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 two top oil consumers have recently renewed their trade war, imposing additional port fees on ships carrying cargo between them
The new framework enables over 10,000 free zone companies to operate in mainland through structured permit
DP World said the collaboration combines its global supply chain expertise with PayPal’s payments infrastructure to support international trade and enhance efficiency for businesses
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
With 30 per cent of global trade passing through the Red Sea and Gulf of Aden, security concerns and chokepoints remain front of mind for regional operators
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
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
The UAE is currently the leading Arab investor in Azerbaijan, with total investments exceeding $1bn
Spot gold was up 0.1 per cent to $3,386.29 an ounce, as of 1203 GMT. US gold futures fell 0.4 per cent to $3,404.90
The report warns that sluggish growth will hinder developing economies in their efforts to create jobs, reduce extreme poverty, and close per capita income gaps with advanced economies
The dollar index rose 0.3 per cent against its rivals, making gold more expensive for other currency holders
The agreements span a wide range of areas, with key MoUs covering healthcare, infrastructure, investment, social development, energy transition, and AI
Against the backdrop, public and private-sector decision makers in the GCC must think strategically and leverage their stability and strengths to prepare for the new-look future
Bullion has lost 3.3 per cent so far this week and is set for its worst weekly performance since November 2024
A slate of high-profile business deals across Riyadh, Doha and Abu Dhabi are being unveiled this week
The world’s two largest economies said they would suspend most of the punitive tariffs that have battered global trade flows
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
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 UAE’s CEPA agreements are aimed at lowering trade barriers with key global partners
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 CEPA programme is playing a pivotal role in the UAE’s broader economic strategy, accelerating progress toward the ‘We the UAE 2031’ vision