logo
AGDA launches UAE Economic Diplomacy Report 2024–2025

AGDA launches UAE Economic Diplomacy Report 2024–2025

Zawya02-05-2025
Abu Dhabi, UAE: The Anwar Gargash Diplomatic Academy (AGDA) officially launched the UAE Economic Diplomacy Report 2024–2025 at a high-level event held at its headquarters in Abu Dhabi. The event served as a platform for an engaging dialogue on the UAE's expanding role in promoting international cooperation and strengthening ties between nations. It also underscored the country's pioneering leadership in the field of economic diplomacy.
The report aims to deepen understanding of economic diplomacy as a strategic pillar of foreign policy, highlighting how the UAE leverages trade, aid, and investment to build global partnerships and promote sustainable economic development. It also reflects on the UAE's diplomatic and regulatory achievements in 2024, showcasing key milestones that underscore the nation's growing economic influence. In addition to local developments, the report features a dedicated section on international economic issues, making it a resource of global relevance and interest to readers worldwide.
Key topics presented by Dr. Ahmed Rashad, Assistant Professor at AGDA, and discussed in the report include the global economic outlook, future trends in economic diplomacy, and the UAE's active involvement in BRICS and the New Development Bank. Additionally, the strategic importance of the WTO's Abu Dhabi Ministerial Declaration is emphasized, reaffirming the UAE's commitment to advancing global trade and shaping international economic policy.
Among the distinguished attendees were H.E. Dr. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, H.E. Ahmed Bin Ali Al Sayegh, Minister of State, H.E. Nickolay Mladenov, Director-General of AGDA, Dr. Mohammed Al Dhaheri, Deputy Director General of AGDA, and Dr. Ahmad Rashad, Assistant Professor at AGDA, alongside members of AGDA's faculty and students, media representatives, and other esteemed guests from the wider diplomatic and academic communities.
Commenting on the launch, H.E. Dr. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated: 'The United Arab Emirates is an open, outward-looking nation whose exponential growth over the last five decades has been underpinned by constructive collaboration with the international community. Our economic ambitions rest on a similar combination of frictionless trade with leading markets, high-impact investments that prioritize knowledge sharing, strategic FDI into future-focused industries, and the attraction and retention of global talent. The UAE is now a key bridge between East and West, one that facilitates the exchange of all forms of capital and supports the participation of emerging economies into global supply chains. Launched today, the UAE Economic Diplomacy Report encapsulates our nation's growing standing on the world stage – and provides a timely reminder of the benefits of cross-border cooperation.'
Reflecting on the UAE's long-term vision, H.E. Ahmed Bin Ali Al Sayegh stated: 'The UAE's role in shaping a resilient global economy is grounded in its proactive and forward-thinking approach to international relations. By actively participating in evolving global economic frameworks. The UAE continues to position itself as a leader in promoting balanced, inclusive partnerships. Modern diplomacy extends far beyond securing trade agreements; it is about building strategic alliances that inspire innovation, bolster resilience, and ensure long-term prosperity'.
H.E. Nickolay Mladenov, AGDA's Director-General, emphasized the broader mission of economic diplomacy: 'Economic diplomacy empowers nations to shape global relationships through innovation, cooperation and strategic foresight. The UAE's approach reflects a commitment to building inclusive growth and impactful partnerships that strengthen its standing as a trusted and forward-looking global player.'
Bringing an institutional perspective, Dr. Mohammed Al Dhaheri, Deputy Director General of AGDA, added: 'This report is not only a reflection of the UAE's strategic economic direction, but a learning tool and a resource that helps equip the next generation of diplomats and policy thinkers with a deeper understanding of how global economies interact, shift, and evolve. At AGDA, we see this as essential to preparing leaders who can think globally while acting with purpose.'
From an academic perspective, Dr. Ahmad Rashad, Assistant Professor at AGDA, commented:
'Economic factors play a significant role in shaping international relations, making it increasingly vital for diplomats to understand these dynamics. This report contributes to building the economic literacy essential for effective diplomacy, empowering diplomats to proactively respond to global shifts and forge strategic, long-term partnerships that advance the UAE's interests and global standing.' He added that the report also serves as a foundational reference for researchers in the field of economic diplomacy and international economic relations.
The event reinforced AGDA's role as a platform for policy dialogue and its dedication to preparing diplomats and decision-makers equipped to address the emerging challenges and opportunities of international affairs. While the report and discussions echo the UAE's broader strategic objectives of sustainable development, economic diversification, and strengthened global influence through cooperation, innovation, and foresight.
About the Anwar Gargash Diplomatic Academy (AGDA):
The Anwar Gargash Diplomatic Academy (AGDA) is a globally recognised diplomatic centre of excellence in Abu Dhabi, UAE. It delivers accredited academic programmes and high-impact executive training to develop future diplomats, as well as the government and business leaders of tomorrow. AGDA brings together an intellectual community from the world of diplomacy, academia and research. As a respected and evolving regional think tank, AGDA produces research that advances knowledge and capabilities relevant to the UAE's foreign policy objectives. The Academy is a producer of leading resources, including indices and publications.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UAE's non-oil foreign trade surges in H1 2025, growing 14 times faster than global average: Al Zeyoudi
UAE's non-oil foreign trade surges in H1 2025, growing 14 times faster than global average: Al Zeyoudi

