22 Hrs
Source:
اقتصاد سكاي نيوز عربية
UAE and Canada deepen ties at Summit
The UAE and Canada are considered among the countries that are rapidly strengthening their economic and trade relations. During the Canada Investment Summit 2026 in Toronto, the two sides discussed ways to expand cooperation in key sectors such as clean energy, critical minerals, artificial intelligence, and food and agriculture. They emphasized the importance of implementing a $50 billion investment framework to support sustainable production projects and turn ambitions into tangible reality. Additionally, negotiations for the Comprehensive Economic Partnership Agreement between the two countries have advanced at an unprecedented pace. Non-oil trade between the UAE and Canada reached $4.2 billion in 2025, representing a 21% increase over 2024, serving as one of the main indicators of growing sustainable economic collaboration between the two nations, with expectations of further expansion of long-term partnerships.
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