Saudi Arabia was the top destination for members’ exports in H1 2023, with the total value recording year-over-year growth of more than 15 per cent
Al Dahra currently farms 28,000 hectares in Egypt that help sustain the country’s food security by producing staple crops
The city’s growth in the first quarter of 2023 significantly outpaced the growth rates of some of the most developed nations worldwide
This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness
Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year
The agreements cover sectors including energy, industry, advanced technology, AI, space, health, transport, conservation and circular economy
From 2013-2022, the trade growth rate between the two countries was 18.2 per cent, growing from Dhs159.72bn to Dhs188.8bn
DMCC is now home to more than 23,000 member companies from across the world
The chamber said the new office is aimed at strengthening relationships with key public and private sector stakeholders
The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas
The forum concluded with the signing of the Riyadh Declaration, underscoring continued collaboration between the China and Arab countries.
The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities
The firm will support UK companies seeking to engage in the Middle East in sectors such as healthcare, renewable energy and technology
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 partnership is expected to create new investment opportunities to support sustainable economic growth
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 Sydney office is the second to be inaugurated in 2023 and expands the chamber’s global network to 17 representation offices
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
Both the countries agreed to double the volume of trade and investment exchange over the next seven years
The agreement will serve as a catalyst to increase and diversify bilateral trade by substantially eliminating tariffs, reducing non-tariff trade barriers and promoting trade
Non-oil bilateral trade between the UAE and EU amounted to $56bn in 2022, achieving growth of 9.3 per cent
Ministry of Industry and Advanced Technology hosts around 30 German companies to discuss expanding cooperation in fields such advanced technologies and de-carbonisation
The country is the UAE’s second-largest trading partner in Africa, accounting for 8 per cent of total non-oil trade with the continent
The UAE is one of Brazil’s largest trading partners and President Lula’s visit is expected to boost bilateral relations between the two countries
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
The CEPA programme was launched in September 2021 to expand UAE’s trade and investment partnership with several strategic global markets
In 2023, inflation is projected to decelerate to 3.2 per cent, on the back of softer price increases in all categories