UAE President, VPs congratulate King of Morocco on Throne Day
ABU DHABI (WAM) President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Mohammed VI of Morocco on the occasion of Throne Day.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, dispatched similar messages to King Mohammed VI.
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Arabian Business
2 hours ago
- Arabian Business
UAE non-oil trade hits $470.3bn in first half of 2025
The UAE recorded non-oil foreign trade worth AED1.728 trillion ($470.3 billion) in the first six months of 2025, marking a 24 per cent increase compared to the same period in 2024. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the figures on social media platform X. 'Today, I reviewed our non-oil foreign trade data for the first half of 2025. In the first six months of this year, we achieved more than AED1.7 trillion, with a record growth of 24 per cent compared to the first half of 2024, which itself was an exceptional year for our national economy. We recorded double what we achieved in the first half of 2021 and continued the unprecedented boom in our trade with historic growth rates of 59.5 per cent and 37.8 per cent compared to the first half of 2022 and 2023, respectively,' Sheikh Mohammed said. Today, I reviewed the data for the first half of this year regarding the UAE's non-oil foreign trade. It achieved significant growth of 24% compared to the first half of the previous year, while the average growth of global trade was only about 1.75%. Our non-oil foreign trade… — HH Sheikh Mohammed (@HHShkMohd) July 30, 2025 UAE non-oil exports hit $100.6 billion with 44.7% growth in 2025 The semi-annual growth reached 9.1 per cent compared to the second half of 2024. Sheikh Mohammed attributed the performance to the UAE's strategic position under President Sheikh Mohamed bin Zayed Al Nahyan's leadership, describing the country as 'a major trading nation, a reliable trading partner for the world's largest economies and a gateway to facilitate trade flows around the world.' Non-oil exports reached AED369.5 billion during the first half of 2025, registering growth of 44.7 per cent compared to the same period in 2024, according to a statement by the Dubai Media Office. This represents the first time non-oil exports have contributed 21.4 per cent of total non-oil foreign trade, up from 18.4 per cent in the first half of 2024 and 16.4 per cent in 2023. The export figures show an 80 per cent increase compared to the first half of 2023, more than double the 2022 level, and represent a 210.3 per cent increase compared to 2019. Switzerland emerged as the top destination for UAE non-oil exports, followed by India, Turkey, and Hong Kong-China. Thailand, Switzerland and India recorded the highest growth rates among recipient markets. The Comprehensive Economic Partnership Agreement (CEPA) programme, launched in September 2021, has produced 28 agreements with 10 currently in force. 'In September 2021, we launched the Comprehensive Economic Partnership Agreement (CEPA) programme to expand our network of trading partners around the world. Our non-oil foreign trade continues to reap the benefits of this programme, under which we have concluded 28 agreements to date, 10 of which have entered into force. This means we can offer unhindered customs access to markets where nearly 3 billion consumers live,' Sheikh Mohammed said. CEPA partners accounted for AED85.02 billion of UAE non-oil exports, showing 62.8 per cent growth and representing 23 per cent of total non-oil exports. India received AED51.45 billion worth of exports, marking 97.6 per cent growth compared to 2024, while Turkey received AED27.2 billion with 24.1 per cent growth. Exports to the ten countries with active CEPAs increased three times compared to 2022 and 2021 figures and exceeded four times the 2019 exports. Re-exports totalled AED389 billion in the first half of 2025, with growth rates of 14 per cent, 15.8 per cent and 25.4 per cent compared to the same periods in 2024, 2023 and 2022 respectively. The top 10 partner nations recorded 16.5 per cent growth in re-exports, while the rest of the world showed 12 per cent growth. Non-oil imports reached AED969.3 billion, representing 22.5 per cent growth compared to the first half of 2024. Imports from the top 10 trading partners grew 20.8 per cent, while imports from other countries increased 24.3 per cent. Switzerland becomes top destination for UAE non-oil exports in 2025 Trade with the UAE's top 10 trading partners grew 25.5 per cent, while trade with other countries increased 23.6 per cent. Individual country performance showed trade with India up 33.9 per cent, China up 15.6 per cent, Switzerland up 120 per cent, and Saudi Arabia up 21.3 per cent compared to the same period in 2024. Turkey recorded 41.4 per cent growth, while the United States saw 29 per cent growth and ranked sixth among the top 10 trading partners. France entered the top 10 list for the first half of 2025.
Zawya
3 hours ago
- Zawya
China-Qatar strategic partnership has entered a ‘golden era', says envoy
Under the strategic leadership of the Chinese President Xi Jinping and the Amir of Qatar His Highness Sheikh Tamim bin Hamad Al Thani, the China-Qatar strategic partnership has entered its most robust period, undergoing an 11-year 'Golden Era' of development, Ambassador of China to Qatar HE Cao Xiolin has said. The envoy was speaking at a reception to mark the 98th anniversary of the founding of the Chinese People's Liberation Army (PLA). Present on the occasion were Brigadier-General Abdulbaqi S. Al Ansari, representing Qatar Emiri Naval Commander; Brigadier-General Fahad Al Marri, representing Commander of the Qatar Amiri Signal Corps; diplomats; members of the media and guests. The Chinese ambassador emphasised the significance of ongoing defence cooperation between China and Qatar, describing it as a vital component in enhancing bilateral ties and contributing to global and regional peace. He underscored China's peaceful rise, commitment to sovereignty, and opposition to hegemonism and power politics. Reflecting on history, he drew attention to China's central role in the Eastern Front during World War II and the heavy sacrifices made by the Chinese people during the war against Japanese aggression. The ambassador reiterated China's dedication to multilateralism and international peacebuilding, referencing the Global Security Initiative launched by President Xi in 2022. He also spoke about China's humanitarian efforts, especially in relation to the Gaza crisis, highlighting China's role in supporting ceasefire efforts and providing aid. In his address on the occasion, Colonel Yang Yongzhi, defence attaché at the Chinese Embassy in Qatar, acknowledged Qatar's proactive role in global peace efforts under the leadership of HH the Amir. He commended Qatar's mediation in regional conflicts and its active engagement in counterterrorism, cybersecurity, and international security cooperation. As a founding member of the Global Counterterrorism Forum and a strategic partner of the UN Office of Counter-Terrorism, Qatar has played a significant role in enhancing global resilience, he said. Col. Yang also highlighted the steady growth of China-Qatar military relations, marked by high-level exchanges, expanded naval and air force cooperation, and collaboration in military education and defense industries. He affirmed China's commitment to strengthening strategic coordination and promoting regional and global peace. He also outlined China's Global Security Initiative and the PLA's contributions to peacekeeping, maritime security, and humanitarian missions, including deployments in UN operations and disaster relief efforts worldwide. © Copyright Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (
Dubai Eye
6 hours ago
- Dubai Eye
UAE President welcomes UK PM's intention to recognise Palestinian state
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has welcomed the intention of UK Prime Minister Keir Starmer to recognise Palestinian statehood. On Tuesday, Starmer said the UK was prepared to recognise a Palestinian state in September at the United Nations General Assembly, becoming the second Western power to do so after France last week. During the phone call, the two leaders underscored the importance of advancing towards a just and comprehensive peace based on the two-state solution as the path to fostering stability in the region. Sheikh Mohamed also emphasised the need to reach an urgent ceasefire in the Gaza Strip and ensure the unimpeded flow of humanitarian aid to alleviate the suffering of Palestinians. During the talks, the two sides also affirmed the two countries' commitment to supporting all efforts aimed at strengthening regional security and stability, national news agency Wam reported. The leaders also discussed cooperation between the two nations and explored ways to enhance bilateral ties.
