UAE–South Africa non-oil trade reached $8.5bn in 2024, up 14 per cent year-on-year
Politics & Economics
Latest in Politics & Economics
Gaza
The story must live – Inside Gaza’s war on truth
More journalists have been killed in Gaza in less than two years than in World Wars I and II, Korea and Vietnam combined. This is how the war has become a systematic assault on truth
Egypt
Bahrain–Egypt non-oil trade hits $460.5m as investments climb to $450m in 2024
Bahrain–Egypt non-oil trade reached $460.5m in 2024, with Bahraini investments in Egypt valued at $450m, as both nations deepen strategic partnerships
Ministry of Health
UAE announces Cabinet reshuffle
UAE announces new Minister of Health in Cabinet reshuffle
Australia
UAE-Australia trade grows 33 per cent in H1 2025 as CEPA targets $10bn by 2032
The UAE and Australia target $10bn in trade by 2032 under CEPA, as H1 2025 non-oil trade surges 33 per cent to $3bn
cepa
UAE–New Zealand deal to lift trade to $5bn by 2032
UAE–New Zealand trade deal takes effect, unlocking duty-free access and boosting bilateral trade to over $5bn by 2032
Ministry of Finance
UAE announces significant tax update
OECD grants UAE Domestic Minimum Top-up Tax qualified status, ensuring certainty for multinationals
Angola
UAE and Angola sign CEPA to boost non-oil trade beyond $10bn by 2033 and create 30,000 jobs
UAE and Angola sign Comprehensive Economic Partnership Agreement (CEPA) to boost non-oil trade beyond $10bn by 2033, creating 30,000 jobs and new investments
GaStat
Saudi non-oil exports jump 22% in June 2025 as re-exports surge 60%
Saudi Arabia’s non-oil exports rose 22% in June 2025 and 18% in Q2, driven by strong re-exports, even as petroleum exports declined, GASTAT data shows
dubai chamber of commerce
Dubai Chamber members’ exports surge 18% to $46.8bn in H1 2025
Dubai Chamber of Commerce members’ exports and re-exports hit $46.8bn in H1 2025, up 18 per cent, led by GCC markets at $22.8bn
General Organisation for Social Insurance
Saudi Arabia set to launch voluntary pension and savings scheme
An IMF team welcomes the move saying the new scheme aims at increasing household savings and potentially reduce remittance outflows
China
China issues interim rules to tighten oversight of rare earths sector
Its dominant position in global supply has raised concerns among major economies about security of access
Donald Trump
US launches review of 55 million visas in crackdown on violations
The administration is tightening visa screening, adding more in-person interviews and post-issuance checks of social media, law-enforcement and foreign immigration records, plus any US law violations
Kuwait
Kuwait to attract $32bn investment and create 50,000 jobs under New Kuwait 2035 mega projects
Kuwait plans to attract $32bn in investments, create 50,000 jobs and launch 124 projects under its New Kuwait 2035 Vision, backed by major reforms
Ministry of Finance
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
The UAE Ministry of Finance is expanding public-private partnerships with new laws, training and projects to boost investment and sustainable growth
Iraq
Iraq aims to attract $250bn in investments by 2027 after securing $100bn in past two years
Iraq plans to attract $250bn in investments by 2027 after securing $100bn in the past two years, driven by reforms and 100 new strategic opportunities
bilateral cooperation
India and China agree to restore flights and trade flow after minister Wang’s visit
Exact date for resumption of flights yet to be determined; countries agree to boost trade and investment, along with smooth facilitation of visas