Saturday 10 June 2023

UAE-Cambodia CEPA to see non-oil trade skyrocket to $1bn

The UAE and Cambodia have signed a Comprehensive Economic Partnership Agreement (CEPA) that is expected to more than double non-oil bilateral trade from $407 million in 2022 to $1 billion within five years.   Witnessed by Cambodia’s Prime


Taha seals game-changer pact with Korean industrial group

  Taha International Company for Industrial Services has announced a game-changing agreement with top South Korean company Hwarim Tech that will help strengthen and expand the cooperation between the two companies within the realm of aluminium processing. 


Dubai Chamber attracts five MNCs and 20 SMEs in Q1 2023

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has attracted five Multinational Corporations (MNCs) and 20 Small and Medium-sized Enterprises (SMEs) during Q1 2023 alone. This exceeds the total numbers attracted throughout the whole of 2022. 


Dubai South, Beijing New Aerotropolis sign agreement

Dubai South, the emirates largest single-urban master development focusing on aviation, logistics and real estate, has signed an agreement with Beijing New Aerotropolis Holdings Co, China, to set up a comprehensive framework for cooperation.   The two entities p


China-GCC FTA will help ‘unlock new opportunities’ for region

A Free Trade Agreement (FTA) between China and GCC is a “game-changer” that would boost the region and “galvanise Middle Eastern economic transformation”, according to a former Lebanese minister.   Although the deal is yet to be signed, t


Industrial XR market to hit $60bn by 2030: ABI Research

The global industrial XR (extended reality) market will reach $60 billion in total revenues by 2030, most stemming from XR training and similarly high-value implementations, according to global technology intelligence firm ABI Research.     “Alongside


Alba Chairman highlights decarbonisation drive at Berlin forum

The world is changing and we should take on the responsibility for finding answers to the most pressing ESG challenges of our time to foster a better future for generations to come, stated the Chairman of Aluminium Bahrain, Shaikh Daij bin Salman bin Daij Al Khalifa, at key forum in Germany.


UAE Carbon Alliance launched to develop carbon market

The UAE Carbon Alliance – a new coalition of partners dedicated to advance the development of a carbon market ecosystem – has been launched by the UAE Independent Climate Change Accelerators (UICCA).    Bringing together key market participants


MoIAT, Sinaha Platform in deal to promote UAE-made products

The Ministry of Industry and Advanced Technology (MoIAT) and Sinaha Platform have signed a memorandum of understanding (MoU) at the Make it in the Emirates Forum last week to promote UAE-made products.   The collaboration will support the growth of the national


Dubai Chamber inaugurates new Indonesia office

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has inaugurated a new international representative office in Jakarta, Indonesia. The launch brings the chamber's total number of global offices to 18 across Africa, Latin America, Eurasia, India and Chi

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