#trade

UAE, Jordan sign comprehensive economic partnership agreement

The UAE’s latest CEPA deal is with this Arab nation

The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023

UAE, Serbia strengthen economic partnership, exchange CEPA

UAE, Serbia strengthen economic partnership, exchange CEPA

This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains

UAE President to begin state visit to US on Sept 23

UAE President to begin state visit to US on Sept 23

The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023

UAE, Australia reach trade deal to boost exports, investment

UAE, Australia reach trade deal to boost exports, investment

The trade pact will remove tariffs on about 99 per cent of Australian products, resulting in savings of $91m (AUD135m) in the first year

British ministers head to the GCC for talks on new trade deal

British ministers head to the GCC for talks on new trade deal

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, China look to strengthen comprehensive strategic partnership

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

IHC launches Rorix Holdings GettyImages-1278411757

IHC’s new firm Rorix Holdings to accelerate trade

The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships

India’s duty cut halts silver, platinum imports from UAE

India’s duty cut halts concessionary silver, platinum imports from UAE

The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent

UAE EU trade talks Middle east

UAE hopes to reactivate trade talks with EU this year

The UAE has long advocated deeper EU involvement in the region

UAE-INDONESIA-TIES-WAM

UAE and Indonesia strengthen ties during high-level meet in Abu Dhabi

President Widodo was awarded the Order of Zayed, the UAE’s highest civilian honour, during a ceremony at Qasr Al Watan in Abu Dhabi

INDONESIA-UAE-VISIT

Indonesian President Joko Widodo begins UAE state visit to strengthen bilateral ties

This state visit marks the one-year anniversary of the CEPA, which was signed in July 2022, and took effect a year later

UK GCC TALKS

New UK government to finalise FTA by end of 2024, says GCC secretary-general

The GCC Secretary-General’s London visit comes a week after the UK elected a new Labour government

Rare LNG vessel sails through Red Sea, data shows

Asya Energy is the first LNG tanker to sail through the Strait since January, when LNG voyages through the Red Sea were first suspended

UAE banks provide Dhs15.6bn to trade, industrial sectors in Q1 2024

UAE banks provide Dhs15.6bn to trade, industrial sectors in Q1 2024

National banks accounted for 90 per cent of the combined credit to the two sectors, while the remaining 10 per cent (Dhs84.3bn) came from foreign banks

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

India and South Asia hold strategic importance for DMCC, particularly in sectors like technology, precious stones and agriculture

Saudi Arabia, Qatar - GCC

Qatar-Saudi relations flourish with surge in business activity

For Qatar, a top liquefied natural gas exporter, it is a chance to strengthen ties with its Arab neighbour, as well as try to diversify its economy

Cathay Pacific to connect Hong Kong with Riyadh

Cathay Pacific to launch flights connecting Hong Kong with Riyadh

The new service is expected to offer more travel options while promoting business, trade and tourism opportunities

Emiratisation UAE

UAE government records revenues of $18.03bn in 2023

The figures were part of the consolidated financial statement published by the UAE’s Ministry of Finance

Indian firms top Q1 2024 list of new joinees at Dubai Chamber of Commerce

Indian firms top Q1 2024 list of new joinees at Dubai Chamber of Commerce

Indian businesses top the list of nationalities of new companies joining Dubai Chamber of Commerce during Q1 2024 with 4,351 new members

UAE seeks deeper trade, investment ties with Malaysia

UAE, Malaysia seek deeper ties after trade reached $4.7bn in 2023

The trade pact between the two states is expected to boost investment in Malaysia by the Gulf state’s sovereign wealth funds

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

UAE off FATF grey list what it means for trade and investment-GettyImages-927096466

UAE is off FATF’s grey list: What that means for trade, investment

The UAE’s exit from the FATF’s grey list can be seen as a crucial step, albeit not the sole factor, for fostering robust growth in trade and investment

AD Ports explores development of multi-purpose port in Bangladesh

The partnership between AD Ports Group and the Chittagong Port Authority is poised to further strengthen economic cooperation

Turkey-Kuwait-X

Kuwait’s Sheikh Meshal tours Turkey in first non-Arab state visit

The visit underscored the importance of diplomatic ties between Turkey and Kuwait and laid the groundwork for enhanced cooperation in various fields

DET, Emirates join forces to promote Dubai’s hub status

DET, Emirates partner to jointly promote Dubai’s tourism hub status

The two entities will promote the city’s business-friendly policies and processes, ultra-modern infrastructure, and innovation-led economy

UAE-UKRAINE-CEPA

UAE, Ukraine finalise terms of CEPA deal

The trade deal aims to aid Ukraine’s recovery and rebuilding of key industries while helping to strengthen supply chains to the MENA region for exports such as grains, machinery and metals

Oman

Oman trade deal a priority for India: Reports

The trade ministers of India and Oman met in December 2023 and had asked their negotiators to wrap up talks on a comprehensive pact

China Southern inaugurates flights from Beijing to Riyadh

China Southern launches new flights connecting Beijing with Riyadh

The new routes reinforce Saudi Arabia’s commitment to boost the growth of the travel and aviation sectors

unctad rebrands as it marks 60th anniversary Imag courtesy UNCTAD

UNCTAD marks 60th anniversary with rebranding

UN Trade and Development’s Rebeca Grynspan emphasised the organisation’s commitment to supporting developing countries

Abu Dhabi

Abu Dhabi private sector sees robust growth, value hits Dhs338.9bn in 2023

The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently