UAE and Bahrain boost economic cooperation
The UAE and Bahrain have signed a new Investment Promotion and Protection Agreement aimed at deepening economic ties and safeguarding cross-border investments.
The UAE and Bahrain have signed a new Investment Promotion and Protection Agreement aimed at deepening economic ties and safeguarding cross-border investments.
Dubai Chamber of Commerce has announced a 16.8% year-on-year rise in member exports and re-exports for Q1 2025, reaching $23bn. This is a strong indicator of the emirate’s continued momentum as a global business and trade hub.
Abu Dhabi will send a senior economic delegation to Japan from 6 - 9 May 2025, as part of efforts to deepen collaboration with major global markets. Led by the Abu Dhabi Department of Economic Development (ADDED) and supported by the UAE Embassy in Tokyo, the visit underscores the emirate’s strategy to forge stronger investment
Emirates Airline has reaffirmed its 15-year partnership with PayPal during a strategic meeting aiming to deepen collaboration in the digital payments sector. Emirates currently offers PayPal as a payment option on emirates.com across 34 countries, enabling customers to benefit from secure, seamless checkout experiences. The airline has reported significant growth in customer adoption, transaction volumes,
Dubai Financial Market (DFM) has reported strong growth for the first quarter of 2025, fuelled by record trading activity and continued investor engagement.
The UAE is set to launch its first dirham-backed stablecoin in a joint initiative by IHC, ADQ, and First Abu Dhabi Bank (FAB), with full regulation from the Central Bank of the UAE (CBUAE). Once approved, the stablecoin will support seamless digital transactions across the UAE and beyond.
Events and festivals are a major catalyst of socio-economic growth, according to experts speaking on day one of the Arabian Travel Market (ATM) 2025 that has opened at the Dubai World Trade Centre and will conclude on May 1 2025.
Dubai is set to become the launchpad for a new AI trade and investment hub, following a strategic partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA). The initiative aims to boost cross-border collaboration and create fresh opportunities for AI startups and investors across EMEA.
Real estate activity across the GCC surged in the first quarter of 2025, with total transactions reaching an estimated $78.2bn. This is a year-on-year increase of over 20%, according to new data from leading proptech firm Sakan.
Dubai Chamber of Commerce has hosted a roundtable discussion to outline the key objectives of the Dubai Economic Agenda (D33) for the business councils operating under its umbrella.
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