UAE president meet Pakistan head of state courtesy WAM

UAE President receives Pakistan PM, leaders discuss cooperation

The leaders also witnessed the announcement of three memoranda of understanding

Saudi Arabia’s ports show 13% yoY rise in cargo handled in 2022

Saudi Arabia’s ports record 13% year-on-year rise in cargo handled in 2022

The kingdom’s trade gateways also welcomed 933,000 passengers in 2022, a 36 per cent spike from 2021 when 688,000 passengers arrived in the country

DMCC attracts record number of companies in 2022

Dubai’s DMCC witnesses ‘best-ever’ year for registrations, welcomes 3,049 businesses in 2022

This marks a year-on-year increase of 23 per cent, breaking the previous record set in 2021 when DMCC registered 2,485 new members

UAE to host World Trade Organisation Ministerial Conference in 2024

UAE to host World Trade Organisation Ministerial Conference in 2024

The conference will be held in Abu Dhabi in the first quarter of 2024

UAE's Agthia Group partners with AD Ports Group to enhance supply chain connectivity

UAE’s Agthia Group partners with AD Ports Group to enhance supply chain connectivity

Both companies will collaborate to optimise Agthia’s logistics operations

Poland opens representative office in UAE

Poland opens representative office in UAE

The UAE is one of Poland’s largest trading partners in the region, with non-oil trade reaching $1.3bn in the first 9 months of 2022

DMCC digitises gold trading

Dubai’s DMCC digitises gold trading in partnership with ComTech Gold

Comtech Gold tokens will be created on the XinFin Protocol blockchain network based on the deposit of physical gold bars located in DMCC-approved vaults

AD Ports Group,TotalEnergies partner to explore solar opportunities

AD Ports Group, TotalEnergies partner to explore solar opportunities

Under the agreement, each partner will contribute expertise and technologies to conduct feasibility studies for distributed solar generation at KEZAD

Gulfood manufacturing Photo WAM

Gulfood Manufacturing 2022 concludes on a successful note

The three-day event saw global participation and highlighted key issues impacting food production and food service sectors

DMCC Logis agreement

Dubai’s DMCC, Panama’s Logis sign agreement to collaborate, share expertise

The free zones will share market insights, analysis, and forecasts to support the development of commodities trading

Abu Dhabi ADDED launches Phase 2 of Investor Journey

Abu Dhabi’s ADDED launches phase 2 of ‘Investor Journey’ programme

The Investor Journey programme has helped in facilitating ease of doing business by reducing costs and requirements, simplifying procedures, and enabling seamless integration of government services

AMAZON LAUNCHES INTELLECTUAL PROPERTY ACCELERATOR IN THE UAE

Amazon launches intellectual property accelerator in UAE to help SMBs trademark their brand

The IP Accelerator connects SMBs with a network of curated intellectual property law firms for trademark registration and advisory services

DAFZ-aerial-view

DAFZ records 36% YoY rise in non-oil trade in 2021, exceeds Dhs162bn in value

Asia accounted for 43 per cent of DAFZ’s total trade with a value of Dhs69.5bn, followed by the Middle East and North Africa

ecommerce_Dubai Chamber of Commerce study

UAE e-commerce market expected to touch $9.2bn by 2026: Dubai Chamber of Commerce

Total e-commerce sales in the UAE recorded remarkable growth in 2021, reaching $4.8bn during the year

DGCX Gold Futures

Dubai’s DGCX launches physical gold futures, spot gold contracts

These products provide traders and financial institutions the ability to use physical gold as collateral to access affordable sources of short-term lending

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE

Non-oil trade between UAE, China crosses Dhs1.72tn in 10 years

Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn

emirates skycargo united airlines

Emirates SkyCargo, United Cargo sign MoU to leverage combined networks

The agreement will build on existing cargo interline arrangements between both air cargo operators

DMCC concludes US roadshows, aims to grow UAE-US trade corridor

Following the two events in the US, DMCC’s team will travel to South America to engage with the business communities in Brazil over the coming weeks

ADQ and OIA to explroe investment opportunities

UAE’s ADQ, Oman’s OIA identify investment opportunities worth Dhs30bn

ADQ and OIA recently entered into a Dhs10bn partnership agreement to facilitate investments between the UAE and Oman across sectors of common interest

CEPA agreement

UAE, Georgia begin talks on comprehensive economic partnership agreement

The agreement aims to drive economic growth in the two countries

Safeen Feeders, Invictus

AD Ports’ Safeen Feeders, Invictus Investment to form JV, launch dry bulk shipping service

The two companies are expected to initially commit approximately Dhs463m for the investment into five ships

Indian exports to UAE rise five times since CEPA

Indian exports to UAE rise 14% YoY post CEPA

Indian exports to the UAE, excluding petroleum products, grew from $5.17bn from June to August last year to $5.92bn from June to August this year

Non-oil trade between UAE and Oman

Non-oil trade between UAE and Oman crosses Dhs362bn in 10 years

Non-oil exports accounted for 33 per cent of the total non-oil trade during the past ten years

FedEx insights on e-commerce

What’s driving the e-commerce industry: consumer behaviour or digital innovations?

More than ever, consumers now want fast, on-time and flexible delivery solutions, with the option of easy returns

UAE, Saudi Arabia non-oil foreign trade

UAE, Saudi Arabia non-oil foreign trade grows 92.5% over past decade

Saudi Arabia was the UAE’s fourth leading trading partner from 2012 to 2021, with trade exchange amounting to Dhs904.3bn

MoIAT, Korean Agency for Technology and Standards

UAE’s MoIAT, Korean Agency for Technology and Standards partner to boost standardisation

The aim of the MoU is to enhance technical collaboration and knowledge exchanges in standardisation to facilitate bilateral trade

Indian exports to GCC rise 44% to $43.9bn in FY 2021-22: FIEO

FIEO officials said paper and allied products exports to the GCC touched $638m in 2021 with the UAE taking a major share in the trade at $386m

DMCC in JLT to host ICA anual congress in 2023

UAE’s DMCC, International Coloured Gemstone Association to host ICA Annual Congress in Dubai

The ICA Annual Congress is set to take place from February 15 to 17 next year, at DMCC’s Almas Conference Centre

Plastic bags

Oman to ban import of plastic bags from January 2023

The ministry is working with concerned departments to develop specifications, ensuring a proper transition to alternatives

Saudi Arabia ports throughput volume 2022

Saudi ports see increase in throughput volumes in past eight months

General cargo volumes were up 8.93 per cent to reach 5,722,622 tonnes, with dry bulk cargo hitting 32,723,465 tonnes, reflecting a 7.16 per cent increase