INSUBCONTINENT EXCLUSIVE:
The United Arab Emirates (UAE) and India are discussing ways to boost non-oil trade in rupees as the Gulf country looks to strengthen ties
with a major trade partner and boost its economy
trade, said during a Bloomberg TV interview in Davos, Switzerland, on Friday
Earlier this week, Saudi finance minister Mohammed Al-Jadaan said the kingdom is open to discussions about trade in currencies other than
The UAE has been seeking to step up trade with crucial partners and last year signed multiple economic pacts with countries including India,
Indonesia, Turkey, Israel and Ukraine
In the coming months, the UAE expects to finalize similar agreements with Cambodia and Georgia, Al-Zeyoudi said
Bullish outlookThe UAE and neighboring Gulf countries are expected to be sheltered from a looming global recession this year, mainly due to
massive oil bounties they collected in 2022 and also due to measures they have taken since the Covid-19 pandemic
Dubai, part of the seven sheikhdoms comprising the UAE, has seen an influx of businesses, entrepreneurs and tourists over the past couple of
