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UAE-Saudi trade reaches AED 586.75 billion in 5 years

ABU DHABI/ WAM The volume of trade exchange between the UAE and the Kingdom of Saudi Arabia grew by 28 percent in 2022, reaching AED 137.51 billion, compared to AED 107.41 billion in 2018. This brings the total non-oil trade between the two countries to AED 586.75 billion over five years. As per Ministry of Economy data, in 2022, the ...

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UAE Foreign Minister meets counterparts on sidelines of UNGA78

NEW YORK/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met separately with a number of foreign ministers participating in the 78th Session of the United Nations General Assembly (UNGA78) in New York. The UAE Foreign Minister met with Murat Nurtleu, Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan; Dr. Hossein Amir-Abdollahian, Minister ...

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Majlis Mohamed bin Zayed lecture explores importance of parent-teacher partnerships

ABU DHABI/ WAM H.H. Sheikh Hamed bin Zayed Al Nahyan attended a lecture at Majlis Mohamed bin Zayed exploring the evolving education landscape and how parents and teachers can work together to enhance students’ wellbeing and academic achievement. The lecture was attended by Dr. Ahmad Belhoul Al Falasi, Minister of Education; Sarah Al Amiri, Minister of State for Public Education and ...

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‘We are not powerless’ to overcome climate crisis, COP28 President-Designate tells UN Climate Ambition Summit

NEW YORK / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, addressed today the UN Climate Ambition Summit in New York, where he reminded the international community that “we are not powerless” to overcome the climate crisis and urged the world to “get after gigatons”. The summit, which is the landmark climate ...

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FTA, UAQ Chamber collaborate to promote tax awareness among businesses

DUBAI / WAM The Federal Tax Authority (FTA) has signed a memorandum of understanding (MoU) with the Umm Al Quwain Chamber of Commerce and Industry to cooperate on promoting a tax culture among business sectors and contribute to the UAE’s strategy and vision to support the private sector, entrepreneurs, and investors. The agreement was signed by Khalid Ali Al Bustani, ...

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Enec discusses future collaboration with US businesses in Washington

WASHINGTON/ WAM The Emirates Nuclear Energy Corporation (ENEC) was hosted by the US-UAE Business Council and the Nuclear Energy Institute (NEI) at a business briefing roundtable in Washington , this week. Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of ENEC, spoke about the recently launched Net Zero Nuclear platform ahead of COP28. He provided updates on the ...

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ADRO partners with Nine Yards to boost real estate investment

ABU DHABI/ WAM Nine Yards, an Abu Dhabi-based real estate developer, has announced the signing of a strategic agreement with the Abu Dhabi Residents Office (ADRO), a part of the Abu Dhabi Economic Development (Added), to boost the real estate investment sector and support Nine Yards’ clients. The agreement aligns with ADRO’s strategic goals of facilitating the affairs of Abu ...

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Private sector participation urged in Sharjah Gulf Award 2023

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has urged private sector establishments to participate in the Sharjah Gulf Localisation Award, a distinguished category within the Sharjah Excellence Award 2023. The award is organised by the SCCI under the patronage of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, ...

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Rakez team visits China’s Guangdong to boost trade

RAS AL KHAIMAH / WAM A delegation from Ras Al Khaimah Economic Zone (Rakez), led by Group CEO Ramy Jallad, successfully wrapped up its roadshow in China’s Guangdong province to foster deeper ties with local enterprises, prominent trade associations, and key government entities and explore new opportunities for economic and trade cooperation. The delegation hosted business forums across three major ...

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