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The UAE inks trade agreement with Congo + deepens its strategic ties with India and Turkey
Plus: UAE and Armenia discuss enhancing their bilateral relations
China braces for a “fight to the end” against US tariffs
Tariffs could push China to seek alternative markets
The UAE’s non-oil foreign trade exceeded AED 2.8 tn in 2024 -CBUAE
Abu Dhabi’s non-oil foreign trade rose by 9% y-o-y to AED 306 bn last year
US tariffs offer a toss-up of good and bad news for the UAE economy, analysts say
The higher tariffs applied to other countries will give Gulf states a relative competitive advantage, one economist said
Trump’s sweeping tariffs spark panic across global markets
Wall Street futures took a nosedive following news of widespread reciprocal tariffs on US trading partners
THIS MORNING: UAE slapped with a 10% tariff as Trump triggers global trade war
Plus: Dubai to get on-demand self-driving cars this year
US trade war could trigger more expansionary monetary and fiscal policies globally
Central banks can slash interest rates to boost economic activity and combat tariffs
BMI sees UAE’s current account surplus narrowing to 7.7% of GDP in 2025
This forecast is a more bearish one than the consensus
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