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A UAE delegation comprising Dr. Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, and Ahmed Al Sayegh, minister of State, has traveled to Brussels, Belgium, for discussions with high-ranking European Union (EU) officials and members of the Belgian government. The visit seeks to enhance economic ties, promote investment opportunities, and identify areas for further collaboration.The EU stands as the UAE’s second-largest global trade partner, with a shared non-oil trade value of $67.6 billion in 2024, marking a 3.6 percent increase from 2023 and an 18.1 percent rise compared to 2022. Currently, the EU accounts for 8.3 percent…

A UAE delegation comprising Dr. Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, and Ahmed Al Sayegh, minister of State, has traveled to Brussels, Belgium, for discussions with high-ranking European Union (EU) officials and members of the Belgian government. The visit seeks to enhance economic ties, promote investment opportunities, and identify areas for further collaboration.The EU stands as the UAE’s second-largest global trade partner, with a shared non-oil trade value of $67.6 billion in 2024, marking a 3.6 percent increase from 2023 and an 18.1 percent rise compared to 2022. Currently, the EU accounts for 8.3 percent…

A UAE delegation comprising Dr. Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, and Ahmed Al Sayegh, minister of State, has traveled to Brussels, Belgium, for discussions with high-ranking European Union (EU) officials and members of the Belgian government. The visit seeks to enhance economic ties, promote investment opportunities, and identify areas for further collaboration.The EU stands as the UAE’s second-largest global trade partner, with a shared non-oil trade value of $67.6 billion in 2024, marking a 3.6 percent increase from 2023 and an 18.1 percent rise compared to 2022. Currently, the EU accounts for 8.3 percent…

A UAE delegation comprising Dr. Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, and Ahmed Al Sayegh, minister of State, has traveled to Brussels, Belgium, for discussions with high-ranking European Union (EU) officials and members of the Belgian government. The visit seeks to enhance economic ties, promote investment opportunities, and identify areas for further collaboration.The EU stands as the UAE’s second-largest global trade partner, with a shared non-oil trade value of $67.6 billion in 2024, marking a 3.6 percent increase from 2023 and an 18.1 percent rise compared to 2022. Currently, the EU accounts for 8.3 percent…

A UAE delegation comprising Dr. Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, and Ahmed Al Sayegh, minister of State, has traveled to Brussels, Belgium, for discussions with high-ranking European Union (EU) officials and members of the Belgian government. The visit seeks to enhance economic ties, promote investment opportunities, and identify areas for further collaboration.The EU stands as the UAE’s second-largest global trade partner, with a shared non-oil trade value of $67.6 billion in 2024, marking a 3.6 percent increase from 2023 and an 18.1 percent rise compared to 2022. Currently, the EU accounts for 8.3 percent…

Musical concerts will resonate in Riyadh, Shaqra, Abha, Qassim, Jeddah and Eastern Region citiesThe General Entertainment Authority (GEA) announced today Eid Events 2025, a nationwide celebration of Eid al-Fitr featuring concerts, theatrical performances, dazzling fireworks and a variety of activities across Saudi Arabia’s entertainment zones, offering unforgettable experiences for residents and visitors.Eid Al Fitr is a special occasion for Muslims around the world and is a time for celebration with family and loved ones. It marks the end of the month of Ramadan, a period of month-long fasting for Muslims around the world, and the start of Shawwal, the tenth…

Hong Kong and China Gas (Towngas) said a tourism rebound and incoming talent from the mainland would drive sales this year, as the city’s sole gas provider seeks new opportunities for growth.On Wednesday, the company said its full-year net income fell 8 per cent to HK$5.7 billion (US$733.6 million) from HK$6.1 billion a year earlier. Analysts polled by Bloomberg expected a profit of HK$6.2 billion. The company said its core operating profit increased 5 per cent to HK$5.9 billion.Revenue for the year fell 2.6 per cent to HK$55.5 billion; analysts expected HK$57.7 billion.“Looking ahead to the new year, we expect…

Euro fell in European trade on Wednesday against a basket of major rivals, giving up five-month highs against the US dollar and on track for the first loss in four days on profit-taking.    The German Parliament officially approved the constitutional amendment that would allow the government to increase spending massively, which would boost inflationary pressures in the eurozone’s biggest economy.    The decline also comes as investors shun risks before the Federal Reserve’s policy meeting in 2025, expected to maintain interest rates unchanged.    The Price   The EUR/USD pair fell 0.2% today to $1.0922, with a session-high at…

Dubai’s residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interestLimited availability of supply, infrastructure development, and alternative assets, including last-mile logistics and data centers, are propelling the UAE’s real estate performance in 2025, as highlighted in JLL’s Middle East and Africa Market Review and Outlook 2025. According to the report, the UAE dominated the 2024 project awards, securing 45.0 percent ($40.6 billion); excelled in residential and mixed-use projects.As key global macroeconomic challenges began to subside throughout 2024, the UAE emerged as the only GCC nation to record an increase in oil-GDP, despite ongoing…

The first wave of the electric fleet is set to move over 204,000 twenty-foot containers annuallyDP World launched today a cutting-edge electric freight solution at Jebel Ali Port in partnership with Einride, marking a major step towards decarbonizing terminal operations. Now running around-the-clock, the first wave of the electric fleet is set to move over 204,000 twenty-foot containers annually, supporting DP World’s efforts to accelerate the transition to greener logistics.The initiative will reduce 14,600 tons of carbon dioxide equivalent annually, compared to diesel operations, supporting DP World’s science-based targets and ambition to make global trade smarter and greener.“Decarbonizing logistics is…