The UAE–India Comprehensive Economic Partnership Agreement (CEPA) has reached $37.6 billion in the first half of 2025, underscoring it is on track to achieve the shared goal of touching US$100 billion by 2030.
Speaking to national news agency WAM, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade said it marks a 33.9 per cent rise compared to the same period in 2024.
The CEPA between the two countries was signed in February 2022.
“Since its entry into force in May 2022, the agreement has marked a qualitative leap in trade and investment ties, clearly reflected in the growth rates of bilateral trade and investment flows," Dr Al Zeyoudi added.
Al Zeyoudi added that the UAE–India economic partnership is not merely a trade and investment agreement, but a platform for achieving shared development goals, stimulating economic growth, accelerating reciprocal investment flows, and creating opportunities for business communities in both countries to expand and prosper. He stressed that there remains promising prospects for further mutual economic growth between the two nations.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the UAE's commitment to strengthening economic ties with African nations.
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.