#trade
The trade surplus in Saudi Arabia remains stable amid continued levels of strong trade in the country
Dubai’s reputation as one of the top global shipping hubs is further entrenched amid a rise in customs transactions this year.
The UAE’s Ministry of Investment has identified potential investments worth over $2bn for the projects in this partnership
King Abdullah II bin Al-Hussein of Jordan is in the UAE on a state visit
The parties will collaboratively explore the establishment of a green hydrogen export corridor between ACWA Power’s hydrogen production sites and the port of Amsterdam
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
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
Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), was up 12.2 per cent compared to August 2022
One of the agreements signed between both sides will see the establishment of the UAE-Armenia Business Council.
The UAE is the third-largest market for Serbian exports, with non-oil trade between the two countries in H1 2023 hitting $57.6m
The VP of Free Zone Regulatory Operations, DWTC talks about how the authority is focused on supporting SMEs and sustainability, and is attracting global businesses to the emirate
The inauguration of the office is part of the ‘Dubai Global’ initiative, which seeks to attract new business, investment, and talent to the emirate
The two countries already share a productive trade relationship, with non-oil trade reaching $805m in 2022
The partnership will aim to enhance supply chain solutions in Turkey
Global import demand remained weak during Q2 2023, weighed down by sluggish economic growth in leading economies including the European Union and China
The free zone introduced the ‘Intelak Incubators’ initiative in H1, offering tailored accelerator and incubation programmes to startups
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