The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas
Trade between China and Saudi Arabia alone exceeded $106bn last year, representing a 30 per cent growth rate during 2021
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
The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal
The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities
The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030
The partnership will help in closing the gap in unmet demand for working capital on the continent
The British trade secretary’s visit to the UAE focused on growing bilateral economic relations and creating momentum for a UK-GCC trade deal
The UK and Saudi Arabia signed a declaration of intent to jointly develop resilient and responsible critical mineral supply chains
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
Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022
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
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
The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force
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
The trade and investment exchanges between the UAE and Vietnam totalled Dhs13.5bn in 2022, up 9 per cent from 2021
According to WTO data, the UAE ranked 11th in terms of exports of commodities and was the 18th importer of global merchandise goods worldwide
Additionally, the UAE cabinet meeting reviewed more than 19 initiatives to attract talent to the country
In 2023, inflation is projected to decelerate to 3.2 per cent, on the back of softer price increases in all categories
The UAE-Israel Comprehensive Economic Partnership Agreement was signed in May last year
The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button
The UAE now accounts for more than 63 per cent of the total volume of Georgia’s trade with Arab countries
Dubai World Trade Centre hosted 244 exhibitions and events in 2022, growing by 39 per cent over the previous year
Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022
The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform
In 2021, non-oil trade between the two countries totalled almost $60bn, resulting in a 27 per cent growth on the previous year
According to DMCC’s figures, trade for rough and polished diamonds touched $37.4bn in 2022
With the agreement, Etihad Cargo customers will benefit from additional cargo capacity out of Nairobi via the introduction of additional services from Nairobi to its hub in Abu Dhabi from April 1
This is the first time that the country’s non-oil foreign trade has surpassed the Dhs2tn mark
Jebel Ali handled 14 million TEU (twenty-foot equivalent units) in 2022, up 1.7 per cent year-on-year