{"id":84973,"date":"2025-03-06T00:00:00","date_gmt":"2025-03-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/06\/updates-on-trade-and-zones-from-uae-and-egypt\/"},"modified":"2025-03-06T00:00:00","modified_gmt":"2025-03-06T00:00:00","slug":"updates-on-trade-and-zones-from-uae-and-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/06\/updates-on-trade-and-zones-from-uae-and-egypt\/","title":{"rendered":"Updates on trade and zones from UAE and Egypt"},"content":{"rendered":"

\n

TRADE-<\/p>\n

Emirates\u2019 Sharjah and Bangladesh ink MoU on bilateral trade: <\/strong>The Sharjah<\/a>Chamber of Commerce and Industry<\/a> (SCCI) signed an MoU with Bangladesh\u2019s Dhaka Chamber of Commerce and Insudstry<\/a> (DCCI) to strengthen bilateral trade and economic partnerships, Wam<\/a> reports. The DCCI also signed an MoU with Dubai Chambers last month<\/a> and organized a conference with its Abu Dhabi counterpart<\/a>.<\/p>\n

On a national level<\/strong>, President Sheikh bin Zayed Al Nahyan discussed increasing Emirati-Bangladeshi trade last May<\/a>, and 2024 also saw AD Ports ink an MoU<\/a> to develop and operate a multi-purpose port in Chittagong in Bangladesh.<\/p>\n

\n

ZONES-<\/p>\n

#1- UAE\u2019s IFZA to invest in Pakistan\u2019s special economic zones:<\/strong> The International Freezones Authority (IFZA) signed an MoU with Pakistan\u2019s government to invest in Pakistan\u2019s special economic zones, according to a statement on X<\/a> from Pakistan\u2019s Prime Minister Shehbaz Sharif\u2019s office. <\/p>\n

REMEMBER- <\/strong>The UAE, Pakistan\u2019s third-largest trading partner, also inked several<\/a>agreements<\/a> with Pakistan just days ago to up cooperation in natural resources, logistics, ports, financial services, and infrastructure.<\/p>\n

#2- Egypt\u2019s Cabinet approves green industrial zone plans:<\/strong> The cabinet approved the establishment of a green industrial zone for petrochemical and green hydrogen production in the Gulf of Suez\u2019s Ras Shukeir. It also gave an initial nod for the Transport Ministry to proceed with contracts for a green hydrogen and green ammonia project in Ras Shukeir in partnership with a consortium of international companies, the Red Sea Ports Authority, and the New and Renewable Energy Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stories on our radar this morning from around the region<\/p>\n","protected":false},"author":1,"featured_media":84974,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[62,49,32,129,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-egypt","tag-trade","tag-uae","tag-zones","wpautop","entry"],"acf":{"mongo_id":"9d8ebc43-5063-42d6-81d0-a8bd211fe5c6","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/2530.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Updates on trade from UAE","related_issue":[84959],"teaser":"Stories on our radar this morning from around the region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.4a0ebc07-dfd2-4444-9a83-88a6e8c29150.mp3"},"yoast_head":"\nUpdates on trade and zones from UAE and Egypt - 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