The UAE’s non-oil trade grew by 3 per cent during the first half of this year, to reach AED 553 billion. The Federal Customs Authority claim it is an increase of over AED 17 billion compared to the same period last year. Asia, Australia and the Pacific regions retained their spot as the top trading partners, accounting for 39 per cent of the overall figures. Raw gold, aluminium, diamonds and automobiles topped the list of commodities traded during the period.
UAE-Russia services and investment agreement takes effect
An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
UAE backs closer tourism cooperation at BRICS meeting
The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit
A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war
The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
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