#trade

UK Business and Trade Secretary Kemi Badenoch

UK Business and Trade Secretary Kemi Badenoch on Gulf states tour

Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022

UAE, Italy strengthen economic partnership

UAE, Italy strengthen economic ties, explore investment exchanges

The partnership is expected to create new investment opportunities to support sustainable economic growth

Mumbai

DMCC opens representative office in Mumbai to bolster UAE-India relations

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

Dubai Chambers signs MoU with AACCI

Dubai Chambers opens Sydney office, signs MoU with Australia Arab Chamber

The Sydney office is the second to be inaugurated in 2023 and expands the chamber’s global network to 17 representation offices

UAE France

UAE, France trade grew 17%, reached Dhs29.5bn in 2022

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

UAE an enabler of global trade

UAE, Thailand agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Morocco

UAE, Morocco review strengthening financial, economic cooperation

Both the countries agreed to double the volume of trade and investment exchange over the next seven years

Cambodia

UAE and Cambodia conclude comprehensive economic partnership agreement

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

bilateral trade

UAE, European Union discuss boosting bilateral ties

Non-oil bilateral trade between the UAE and EU amounted to $56bn in 2022, achieving growth of 9.3 per cent

UAE, Germany

UAE, Germany explore partnerships to build on industrial ties and climate efforts

Ministry of Industry and Advanced Technology hosts around 30 German companies to discuss expanding cooperation in fields such advanced technologies and de-carbonisation

UAE Dr. Thani bin Ahmed Al Zeyoudi.

UAE, South Africa seek to boost trade ties in energy, tourism

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

UAE and Brazil Presidents

UAE President receives President Lula of Brazil

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

UAE and Vietnam trade

UAE, Vietnam to launch free trade talks

The trade and investment exchanges between the UAE and Vietnam totalled Dhs13.5bn in 2022, up 9 per cent from 2021

UAE global merchandise trade crosses one trillion dollars Getty images

UAE’s global merchandise trade exceeds $1tn in 2022

According to WTO data, the UAE ranked 11th in terms of exports of commodities and was the 18th importer of global merchandise goods worldwide

UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi

UAE, Costa Rica to launch free trade talks

The CEPA programme was launched in September 2021 to expand UAE’s trade and investment partnership with several strategic global markets

Central bank projection for GDP growth in 2024 GettyImages-1432592872-e1670484896463

UAE central bank projects GDP growth rising to 4.3% in 2024

In 2023, inflation is projected to decelerate to 3.2 per cent, on the back of softer price increases in all categories

UAE_israel sign customs agreement and activate CEPA photo courtesy WAM

UAE, Israel ink customs agreement to boost trade ties, activate CEPA

The UAE-Israel Comprehensive Economic Partnership Agreement was signed in May last year

dubuy.com welcomes Al Naboodah Group Photo DP World

Al Naboodah Group joins DP World’s DUBUY.com

The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button

UAE and Georgia sign CEPA

UAE, Georgia sign comprehensive economic partnership agreement

The UAE now accounts for more than 63 per cent of the total volume of Georgia’s trade with Arab countries

UAE and South Korea trade

UAE to invest $30bn in South Korea over the next few years

The two countries agreed to enhance joint efforts to implement the MoU that was signed recently

Non-oil foreign trade between UAE, Kuwait grows 87% over a decade

UAE, Kuwait non-oil trade grows 87% over decade

Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022

DP World

DP World inks cooperation pact to spur Greater Caspian Region-Africa trade

The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform

Lorenzo Jooris on UAE-China ties

Opinion: Why the re-opening of China is good news for UAE’s economy

In 2021, non-oil trade between the two countries totalled almost $60bn, resulting in a 27 per cent growth on the previous year

DMCC says diamond trade grew by 17% in 2022

Dubai’s DMCC sees 17% rise in diamond trade in 2022

According to DMCC’s figures, trade for rough and polished diamonds touched $37.4bn in 2022

Dubai Chambers inaugurates new office in Hong Kong

The office will promote trade from Hong Kong to Dubai and attract more businesses to the emirate

UAE’s non-oil foreign trade grows 17% in 2022

UAE’s non-oil foreign trade grows 17% in 2022

This is the first time that the country’s non-oil foreign trade has surpassed the Dhs2tn mark

Karl Hougaard shares the top businesses to star in the UAE in 2023

Top businesses to start in the UAE in 2023

The UAE offers a variety of business opportunities, both on and offline, for entrepreneurs looking to start new ventures in 2023

UAE President visits Pakistan

UAE President visits Pakistan

The two sides reviewed several regional and global issues of mutual concern and exchanged views

India-UAE Partnership Summit held in Dubai

India-UAE Partnership Summit held, underscores economic partnerships for joint growth

The summit showcased UAE-India economic ties and examined business opportunities in manufacturing and startups, agritech and food processing, healthcare, fintech and investment

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs has been active in recycling counterfeit goods with more than 93 recycling operations that targetted 173,000 counterfeit items last year