Businesses from Saudi Arabia and Morocco are considering the establishment of a joint investment fund aimed at financing projects in both countries. A delegation of 30 prominent Saudi companies met with their Moroccan counterparts in Rabat this week to discuss this proposal. The Saudi delegation’s visit coincided with Morocco’s extensive preparations for co-hosting the 2030...
Tag: trade relations
UAE Becomes Japan’s Leading Oil Supplier in May 2025
The United Arab Emirates (UAE) emerged as Japan’s primary supplier of crude oil in May 2025, delivering a significant 30.42 million barrels. This amount accounted for 40.8% of Japan’s total crude oil imports for the month, highlighting the UAE’s crucial role in Tokyo’s energy supply. According to official reports, this strong performance in oil exports...
Sharjah Chamber Explores Economic Cooperation with Kazakhstan
The Sharjah Chamber of Commerce and Industry (SCCI) has initiated discussions with the Consulate General of the Republic of Kazakhstan in Dubai to explore ways to improve economic cooperation and enhance trade and investment relations between the two countries. This meeting took place during an official visit by Almaz Tasbolat, the Consul General of Kazakhstan...
UAE Recognized as Strategic Partner by French Trade Minister
Laurent Saint-Martin, France’s Delegate Minister for Foreign Trade and French Nationals Abroad, stated that the United Arab Emirates (UAE) holds a top-tier position in France’s economic and trade policy within the Gulf region. He emphasized the depth and distinction of bilateral relations, particularly focusing on economic and diplomatic collaboration. Saint-Martin declared, “The UAE is undoubtedly...
Dubai Chambers and Indian Ambassador Discuss Enhancing Trade and Investment Relations
Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, met with the Indian Ambassador to the UAE to discuss strategies aimed at strengthening trade and investment relations between the two regions. This meeting reflects the ongoing commitment of both parties to enhance economic collaboration. Credit: WAM During the discussion, Al Mansoori highlighted the importance...
Sharjah Chamber and Kerala Discuss Strengthening Economic Ties
The Sharjah Chamber of Commerce and Industry (SCCI) engaged in discussions with representatives from the Indian state of Kerala to explore opportunities for enhancing cooperation in various economic sectors. The meeting, which emphasized potential collaborations, focused on trade, investment, and mutual economic growth. During the discussions, officials highlighted the importance of strengthening ties between Sharjah...
UAE and Central African Republic Sign Comprehensive Economic Partnership Agreement
President His Highness Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates and His Excellency Faustin-Archange Touadéra, the President of the Central African Republic, have officially signed a Comprehensive Economic Partnership Agreement (CEPA). This agreement aims to enhance trade relations and economic cooperation between the two nations. Credit: WAM The signing ceremony took...
Italy and the UAE Strengthen Their Partnership on Republic Day
Italy celebrates its Republic Day today, a moment to reflect on the core values of freedom, individual rights, and labor that form the foundation of its Constitution. This day also serves to honor the partnerships that allow Italy to promote these values globally. Among these partnerships, the one between Italy and the UAE stands out...
Philippines Seeks Increased Investments from UAE Sovereign Wealth Funds
The Philippines is looking to secure more investments from the United Arab Emirates (UAE) sovereign wealth funds through the pending Comprehensive Economic Partnership Agreement (CEPA). An official from the Department of Trade and Industry stated that the CEPA will create a framework for these investments, which is expected to be signed next month. Trade Undersecretary...
Dubai Chambers Hosts Madagascar Business Forum to Foster Economic Ties
Dubai Chambers has organized the Dubai-Madagascar Business Forum, welcoming a delegation of 60 companies from Madagascar to discuss investment opportunities and potential business partnerships. The forum took place at the Dubai Chambers headquarters and emphasized the importance of enhancing economic ties between Dubai and Madagascar. Attending the event was Andry Rajoelina, the President of the...