Dubai Chambers has signed a memorandum of understanding with the US Chamber of Commerce to enhance trade relations and create stronger economic ties between their respective business communities.

The Dubai Centre for Family Businesses has introduced two specialised toolkits designed to help family-run enterprises manage disputes and strengthen internal relationships.

The UAE’s foreign trade has surpassed AED 3tr ($817bn) for the first time ever, expanding at 14.6% in 2024. Having set a target of AED 4tr ($1.09bn) in foreign trade by 2031, the country has already achieved 75% of that goal within just three years.

Abu Dhabi-based Modon Holding has announced a definitive agreement to acquire Arena Events Group through a deal with International Holding Company (IHC) and TasHeel Holding.

With the start of UAE-Kuwait Week, the two GCC nations are aiming to enhance economic and cultural cooperation. The two-day event in Dubai gathers ministers, senior officials, and key business leaders from both countries to explore avenues for further collaboration.