Latest news with #Projectsofthe50
Dubai Eye
08-05-2025
- Business
- Dubai Eye
UAE foreign trade hits record of AED 5.23 trillion in 2024
UAE foreign trade reached a surplus of over AED 490 billion, with the Ministry of Economy's Foreign Trade team and the Comprehensive Economic Partnership Agreements (CEPA) negotiators team recognised for their contributions. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with and commended the entities leading the UAE's foreign trade efforts, encouraging continued innovation to preserve the country's leading position on the global trade map and to sustain the growth of its international trade relations. During the meeting with met with a number of ministers, members of the Federal National Council, dignitaries and investors, Sheikh Mohammed said trade has long been a foundation of great civilisations and remains a key pillar of sustainable economic growth. Sheikh Mohammed highlighted the UAE is not merely keeping pace with global trade, but actively shaping its future. His Highness expressed his appreciation to all those contributing to the growth of the UAE's trade ecosystem, noting that their efforts are helping to write the success story of a nation committed to global economic leadership. The UAE has signed 21 CEPAs so far, expanding its access to global markets in Asia, Africa, and Latin America - markets that collectively represent around 25 per cent of the world's population. These agreements are an integral part of the UAE's 'Projects of the 50', which play a key role in boosting the nation's non-oil trade. The UAE now accounts for 41.4 per cent of the total goods exports in the Middle East, ranking 11th globally in goods exports and 13th in services exports.
ARN News Center
08-05-2025
- Business
- ARN News Center
UAE foreign trade hits record of AED 5.23 trillion in 2024
UAE foreign trade reached a surplus of over AED 490 billion, with the Ministry of Economy's Foreign Trade team and the Comprehensive Economic Partnership Agreements (CEPA) negotiators team recognised for their contributions. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with and commended the entities leading the UAE's foreign trade efforts, encouraging continued innovation to preserve the country's leading position on the global trade map and to sustain the growth of its international trade relations. During the meeting with met with a number of ministers, members of the Federal National Council, dignitaries and investors, Sheikh Mohammed said trade has long been a foundation of great civilisations and remains a key pillar of sustainable economic growth. Sheikh Mohammed highlighted the UAE is not merely keeping pace with global trade, but actively shaping its future. His Highness expressed his appreciation to all those contributing to the growth of the UAE's trade ecosystem, noting that their efforts are helping to write the success story of a nation committed to global economic leadership. The UAE has signed 21 CEPAs so far, expanding its access to global markets in Asia, Africa, and Latin America - markets that collectively represent around 25 per cent of the world's population. These agreements are an integral part of the UAE's 'Projects of the 50', which play a key role in boosting the nation's non-oil trade. The UAE now accounts for 41.4 per cent of the total goods exports in the Middle East, ranking 11th globally in goods exports and 13th in services exports.
TAG 91.1
08-05-2025
- Business
- TAG 91.1
UAE foreign trade hits record of AED 5.23 trillion in 2024
The Foreign Trade team at the Ministry of Economy and the Comprehensive Economic Partnership Agreements (CEPA) negotiation team have been recognised for boosting UAE's foreign trade, achieving a surplus of over AED 490 billion. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with and commended the strong coordination among the entities leading the UAE's foreign trade efforts, encouraging continued innovation to preserve the country's leading position on the global trade map and to sustain the growth of its international trade relations. The meeting, which took place at Union House in Dubai, was attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE; and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance. During the meeting, which was also attended by Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, Sheikh Mohammed said that trade has long been a foundation of great civilisations and remains a key pillar of sustainable economic growth. The gathering was also attended by a number of Sheikhs, Ministers, Directors General, members of the Federal National Council, dignitaries, and investors. His Highness engaged in discussions with attendees, focusing on the UAE's sustainable development, economic progress, and the private sector's role in driving growth and innovation. Sheikh Mohammed also said that the UAE is not merely keeping pace with global trade, but actively shaping its future. As a strategic bridge between East and West, the nation continues to earn the trust and respect of the international community. His Highness expressed his appreciation to all those contributing to the growth of the UAE's trade ecosystem, noting that their efforts are helping to write the success story of a nation committed to global economic leadership. The UAE has signed 21 CEPAs so far, expanding its access to global markets in Asia, Africa, and Latin America — markets that collectively represent around 25% of the world's population. These agreements are an integral part of the UAE's 'Projects of the 50', which play a key role in boosting the nation's non-oil trade. The UAE now accounts for 41.4% of the total goods exports in the Middle East, ranking 11th globally in goods exports and 13th in services exports.
