#trade
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
Dubai World Trade Centre (DWTC) has broken new records in terms of attendance numbers at several of its key events, with 2.65 million attendees across their events last year
The partnership agreements provide frameworks for investment in the life sciences value chain, resource development and digital infrastructure
The partnership aims to strengthen bilateral relations between the UAE and Vietnam, following the signing of a CEPA in 2024
This development reflects Dubai’s role as a global business hub and the chamber’s support of its economic growth through strategic international collaborations
With Vision 2030 driving infrastructure growth, Saudi Arabia is poised to become a global logistics hub, and Folk Maritime will play a pivotal role in this transformation, says Poul Hestbaek
While the trade surplus narrowed year-on-year, the growth in exports compared to the previous quarter highlights a resilient trade environment
In India, gold’s demand remained subdued last week as volatile prices prompted potential buyers to delay purchases, while higher rates in China are expected to potentially offset seasonal demand
The fall in prices is significant for UAE residents, where gold plays a key role in savings and investments
The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives
The trade pact would remove tariffs for 51 per cent of New Zealand’s exports to the region from day one
The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals
The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships
The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023
This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains
The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023
The trade pact will remove tariffs on about 99 per cent of Australian products, resulting in savings of $91m (AUD135m) in the first year
A free trade deal with the GCC region is expected to boost the UK economy by $2.10bn (GBP1.6bn) over the long run
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Chinese Premier Li Qiang met this week to discuss economic, political, and cultural cooperation between the nations
The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships
The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent
The UAE has long advocated deeper EU involvement in the region
President Widodo was awarded the Order of Zayed, the UAE’s highest civilian honour, during a ceremony at Qasr Al Watan in Abu Dhabi
This state visit marks the one-year anniversary of the CEPA, which was signed in July 2022, and took effect a year later
The GCC Secretary-General’s London visit comes a week after the UK elected a new Labour government