Recent Posts

UAE, Kenya finalise terms of Comprehensive Economic Partnership Agreement

ABU DHABI / WAM The United Arab Emirates and Kenya have concluded negotiations on a Comprehensive Economic Partnership Agreement, ushering in a new chapter of trade relations between the two nations that will secure vital East and West supply chains, spur investment into priority sectors, and enhance market access for businesses on both sides. The CEPA will have significant positive ...

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Abu Dhabi Customs records 72% growth in digital transactions in 2023

ABU DHABI / WAM The General Administration of Abu Dhabi Customs revealed exceptional results in digital customs transactions through the ports of the Emirate of Abu Dhabi in 2023, recording a growth of 72 percent compared to 2022, achieving a significant increase and the highest rate since the beginning of the strategic transformation journey. Proactive and automated transactions accounted for ...

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FAB forecasts GCC will outperform global economy in 2024

ABU DHABI / WAM The economies of the UAE and Gulf countries will outpace the global forecast for 2024, helped by the domestic multi-year investment cycle in the region, according to First Abu Dhabi Bank’s Global Investment Outlook (GIO) 2024 Report: ‘Making a positive impact’. Despite recent geopolitical headwinds and muted global recovery, FAB expects national and regional growth to be ...

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