Onjo Simson

  As we step into 2025, the UAE is poised to significantly expand its Comprehensive Economic Partnership Agreement (CEPA) network by signing additional agreements. The UAE's Minister of State for Foreign Trade,  Dr. Thani bin Ahmed Al Zeyoudi, aiming to foster an international trade relationships, enhancing its economic footprint  and cement the UAE’s position in the global marketplace.  So  this strategic move aims to fuel economic growth and achieve ambitious trade goals.  Precisely, The UAE has set a bold target to boost its non-oil trade to $1 trillion by 2031. This target is part of a broader vision to double the economy and surpass $800 billion by 2030. The expansion of the CEPA network is a crucial step toward achieving these goals. In 2024, (which is a successful year to UAE) their foreign trade saw impressive growth, surpassing AED 1.395 trillion in the first half of the year alone, which was an 11.2% increase compared to the same period in 2023. T...

  Israeli Foreign Minister Eli Cohen met with his Emirati counterpart Abdullah Bin Zayed on the sidelines of the UN General Assembly in New York City on Wednesday, the  first meeting between the two diplomats. This meeting is a significant step forward in the relationship between the two countries, which was normalized in 2020 as part of the Abraham Accords. The two ministers discussed the advances in the Israel-UAE bilateral relationship, including in tourism and trade, since the signing of the Abraham Accords. They also discussed their shared commitment to regional stability and security. The fact that this meeting took place on the sidelines of the UN General Assembly is significant because it shows that the relationship between Israel and the UAE is now out in the open and that the two countries are no longer afraid to show their support for each other. It's been three years since the Abraham Accords were signed, and it's good to see that the relationship between t...