Trade policy uncertainty reaches 60-year high as 97% of economists identify it as top concern, exceeding pandemic-era volatility
trade
Latest in trade
Sheikh Mohammed
UAE foreign trade hits $1.42tn in 2024 as goods and services boom
UAE foreign trade has seen massive 49 per cent increase since 2021
Aluminium tariffs
How US tariffs could impact GCC banks and economy
Fitch Ratings analysis looks at potential impact of US tariffs on GCC banks and economy
Qatar
Qatar trade balance dips to $15.8bn in Q3 2024
Qatar’s total exports in Q3 2024 amounted to $24.2bn
Abu Dhabi
Gulf-Asia trade set to hit $682 billion by 2030 as China’s influence grows
Gulf-China trade is expected to overtake Gulf-West trade by 2027
China
If Mexico won’t fix cartels, ‘Trump will’: Former trade advisor Bennett signals US intervention on fentanyl crisis
“Mexico has a problem in that a large portion of the country remains lawless, controlled by the cartels, and that’s got to be fixed,” Bennett says
China
Trump threatens China, Mexico tariffs in global trade shake-up
The president-elect’s proposed tarrifs on the U.S.’s largest trading partners could push its import duties to 1930s levels, triggering inflation and forcing a major reorganisation of global supply chains
Bahrain
UK ministers begin Gulf visit for trade deal talks
This Gulf visit is part of a broader strategy to secure trade agreements with other countries, including India, Switzerland, and South Korea
Business forum
Sharjah Chambers’ trade mission to India holds bilateral business forum meet in Chennai
The trade mission will hold a similar bilateral business forum meet in Mumbai during its current visit
arab trade
Inter-Arab trade stands at $700bn and can boost regional GDP even further
Union of Arab Chambers leader says trade between Arab nations can drive private sector economy beyond $3tn
Dubai trade
Dubai at ‘heart of global trade’ and has $7tn target: Sheikh Mohammed
Sheikh Mohammed visits Dubai trade exhibition, highlights city ambitions
free trade agreement
GCC signs free trade deal with South Korea, looks to boost $103bn ties
GCC and South Korea sign Free Trade Agreement in bid to boost economies
Saudi economy
Saudi trade balance climbs to $11.7bn, China leads exports
Saudi trade balance at third-highest level of the year
fintech
Northern Ireland; one of the world’s top regions for both new software development and fintech inward investment projects
“Northern Ireland is the ideal location for businesses in GCC looking for unfettered access to the UK and the EU single market.” Sheethal Rishi, Regional Director – UAE, Oman, Bahrain, Qatar, and Kuwait at Invest Northern Ireland
Saudi Arabia
Saudi Arabia-Turkey trade up 33% to $6bn
Saudi Arabia and Turkey look to enhance cooperation and partnerships
non-oil trade
UAE non-oil trade hit $337bn in H1, Sheikh Mohammed hails record year
UAE will have its best ever financial year, says Sheikh Mohammed
Bilateral trade
UAE-India trade reaches $50.5bn, on target to hit $100bn by 2030
Trade between UAE and India up 5.8 per cent since Comprehensive Economic Partnership Agreement
