The UAE with $ 83.6 billion, was the third largest trading partner of India in FY24
trading partner
Latest in trading partner
exports and re-exports
Asia biggest partner of Ras Al Khaimah in growing non-oil foreign trade in 2021
Non-oil foreign trade rose from AED 14.78 billion in 2020 to AED 16.83 billion in 2021, with exports accounting for the largest share in the mix
acquisitions
DP World unit acquires controlling stake in top Nigerian FMCG distributor in Dubai’s bid to expand Africa trade
In 2021, Dubai launched a five-year forein trade plan to boost its status as an international business hub, with a focus on high-growth markets such as Africa
Abdullah bin Touq Al Marri
UAE to reduce tariffs on goods from India by 90 percent as CEPA deal boosts trade: Minister of Economy
The UAE-India CEPA deal is expected to add $9 billion to the UAE’s GDP and add 140,000 jobs by 2030
business opportunity
How Hong Kong office in Dubai can accelerate ties with GCC
Hong Kong Economic and Trade Office will prioritise free trade agreements with GCC countries
belt and road initiative china
UAE, Hong Kong look to bolster business ties
UAE-China trade has accelerated over the last few years as the Emirates was one of the first countries to sign onto China’s ambitious infrastructure plan, the Belt and Road Initiative.
Coronavirus in India
Video: India moves to ensure trade continues amid surging coronavirus cases
With coronavirus cases surging across India, the country opened a control room to ensure trade continues.
Coronavirus in India
India sets up control room to ensure trade continuity amid coronavirus spike
The entity will monitor and facilitate difficulties encountered by tradespeople due to the country’s coronavirus spike
African country
Africa’s trade bloc is a massive opportunity for UAE businesses
Infrastructure gaps, a lack of investor-friendly regulation and high tariffs have remained as barriers for Africa’s regional and international trade, writes Hamad Buamim President and CEO of Dubai Chamber
business strategy
Video: What opportunities does Latin America hold for the UAE?
The Dubai Chamber of Commerce and Industry plans to allocate $27 million to raise awareness about trade and investment opportunities in Latin America and the Caribbean and plans to open a third office in the region, according to Dubai Chamber President and CEO Hamad Buamim.
Caribbean
Dubai Chamber to open third office in Latin America
Dubai’s non-oil trade with Latin America and the Caribbean has risen 71% since 2010
Abu Dhabi
Japan’s Abe in the UAE to boost political and economic ties
UAE is the second largest oil supplier to Japan, accounting for almost a quarter of its crude oil needs last year
Shinzo Abe
Japan PM to begin Middle East tour in UAE
Japan-UAE non-oil trade is worth $14.57 billion
Brexit
Video: The UK, GCC post-Brexit investment plans
Ahead of Brexit, the UK’s export credit agency, UK Export Finance (UKEF), has opened an office in Dubai. What does it mean for the UAE and for UK businesses?
Brexit
How the UK is doubling down on GCC as a key economic partner
The opening of a permanent UK Export Finance office in Dubai is a clear sign of a booming post-Brexit relationship between the UK and the Middle East
David Moleshead
New UK govt office in Dubai could fund UAE projects worth $12bn
There will be up to $7.12 billion in capacity to finance UAE projects, in addition to $5.69 billion for Dubai alone