Global import demand remained weak during Q2 2023, weighed down by sluggish economic growth in leading economies including the European Union and China
The nation has already banned exports of broken rice and non-basmati white rice, curbed shipments of wheat and sugar, and restricted stockpiling of some crops
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
At least 40 heads of state and government will join the leaders of Brazil, Russia, India, China, and South Africa at the summit in Sandton
The two leaders issued a joint statement on climate action as well as signed bilateral agreements on renewable energy and enhancing trade linkages
Al Dahra currently farms 28,000 hectares in Egypt that help sustain the country’s food security by producing staple crops
With 6-6.5 per cent GDP growth expected in 2023-24, India is set to enter the league of three largest economies before 2030
The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21
Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year
Sheikh Mohammed is leading the UAE delegation to the GCC-C5 summit in Saudi Arabia
President Erdogan is scheduled to hold talks with UAE’s President Sheikh Mohamed bin Zayed Al Nahyan
The two leaders tested the electric car Togg which has been domestically produced in Turkey
The agreements cover sectors including energy, industry, advanced technology, AI, space, health, transport, conservation and circular economy
Japan’s prime minister will arrive in Abu Dhabi from Jeddah, where he began his three-country Middle East tour
From 2013-2022, the trade growth rate between the two countries was 18.2 per cent, growing from Dhs159.72bn to Dhs188.8bn
India and UAE signed three crucial MoUs to further bilateral trade and economic partnership
Prime Minister Modi will hold talks with Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi
The UAE is India’s third-largest trading partner and the two countries have a strong partnership in the field of energy security
The new identity is in line with the custom authority’s aim of consolidating its position as a world-class clearance department
DMCC is now home to more than 23,000 member companies from across the world
The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing
The customs authority has set up specialised customs centres and departments to ensure smooth flow of good and services
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
Trade between China and Saudi Arabia alone exceeded $106bn last year, representing a 30 per cent growth rate during 2021
Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE
The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal
The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities
The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030
The partnership will help in closing the gap in unmet demand for working capital on the continent