The UAE–India Comprehensive Economic Partnership Agreement (CEPA) has reached $37.6 billion in the first half of 2025, underscoring it is on track to achieve the shared goal of touching US$100 billion by 2030.
Speaking to national news agency WAM, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade said it marks a 33.9 per cent rise compared to the same period in 2024.
The CEPA between the two countries was signed in February 2022.
“Since its entry into force in May 2022, the agreement has marked a qualitative leap in trade and investment ties, clearly reflected in the growth rates of bilateral trade and investment flows," Dr Al Zeyoudi added.
Al Zeyoudi added that the UAE–India economic partnership is not merely a trade and investment agreement, but a platform for achieving shared development goals, stimulating economic growth, accelerating reciprocal investment flows, and creating opportunities for business communities in both countries to expand and prosper. He stressed that there remains promising prospects for further mutual economic growth between the two nations.
The Ministry of Finance has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF), following its announcement last November of its intention to implement the framework.
The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B worker visas, potentially dealing a big blow to the technology sector that relies heavily on skilled workers from India and China.
President Donald Trump and Chinese leader Xi Jinping will seek an agreement on Friday to help keep the video app TikTok online in the US and ease tensions between two superpowers locked in a standoff over trade.
There is no immediate plan to shut down Carrefour in the UAE, Majid Al Futtaim's CEO of Retail, Dr. Günther Helm, confirmed days after they shuttered operations in Kuwait and Bahrain.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.