Businesses with at least 50 employees must ensure compliance with Emiratisation

Family-owned businesses ‘make up 90%’ of UAE’s private sector

The vast majority of businesses in the UAE are, interestingly, family-owned businesses, according to a key organisation representing this sector

Saudi wins bid to host World expo 2030 GettyImages-1169219013

Saudi Arabia wins bid to host World Expo in 2030

The kingdom will host the global event from October 2030 until March 2031

Ahmed Bin Sulayem Executive Chairman and CEO DMCC will chair the Kimberely Process as the UAE assumes chairmanship in 2024 Image DMCC

UAE to chair UN’s Kimberley Process in 2024

The Kimberley Process is a key United Nations initiative tasked with curbing the entry of conflict diamonds into the mainstream rough diamond market

UAE CANADA FM MEET

UAE-Canada talks: Foreign ministers meet in Abu Dhabi

The two sides also discussed the latest developments in the Middle East region and ways to protect all civilians from the repercussions of the current crisis

UAE GCC CHINA TRADE CONFERENCE

UAE participates in first GCC-China economy and trade ministerial conference

The conference was aimed at enhancing dialogue between the GCC and Chinese business communities to lead to the creation of diverse business opportunities

UAE President and Singapore PM discuss bilateral relations Image WAM

UAE President, Singapore PM discuss bilateral relations

The two leaders discussed the need to promote the values of tolerance, coexistence, and dialogue, given their close link with regional and international peace and stability

UAE President receives Singapore PM Image WAM

UAE President receives Prime Minister of Singapore in Abu Dhabi

The Singaporean Prime Minister also met Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance

US President Joe Biden (R) speaks with European Commission President Ursula von der Leyen

US-EU Summit: Prospects dim for trade deals, with focus on crises in Middle East, Ukraine

The US has proposed forming a largely tariff-free green steel club that would also be open to other allies

Egypt

UAE agribusiness in talks to acquire land in Egypt: Report

Egypt has been able to reclaim some desert as it seeks to feed a growing population but still only cultivates about 4 per cent of its total land area

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

israel gaza crisis global financial markets

Global market reaction to a week of the Israel-Gaza crisis

Oil and gas markets have been where the nervousness has been most evident due to fears that Israel could become bigger

UAE-US trade talks

UAE-US trade talks: President Sheikh Mohamed bin Zayed meets US Secretary of Commerce

The two sides discussed non-oil trade opportunities and discussed ways for the two nations to strengthen their bilateral relationship

UAE GEORGIA CEPA

UAE and Georgia sign CEPA to boost trade

By removing or reducing tariffs on 95 per cent of product lines, the agreement is set to boost non-oil trade value beyond $1.5bn in the next five years.

UAE-INDIA TRADE TALKS

UAE, India sign MoU to develop domestic card scheme during high-level trade talks

The two countries signed multiple agreements during the trade meet which include digital payment systems, food security, and startups

Maersk

Global air cargo demand up 1.5% in Aug, first annual growth since 2022: IATA

Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), was up 12.2 per cent compared to August 2022

UK visas fees to rise by Oct 4 2023 image: Getty Images

UK visas: Fees set to rise from October 4, here are the details

The rise in fees mean that the cost for a visit visa for less than six months is rising by GBP15 to GBP115 (around Dhs514)

RICE EXPORT

India to export rice to the UAE: 75,000 tonnes approved through NCEL

Despite the larger ban, India is shipping rice to friendly and food vulnerable countries on their request to meet their food security demands

UAE-INDIA COP28

UNGA78: UAE, India foreign ministers meet, discuss COP28

The UAE Foreign Minister briefed his counterparts on the preparations for COP28, which is scheduled to be held in Dubai from November 30 to December 12

Dubai Chambers unveils new Mohammed bin Rashid Al Maktoum Business Award mage-credit-WAM-Dubai-Media-Office

Dubai Chambers unveils ‘reimagined’ Mohammed bin Rashid Al Maktoum Business Award

The award has undergone a comprehensive restructuring to reflect the needs of the business community, in line with Dubai’s vision and the goals of the D33 economic agenda

4 Mous signed at UAE Armenia joint business forum Image courtesy WAM

UAE, Armenia ink MoUs at joint business forum in Yerevan

One of the agreements signed between both sides will see the establishment of the UAE-Armenia Business Council.

UAE and Serbia in talks to establish CEPA _ Image courtesy WAM

UAE, Serbia in talks to establish CEPA

The UAE is the third-largest market for Serbian exports, with non-oil trade between the two countries in H1 2023 hitting $57.6m

UAE HAINAN

UAE, China’s Hainan province sign private-sector agreements to enhance trade

The event convened business leaders, trade promotion agencies, and business associations from both the UAE and Hainan Province

UAE ISRAEL BAHRAIN ABRAHAM ACCORDS Image courtesy: Getty Images

Abraham Accords: Marking the third anniversary of the historic agreement

Experts believe the third anniversary of the Abraham Accords is the most significant one yet

Saudi Arabia-India trade

Saudi Arabia to open investment office in India

Saudi minister said the government will send a delegation to India to look into the feasibility of opening such an office

Saudi Arabia - India meet

Saudi Arabia, India sign 47 MoUs during Crown Prince Mohamed bin Salman’s state visit

Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries

G20 _ UAE and India to boost comprehensive strategic partnership Image WAM

G20 summit: UAE President, Indian PM discuss comprehensive economic partnership

India invited the UAE to participate in the G20 process as a guest of honour under the Indian G20 Presidency

G20

G20 summit: UAE, Saudi Arabia, India, US announce historic trade corridor deal

The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent

Israel bahrain talks

Israel opens new embassy in Bahrain to boost economic, cultural ties

The Israeli foreign minister’s visit to Bahrain coincides with the third anniversary of the establishment of diplomatic relations between the two countries

DP World and Türkiye's Evyap Group sign partnership_Image WAM DP World

DP World acquires 58% equity stake in Turkey’s Evyap Port

The partnership will aim to enhance supply chain solutions in Turkey

UAE joins BRICS

UAE Economy Minister Abdulla bin Touq Al Marri on BRICS and beyond

As the UAE and Saudi Arabia join BRICS, the alliance brings the largest energy producers with the developing world’s biggest consumers