#South Korea

UAE-SOUTH KOREA-CEPA deal

UAE-South Korea sign historic CEPA deal during President Sheikh Mohamed’s visit

Under the CEPA, both nations will eliminate tariffs on more than 90 per cent of imports over time

uae-south korea-1

UAE President Sheikh Mohamed in South Korea: Highlights of Day 1

During closed-door meetings with the UAE President, South Korean industry leaders discussed enhancing partnerships in advanced technology sectors such as semiconductors, and renewable energy

UAE holiday list 2025

Public holiday dates in 2025: UAE announces calendar

The list of holidays, is applicable for both government and private sectors, unless stated otherwise

President Sheikh Mohamed in South Korea

UAE President Sheikh Mohamed arrives in South Korea on first leg of Asia visit

During the state visit, the UAE president is expected to meet key business leaders, including Samsung Electronics Chairman Lee Jae-yong, and Hyundai Motor Group’s Euisun Chung among others

UAE, Korea conclude CEPA negotiations Image courtesy WAM

UAE, South Korea successfully conclude CEPA negotiations

A UAE-Korea CEPA will reinforce East-West supply chains, facilitate FDI flows, and enhance joint research and knowledge exchange across a range of sectors

UAE seeks to bolster economic, investment ties with South Korea

UAE seeks to bolster economic, investment ties with South Korea

The two countries agreed on new plans in the field of entrepreneurship, including programs and facilities to foster startup growth

South Korea

South Korea to surpass China in chip machine spending next year

Chip foundries are particularly important in the race for economic and political dominance

UAE and South Korea trade

UAE to invest $30bn in South Korea over the next few years

The two countries agreed to enhance joint efforts to implement the MoU that was signed recently

Samsung

Samsung drives $400bn South Korea plan to propel key tech

The company plans to build a new chip cluster on the outskirts of Seoul

These are the best passports for travellers to hold in 2023

The ranking, published by Henley & Partners, uses data from the International Air Transport Association

Kuwait

Kuwait says oil buyers don’t want to boost imports next year

The OPEC member exports about 2 million barrels a day of crude, most of it to Asian countries such as China, South Korea, Japan and India

Aramco says hydrogen talks with Japan, South Korea are advancing

Much of the gas for Aramco’s blue hydrogen will come from Saudi Arabia’s massive Jafurah field

GCC unified visa

These are the world’s most and least powerful passports in 2022

As recently as 2017, Asian countries barely featured among the world’s 10 most-accepted passports

IPOs

Here are Asia’s biggest IPOs to watch for the second half

Share sales globally plummeted some 70 per cent from a year ago in the first half, to levels not seen in almost two decades

Samsung

Samsung is first to start mass production of 3-nanometre chips

Samsung’s 3nm products reduce power consumption by up to 45 per cent and improve performance by 23 per cent compared to 5nm chips

Qatar orders six gas ships from South Korea to boost exports

LNG is seen as an important substitute for fuels such as oil and coal

Abu Dhabi updates ‘green list’ destinations, includes two new countries

The new list, which includes 14 destinations, will be in effect from April 5

Saudi Arabia to ship gas to South Korea and take CO2 back

The state-run energy company already uses carbon dioxide to pump more crude out of the ground in a process known as enhanced oil recovery

Iran seizes ship, ramps up nuclear enrichment

The guard corps took the ship to Bandar Abbas port in Iran

Samsung Electronics chairman, Lee Kun-hee, dies at 78

The reins are now set to pass to his only son Jay Y. Lee, who’s been the conglomerate’s de facto leader since his father’s hospitalisation in 2014

UAE’s food security initiatives: Growing rice in the desert

The Covid-19 pandemic, while ringing in other changes, is also spurring the UAE to grow more of its food

Why Covid-19 is leading to a digital transformation in healthcare

The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer

Top 10 countries with the fastest internet speeds

Asia and Europe have the fastest internet connection speeds globally, a new report shows.