Al Etihad

time2 days ago

  • Al Etihad

UAE's non-oil foreign trade surges in H1 2025, growing 14 times faster than global average: Al Zeyoudi

30 July 2025 18:01 ABU DHABI (WAM) Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said that the UAE achieved historic figures in non-oil foreign trade during the first half of 2025, with a growth rate exceeding 24.5%.The total value reached over Dh1.7 trillion, a rate 14 times higher than the global average of approximately 1.75%, reflecting the strength of the UAE's long-term economic strategies and forward-looking statements to Emirates News Agency (WAM), Al Zeyoudi revealed updates on the UAE's Comprehensive Economic Partnership Agreements (CEPAs). He noted that the country has concluded 28 agreements, with 10 already in force, and between three and six more expected to be signed before the end of the Zeyoudi congratulated the UAE's wise leadership and business community on the unprecedented trade results, attributing the success to the nation's sustained strategic planning and sound economic highlighted the vital role played by the UAE's expanding international partnerships, comprehensive economic system, and advanced logistics infrastructure in solidifying the country's position as a global trade said that imports rose by 22.5%, reinforcing the UAE's position as a major global re-export centre. Re-export value increased by 14% to reach approximately Dh389 billion, emphasising the country's pivotal role in global supply added that non-oil exports witnessed a significant leap to nearly Dh370 billion, three times their value five years exports accounted for more than 21.4% of total foreign trade, demonstrating the effectiveness of the UAE's diversification strategy and industrial sector also highlighted the outcomes of the National Industrial Strategy, which focused on transitioning from re-exporting to direct exporting and on targeting specific markets through Comprehensive Economic Partnership Agreements (CEPAs). This strategic shift, he noted, has contributed to market diversification and significantly enhanced the global competitiveness of UAE-made noted that trade with India recorded a growth of nearly 34%, while trade with Türkiye surged by over 40%, underscoring the tangible impact of the UAE's open economic policy and proactive engagement with global markets. The opening of international markets to Emirati producers, exporters, and manufacturers, alongside efforts to attract foreign direct investment, constitutes a core pillar of the nation's trade strategy, Al Zeyoudi said in conclusion.

Euro under pressure as US-EU trade deal fails to impress
Euro under pressure as US-EU trade deal fails to impress