Sharjah 24
07-05-2025
- Business
- Sharjah 24
VP meets with foreign trade teams at Ministry of Economy
The meeting, which took place at Union House in Dubai, was attended by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE; and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance. During the meeting, which was also attended by Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, Sheikh Mohammed said that trade has long been a foundation of great civilisations and remains a key pillar of sustainable economic growth. He emphasised that the UAE's success in this vital sector is the result of a forward-looking vision, robust partnerships, flexible policies, and the dedication of teams who see geography not as a boundary, but as a starting point for ambition. His Highness Sheikh Mohammed bin Rashid commended the strong coordination among the entities leading the UAE's foreign trade efforts, encouraging continued innovation to preserve the country's leading position on the global trade map and to sustain the growth of its international trade relations. Sheikh Mohammed also said that the UAE is not merely keeping pace with global trade, but actively shaping its future. As a strategic bridge between East and West, the nation continues to earn the trust and respect of the international community. His Highness expressed his appreciation to all those contributing to the growth of the UAE's trade ecosystem, noting that their efforts are helping to write the success story of a nation committed to global economic leadership. The meeting was also attended by Lieutenant General Sheikh Ahmed bin Rashid Al Maktoum, Deputy Chairman of Chief of Police and Public Security in Dubai; Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE National Olympic Committee; and Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority. The gathering was also attended by a number of Sheikhs, Ministers, Directors General, members of the Federal National Council, dignitaries, and investors. His Highness engaged in discussions with attendees, focusing on the UAE's sustainable development, economic progress, and the private sector's role in driving growth and innovation. The UAE has signed 21 CEPAs so far, expanding its access to global markets in Asia, Africa, and Latin America—markets that collectively represent around 25% of the world's population. These agreements are an integral part of the UAE's 'Projects of the 50', which play a key role in boosting the nation's non-oil trade. The UAE now accounts for 41.4% of the total goods exports in the Middle East, ranking 11th globally in goods exports and 13th in services exports. On the sidelines of the meeting, Sarah Al Amiri, Minister of Education, delivered a lecture on the integration of Artificial Intelligence (AI) into the curriculum of public schools across the UAE. She emphasised the importance of the UAE government's decision in equipping future generations with the skills to master a technology that will have a transformative impact on various aspects of life, extending beyond just work and production to influence societies at large.
Al Bawaba
27-04-2025
- Business
- Al Bawaba
Maharat for Tourism e-learning hub by SPARK landing in UAE supported by Google.org
SPARK, in partnership with EYouth and with support from has launched the Maharat for Tourism E-Learning Hub in Abu Dhabi, UAE Abu Dhabi welcomed nearly 24 million visitors in 2023, confirming its role not just as a global destination but also as a key player in reshaping tourism in ways that are more inclusive, digital, and environmentally responsible. The launch of the Maharat for Tourism Hub comes as the UAE rolls out its National Tourism Strategy 2031, which forms part of the country's broader 'Projects of the 50' agenda to diversify the economy and position the UAE among the world's top tourist destinations. With tourism set to contribute significantly to the country's GDP and attract billions in investment, the strategy focuses on four core areas: creating a unified national tourism identity, diversifying tourism products, building local capabilities, and increasing investment across all tourism sectors. The Maharat for Tourism programme supports these ambitions by equipping young people and small business owners with the tools and training needed to grow the industry in a sustainable and future-ready way. 'The UAE is steadily advancing its national efforts to develop innovative and sustainable tourism while strengthening collaboration with key local and international stakeholders in the tourism sector. That's why Maharat for Tourism plays a vital role in driving these efforts forward,' said Christel Bultman, CEO of SPARK. The Maharat for Tourism E-Learning Hub offers tailored, free training across multiple areas, including sustainable tourism strategy, SME management, AI and digital tools, event planning, and soft skills. It also provides specific courses for policymakers, helping governments design tourism frameworks that balance growth with social and environmental responsibility. Encouraging private-sector investment remains a key pillar of the UAE's strategy, with government incentives driving commitment to areas such as renewable energy, waste management, and eco-friendly transport. Just as important is the country's growing recognition of community-based tourism, where local communities play an active role in shaping tourism initiatives. The Hub reflects this by promoting inclusive approaches and ensuring that training materials speak to both economic and social priorities. Running until the end of 2025, the Maharat for Tourism programme aims to support 25,000 job seekers and entrepreneurs across the UAE, Saudi Arabia, Egypt, Qatar, Jordan, Tunisia, Lebanon, and the Palestinian territories. In addition to the online hub, the programme will deliver workshops and events that help learners translate their training into opportunity. With the support of SPARK has also developed the Maharat for Tourism E-learning Hub, a dynamic online training platform that provides specialised curriculum tailored to different segments of the tourism industry. These include courses on government tourism strategies and policies for policymakers, as well as courses designed for small business owners on managing SMEs in the tourism sector. Additionally, there are modules on experiential tourism operations and event planning and design, aimed at job seekers looking to enter the tourism industry 'At Google, we believe in the power of technology to unlock opportunities for everyone. SPARK's Maharat for Tourism e-learning hub supported by aims to equip young people and entrepreneurs with digital skills for the growing tourism sector, contributing to the UAE's tourism goals and creating economic opportunities.' Marie De Ducla, Google Sector Lead - Travel, Retail, Consumer Goods & Services in MENA.
