Dubai and Los Angeles sign economic cooperation agreement
Dubai Chambers has signed a new MoU with the Los Angeles Area Chamber of Commerce to advance bilateral trade and investment.
Dubai Chambers has signed a new MoU with the Los Angeles Area Chamber of Commerce to advance bilateral trade and investment.
Dubai’s economy expanded by 4.4% in the first half of 2025, reaching $65.6bn, driven by strong performance across key sectors. Core industries including trade, transport, tourism, and financial services continued to play a central role in driving output.
M&A activity across the MENA region grew 23% year on year in the first nine months of 2025, reaching 649 deals worth $69.1bn. Of that number, the GCC accounted for 500 deals valued at $65.9bn.
Dubai Chamber of Commerce reported solid performance during the first nine months of 2025, underscoring its role in driving economic growth and supporting the Dubai Economic Agenda (D33).
Dubai Financial Market (DFM) has reported a 212% increase in net profit before tax to $253m for the first nine months of 2025, reflecting strong trading activity and continued expansion of Dubai’s capital markets. The results underscore Dubai’s growing status as a leading global financial hub, supported by initiatives to enhance market liquidity, attract international
Abu Dhabi Global Market (ADGM) has recorded a 123% average annual growth rate (AAGR) in assets under management, alongside a 62% AAGR in fund activity.
Public Investment Fund (PIF) assets have nearly tripled over the past decade as the Saudi sovereign wealth fund moves closer to its $1tr target by the end of this year.
The UAE hosted a high-level ministerial roundtable in Dubai with more than 20 African nations, resulting in a joint statement outlining a new investment mapping to strengthen partnerships. Sectors of focus include tourism, aviation, logistics, infrastructure and digital transformation.
Dubai Chamber of Commerce has concluded a successful trade mission to Georgia and Armenia, strengthening bilateral trade and investment relations under its ‘New Horizons’ initiative.
Sharjah secured $1.5bn in investments during the first half of 2025, representing a 361% increase compared to the same period last year.
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