Zawya

time4 days ago

  • Zawya

Euro under pressure as US-EU trade deal fails to impress

SINGAPORE: The euro struggled to recoup its steep losses on Tuesday as investors sobered up to the fact that terms of the trade deal between the U.S. and the European Union favoured the former and hardly lifted the economic outlook of the bloc. France, on Monday, called the framework trade agreement a "dark day" for Europe, saying the bloc had caved in to U.S. President Donald Trump with an unbalanced deal that slapped a headline 15% tariff on EU goods. German Chancellor Friedrich Merz said his economy would suffer "significant" damage due to the agreed tariffs. The euro slid 1.3% in the previous session, its sharpest one-day percentage fall in over two months, on worries about growth and as euro-area government bond yields fell. The common currency last traded 0.07% higher at $1.1594. "It hasn't taken long for markets to conclude that this relatively good news is still, in absolute terms, bad news as far as the near term implications for euro zone growth are concerned," said Ray Attrill, head of FX research at National Australia Bank. "The deal has been roundly condemned by France while others - including German Chancellor Merz, are playing up the negative consequences for exporters, and with that, economic growth." The slide in the euro in turn boosted the dollar, which jumped 1% against a basket of currencies overnight. The dollar held on to gains on Tuesday and knocked sterling to a two-month low of $1.3349. The yen edged marginally higher to 148.49 per dollar. The dollar index steadied at 98.67. "While the U.S. dollar's strength... may reflect the perception that the new U.S.-EU deal is lopsided in favour of the U.S., the U.S. dollar's strength may also reflect a feeling that the U.S. is re-engaging with the EU and with its major allies," said Thierry Wizman, global FX and rates strategist at Macquarie Group. Still, Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he set in April. Elsewhere, the Australian dollar eased 0.05% to $0.6518, while the New Zealand dollar was little changed at $0.5972. The offshore yuan was little changed at 7.1813 per dollar. Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving long-standing economic disputes at the centre of a trade war between the world's top two economies, seeking to extend a truce by three months. Apart from trade negotiations, focus this week is also on rate decisions from the Federal Reserve and the Bank of Japan (BOJ). Both central banks are expected to stand pat on rates, but traders will watch subsequent comments to gauge the timing of their next moves. (Reporting by Rae Wee; Editing by Muralikumar Anantharaman)

Theyab bin Mohamed bin Zayed chairs meeting of IHPC
Theyab bin Mohamed bin Zayed chairs meeting of IHPC

Sharjah 24

time24-07-2025

  • Sharjah 24

Theyab bin Mohamed bin Zayed chairs meeting of IHPC

The meeting focused on the strategic direction of the foreign aid sector, reviewed the 2024 Foreign Aid Report, and discussed programs aimed at empowering professionals in the humanitarian field. His Highness Sheikh Theyab highlighted the significance of collaborative efforts among local entities to implement diverse humanitarian and development initiatives globally, in line with the UAE's civilisational mission for development and prosperity, a vision established by the late Sheikh Zayed bin Sultan Al Nahyan and reinforced by President His Highness Sheikh The UAE remains committed to its international humanitarian responsibilities, supporting communities in need and providing sustainable development solutions to address global challenges. Sheikh Theyab emphasised the necessity of aligning the UAE's humanitarian and development programs with national priorities and the United Nations' Sustainable Development Goals, particularly in education, healthcare, disease eradication, poverty alleviation, food security, economic growth, environmental protection, and biodiversity. He remarked that the UAE's extensive projects across various continents reflect its leading role in the global humanitarian and development sectors. The meeting underscored the importance of institutionalising the UAE's generosity as a model for international aid and development, while enhancing the dignity and prosperity of recipient communities. It also highlighted the UAE's approach to leveraging resources, capabilities, and partnerships to support those in need. The aim is to collaborate with partners to achieve sustainable humanitarian impacts, foster innovation, integrate foreign aid programs to create economic opportunities, and improve communication in humanitarian efforts. Additionally, the meeting reviewed the Humanitarian Foresight Programme, designed to empower leaders by enhancing their skills, knowledge, and experience. This program equips participants with the latest scientific and technological advancements in humanitarian and development fields, aligning with national priorities and strengthening the capabilities of professionals in donor institutions and charitable organisations. The council also expressed support for the Master of Arts in Humanitarian and Development Work at the Anwar Gargash Diplomatic Academy, aligning with its objectives to enhance specialised competencies among personnel in relevant humanitarian institutions, particularly the UAE Aid Agency. The program aims to refine participants' decision-making and multicultural team management skills, improve their capacity to manage humanitarian initiatives, and deepen their understanding of development and humanitarian studies in the context of international relations, law, diplomacy, and global priorities. Attendees of the meeting included Shamma bint Suhail Al Mazrouei, Minister of Community Empowerment; Faris Mohammed Al Mazrouei, Advisor at the Presidential Court; Dr Hamdan Musallam Al Mazrouei, Chairman of the Emirates Red Crescent; and Mohamed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store