Oman and the United Arab Emirates are enhancing their economic collaboration, as highlighted during the “Advantage Oman Forum 2025” held in Muscat. He emphasized that these trade ties are crucial for both countries to achieve their development objectives, contributing to economic growth and fostering long-lasting partnerships between their business communities. During the forum, Dr. Al...
The Dubai Chamber of Commerce has officially launched the Peruvian Business Council to bolster trade and investment relations between the United Arab Emirates and Peru. The announcement took place in the presence of H.E. Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, underscoring the significance of this initiative. Credit: Government...
Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry and Advanced Technology, is on an official visit to Japan from April 13 to 16, aimed at enhancing cooperation in trade, investment, energy, and advanced technology. His visit includes chairing the second ministerial meeting of the Comprehensive Strategic Partnership and engaging in bilateral discussions with...
India’s External Affairs Minister S. Jaishankar met with Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani, as well as Minister Anna Maria Bernini, on Friday. The discussions focused on enhancing cooperation in several vital sectors, including trade, investment, maritime security, technology, education, and culture. Both parties reaffirmed their commitment to the Joint Strategic Action...
Markets in the United Arab Emirates closed higher on April 9, 2025, despite escalating tensions from the ongoing US-China trade war. This resilience was observed even as US President Donald Trump intensified the tariff battle by raising duties on Chinese goods to 104%. The FTSE ADX General Index rose by 0.853%, while the DFM General...
The UAE and Turkey have recently enhanced their economic ties as their bilateral non-oil trade reached $40.5 billion in 2024. This milestone occurs three years ahead of the target set by the Comprehensive Economic Partnership Agreement (CEPA), which was enacted on September 1, 2023. The two countries celebrated an 11.5 percent growth in non-oil trade,...
Experts in trade and industry have advised UAE manufacturers and exporters on strategies to cope with the impact of new U.S. tariffs. They emphasize the importance of swiftly adapting to the changing American trade environment to minimize the adverse effects on exports. To address these challenges, manufacturers and exporters are encouraged to study market dynamics...
The Fujairah Chamber of Commerce and Industry (FCCI) reported that the value of certificates of origin issued in Fujairah surpassed AED 13 billion (approximately $3.54 billion) last year. This figure represents an increase of around 18% compared to the previous year, highlighting a robust demand for trade documentation in the emirate. In 2024, the total...
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India has significantly boosted bilateral trade, which has nearly doubled since the agreement came into effect in 2022. The UAE is now the third-largest trading partner for India, following the US and China, and is responsible for 3 percent of India’s total foreign direct investment...
The United Kingdom is actively seeking to enhance business opportunities for British firms in Dubai and the wider UAE, particularly in the aviation, hospitality, and financial services sectors. Sarah Mooney, the UK trade commissioner for the Middle East and Pakistan as well as the British Consul General to Dubai and the Northern Emirates, emphasized that...