The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.
The Central Bank of Bahrain has signed a currency swap deal with Central Bank of UAE that has a nominal value of BD2 billion (AED20 billion), with a tenor of five years. This reaffirms the duo’s shared commitment to expanding monetary co-operation as well as boosting trade and investment ties.
Dubai Chambers explored ways to strengthen the resilience of bilateral trade flows with Oman during a visit on Monday by a delegation led by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, to Sohar in Oman’s Al Batinah North Governorate.
Dubai Chambers recently organised a meeting with the Ambassador of India to the UAE to discuss ways to strengthen bilateral relations and advance trade and investment ties between Dubai and India.
After withstanding higher trade barriers and elevated uncertainty last year, global activity now faces a major test from the outbreak of war in the Middle East, which threatens to disrupt growth, says the latest World Economic Outlook report from IMF.
Atradius, a global leader in trade credit insurance and risk management with over 100 years of experience in the credit insurance industry, has established its operations in Dubai International Financial Centre (DIFC), thus marking a significant milestone in its Middle East growth strategy.
The United Arab Emirates and Japan have agreed on the final provisions of a Comprehensive Economic Partnership Agreement (CEPA), the first of its kind for Japan with an Arab country.
The UAE maintains strategic reserves of essential goods sufficient to cover market needs for a period ranging between four and six months, Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said.
Globalisation remained at a historically high level at 25% in 2025 – despite escalating geopolitical tensions, rising US tariffs, and uncertainty about future trade policies, says a report.
Markets are facing a 'double whammy' of energy volatility and trade tensions flaring up again, says a financial expert amid escalating conflict involving Iran, while the Trump administration simultaneously launches sweeping new trade investigations targeting many of the world’s largest economies.
