Other Briefings
Egypt Issues RMB3.5 billion In ‘Panda Bonds’
China’s Currency Begins a Global Take Up as a US Dollar Alternative Cash-strapped Egypt has issued 3-year Panda Bonds worth RMB3.5 billion (US$479 million, or E£14.8 billion) its finance ministry said on Monday (October 16), the latest in a string of less conventional borrowings as it grapples with a mushrooming foreign debt repayment schedule.
UAE, South Korea Sign CEPA Trade Agreement
Bilateral trade up 21% to reach US$3 billion The UAE and South Korea have signed a Comprehensive Economic Partnership Agreement (CEPA), with the UAE Minister Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, and Dukgeun Ahn, Minister of Trade for South Korea, concluding negotiations. The UAE is South Korea’s second-largest Arab trade partner, while South […]
UAE, Georgia Sign CEPA Trade Agreement
Bilateral trade set to double in next five years as bilateral trade is boosted by the INSTC The UAE and Georgia have signed a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Georgia, with aims to double non-oil trade from the current US$481 million to US$1.5 billion in five years.
UAE, Vietnam, Seek To Boost Bilateral Trade
Bilateral trade at US$8 billion with both parties committed to increasing this with a CEPA trade deal under negotiation
Iraq – China Trade and Developments
China’s Belt & Road Initiative has made substantial progress in Iraq after the United States invasion removed Saddam Hussein but sparked a civil war By Farzad Ramezani Bonesh The trade relations between Iraq and China began over 2,000 years ago along the ancient silk road routes. Although in contemporary times they have experienced periods of […]
BRICS & MENA: China’s Growing Influence In The Middle East: New Report
Five of the new BRICS member countries are MENA influential. In this special report we analyze how China, India and Russia are positioning BRICS to become a global entity with a special emphasis on the merging Middle East. We highlight Egypt, Ethiopia, Iran, Saudi Arabia and the UAE trade and development relations and look at […]
Abu Dhabi’s Non-Oil Sector Grew 12.3% In Q2 2023
Abu Dhabi’s non-oil economy grew by a record 12.3% in Q2 2023, according to the Statistics Centre – Abu Dhabi (SCAD), as the city’s efforts to become a hub for hedge funds and other financial firms begin to produce results.
The UAE in BRICS: Consequences, Multilateral Trade and Prospect
The UAE’s bilateral trade with all major BRICS economies has rapidly grown. We look at the future development trends By Farzad Ramezani Bonesh The UAE’s Membership Process in BRICS Over the past decade, the BRICS have become very attractive for Abu Dhabi, due to its increasing economic status and commercial capabilities. BRICS+ was an opportunity […]
UAE, Philippines, Sign Aviation Cooperation Agreements
Manila targets Filipino and Western expats in the UAE as a home and tourism destination The UAE and the Philippines have signed an MoU in Cebu concerning trade and airfreight ties. The MoU was signed after a round of talks involving representatives of local business sectors and the countries respective national air carriers on September […]
Unified Gulf Cooperation Council Visas To Be Implemented Soon
Unified Gulf Cooperation Council Visas To Be Implemented Soon The UAE Minister of Economy, Abdullah bin Touq Al Marri, has said that the issuance of a unified tourist visas for Gulf Cooperation Council (GCC) countries will happen soon.
