23 Hrs
Source:
Sharjah24
UAE and Singapore enhance economic ties
The United Arab Emirates and Singapore have discussed enhancing their trade and investment cooperation, developing mutual investments, and exploring new areas of partnership between their business communities. The meeting emphasized the importance of expanding cooperation horizons, exchanging expertise and knowledge to support sustainable economic growth, and encouraging companies and investors to explore investment opportunities and convert them into actual projects. In terms of figures, the non-oil trade volume between the UAE and Singapore reached $6.54 billion in 2025, an increase of 25.3% compared to 2024. Additionally, UAE direct investments in Singapore amounted to $5.12 billion from 2021 to 2025, with around 230 Singaporean companies primarily operating in sectors such as real estate, tourism, energy, and others. The aim of these meetings is to strengthen trade relations, develop partnerships, and increase investment flows between the two countries.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)