoUs during Crown Prince Mohamed bin Salman’s state visit

Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries

G20 _ UAE and India to boost comprehensive strategic partnership Image WAM

G20 summit: UAE President, Indian PM discuss comprehensive economic partnership

India invited the UAE to participate in the G20 process as a guest of honour under the Indian G20 Presidency

G20

G20 summit: UAE, Saudi Arabia, India, US announce historic trade corridor deal

The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent

Israel bahrain talks

Israel opens new embassy in Bahrain to boost economic, cultural ties

The Israeli foreign minister’s visit to Bahrain coincides with the third anniversary of the establishment of diplomatic relations between the two countries

DP World and Türkiye's Evyap Group sign partnership_Image WAM DP World

DP World acquires 58% equity stake in Turkey’s Evyap Port

The partnership will aim to enhance supply chain solutions in Turkey

UAE joins BRICS

UAE Economy Minister Abdulla bin Touq Al Marri on BRICS and beyond

As the UAE and Saudi Arabia join BRICS, the alliance brings the largest energy producers with the developing world’s biggest consumers

GLobal goods trade barometer results q2 2023 Getty images

Global goods trade rises, backed by strong auto demand: WTO

Global import demand remained weak during Q2 2023, weighed down by sluggish economic growth in leading economies including the European Union and China

India further tighthens rice shipments -Getty Images-653903198

India further tightens rice shipments in threat to global supply

The nation has already banned exports of broken rice and non-basmati white rice, curbed shipments of wheat and sugar, and restricted stockpiling of some crops

Dubai Chamber of Commerce names GCC as top export market for members in H1 2023 Image Dubai Media Office

GCC remains top export market for members in H1’23, reveals Dubai Chamber of Commerce

Saudi Arabia was the top destination for members’ exports in H1 2023, with the total value recording year-over-year growth of more than 15 per cent

BRICS Summit in South Africa

Five things to watch as South Africa hosts BRICS Summit

At least 40 heads of state and government will join the leaders of Brazil, Russia, India, China, and South Africa at the summit in Sandton

UAE President Sheikh Mohamed in Ethiopia

UAE President Sheikh Mohamed in Ethiopia, meets PM Abiy Ahmed

The two leaders issued a joint statement on climate action as well as signed bilateral agreements on renewable energy and enhancing trade linkages

Al Dhara and ADEX to supply wheat to Egypt in $500m deal image WAM

Al Dahra, ADEX partner to supply wheat to Egypt in $500m deal

Al Dahra currently farms 28,000 hectares in Egypt that help sustain the country’s food security by producing staple crops

India marks its 77th independence day

India at 77: A rising economic force

With 6-6.5 per cent GDP growth expected in 2023-24, India is set to enter the league of three largest economies before 2030

Dubai Chamber attracts 50 SMEs to Dubai in H1 2023

Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21

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