13 Hrs
Source:
اقتصاد سكاي نيوز عربية
UAE and Singapore expand economic ties
The article discusses the enhancement of economic cooperation between the United Arab Emirates and Singapore. The two parties agreed to expand trade and investment partnerships, encouraging companies and investors to seize available opportunities. Emphasis was placed on empowering the private sector, increasing flows of trade and investment, and exchanging expertise to support sustainable economic growth. Non-oil trade between the two countries reached $6.54 billion in 2025, reflecting an annual growth rate of 25.3%. Additionally, there are direct Emirati investments valued at $5.12 billion in Singapore, and around 230 Singaporean companies operating in the UAE. The aim of this cooperation is to build more diverse and sustainable relationships, with a focus on deepening industrial links and regional value chains.
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