UAE free zone inks deal to promote trade ties with China

DUBAI, July 11 (Xinhua) — Dubai Multi Commodities Centre (DMCC), the biggest free trade zone in the United Arab Emirates (UAE), has signed a Memorandum of Understanding (MoU) with China Council For the Promotion Of International Trade (CCPIT), DMCC said on Wednesday. The agreement with CCPIT, China’s national foreign trade and investment promotion agency, was […]

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How Dubai became a model for free trade, openness and ambition

DUBAI HAS THE world’s tallest building, its busiest airport by international passengers and the busiest container port between Singapore and Rotterdam. It is building the world’s largest concentrated solar power plant. It is the Arab world’s most important financial centre and, as the world’s fourth-most-visited city, an exuberant playground. No ambition is too outlandish. The […]

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“Africa’s Dubai”: Chinese group starts work on $3.5bn Djibouti free trade zone

China has helped launch the first phase of a $3.5bn project to build Africa’s biggest free trade zone in the microstate of Djibouti. The Djibouti International Free Trade Zone (DIFTZ) is planned as a 48 sq km project, however the first phase will be a $370m, 2.4 sq km pilot zone which will consist of […]

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South Korea , United Arab Emirates (UAE) Agree To Enhance Cooperation In 4 Key Areas

SEJONG, Mar 9 (UrduPoint / Pakistan Point News – 09th Mar, 2018 ):South Korea and the United Arab Emirates(UAE) will closely cooperate in energy, infrastructure, the fourth industrial revolution, and the medical sector, the finance ministry here said Friday. The agreement came in the sixth round of economic cooperation meetings between South Korea’s Finance Minister Kim Dong-yeon and his UAE counterpart Sultan […]

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