The UAE and China have officially launched the Qingdao Overseas Integrated Service Centre (QOISC) during the China-Arab Business Forum in Qingdao. This initiative represents a significant advancement in strengthening economic ties and accelerating trade, which reached a record $400 billion between China and the Arab world in 2024. The forum was organized by the Qingdao...
Dubai, UAE; 25 June 2025: Mashreq, a leading financial institution in the MENA region, has announced the opening of its new representative office in Türkiye. This expansion emphasizes Mashreq’s commitment to supporting Turkish financial institutions and corporations, enhancing its operational presence to a total of 15 countries. As one of the largest correspondent banks in...
The UAE-India CEPA Council (UICC), in collaboration with the Embassy of the United Arab Emirates in India, launched the UAE-India CEPA Start-up Series during a high-profile event in New Delhi. This initiative aims to enhance innovation and support the international growth of Indian start-ups as part of the commitments outlined in the UAE-India Comprehensive Economic...
Dubai International Chamber, one of the three chambers under Dubai Chambers, has officially launched a new representative office in Toronto, Canada. This strategic move aims to strengthen economic ties and explore opportunities to increase bilateral trade and investments between Dubai and Canada. The inauguration took place during a ribbon-cutting ceremony in Toronto, attended by Maninder...
The United Arab Emirates (UAE) is set to begin negotiations for a bilateral trade agreement with the United States, aiming to secure lower tariffs on Emirati steel and aluminium products. This decision follows discussions that originated during President Donald Trump’s visit to the Gulf in mid-May, as reported by Reuters. During the visit, the US...
Crown Prince Mohammed bin Salman of Saudi Arabia and Canadian Prime Minister Mark Carney held a phone call on Thursday to discuss their nations’ bilateral relations. During the conversation, they reviewed the current situation in the Middle East and expressed their mutual agreement on the necessity for sustainable peace in the region. Credit: Arab News...
The Gulf region is emerging as a strategic hub for trade and industry, especially in the context of recent tariff changes. Its modern logistics infrastructure, extensive free trade zones, and globally connected ports make it an appealing choice for companies looking for a stable operational base. As businesses navigate the complexities of international trade, the...
Abu Dhabi Chamber of Commerce & Industry (ADCCI) and the Japan External Trade Organization (JETRO) have signed a Memorandum of Understanding (MOU) aimed at enhancing business relations between Abu Dhabi and Japan. This agreement was formalized during the Abu Dhabi-Japan Business Connect Forum held in Tokyo, which was attended by key public and private sector...
The Anwar Gargash Diplomatic Academy (AGDA) has officially launched the UAE Economic Diplomacy Report 2024–2025 at a significant event held at its headquarters in Abu Dhabi. This launch marks an important moment for the UAE as it emphasizes the nation’s expanding role in promoting international cooperation and strengthening ties between countries. The report serves to...
The Dubai Multi Commodities Centre (DMCC) has announced that Indian companies now make up 16 percent of its total member base, reflecting a 7 percent growth year-on-year. In the past year, 260 Indian companies have joined DMCC, bringing the total number of businesses in the international business district to nearly 4 000. Credit: ARN News...