DFM ---ADX ---
2hADIB Greenlights Dh1.75 Billion Rights Issue to Fuel GrowthBusiness
3hIMF Chief Warns of Economic Turbulence Driven by Energy, Debt, and AIBusiness
3hInnovation City and EMB Global Showcase the Future of Agentic AI at Abu Dhabi SummitBusiness
3hHSBC Overhauling UK Wealth Division with Major AI-Driven Staff CutsBusiness
3hUS Trade Gap Hits New Record Amid Surge in ImportsBusiness
3hDubai’s Merlin Quantum Secures Second Place in Global Advanced Materials CompetitionBusiness
3hOil Markets Waver as Supply Concerns Clash With Rising Middle Eastern ExportsBusiness
3hUAE and Saudi Investors Drive $191 Million Shariah-Compliant Credit FundBusiness
3hRBI Hikes Interest Rates to Combat InflationBusiness
3hDubai Prioritizes Perishable Cargo to Tackle Regional Supply Chain HurdlesBusiness
3hEtisalat Celebrates 50 Years with a Return to Its Iconic RootsBusiness
3hTokenising Livestock: How Blockchain is Modernizing Remote FarmingBusiness
3hUAE Shoppers Prioritize Quality and Convenience Despite Rising CostsBusiness
3hThe Era of Elevated Interest Rates: A New Economic Reality for the UAEBusiness
3hDubai Set to Host Major Outdoor Lifestyle Festival in 2027Business
3hUAE Bolsters Digital Defense Amidst Rapid AI AdoptionBusiness
3hBuilding Trust: The Future of Agentic AI in Financial PaymentsBusiness
4hThe AI Investment Frenzy Is Shaking Global Financial MarketsBusiness
10hAir Arabia Restores Daily Flights Connecting Ras Al Khaimah and KozhikodeBusiness
21hSaudi Arabia’s Energy Infrastructure Remains Resilient Amid Regional TensionsBusiness
1ddu Pay Shifts Strategy to Lifestyle-Focused Subscription ModelBusiness
1dAir India Express Boosts Connectivity Between India and the Middle EastBusiness
1dCould Higher Middle East Oil Exports Signal Lower Fuel Prices for UAE Residents?Business
1dUAE Financial Relief Package Supports Over 155,000 CustomersBusiness
1dWikipedia blames OpenAI bots for site disruptions and unauthorized editsBusiness

UAE and Russia Forge New Economic Ties with Trade and Investment Deal

Sun, Aug 23, 2026(45d ago)Business

The UAE and Russia have officially kicked off a new chapter in their economic partnership following the implementation of the Trade in Services and Investment Agreement (Tisia). Signed during President Sheikh Mohamed bin Zayed Al Nahyan’s recent visit to Moscow, this framework is set to streamline market access and provide robust protections for investors in both nations. This move complements the existing Economic Partnership Agreement with the Eurasian Economic Union, creating a comprehensive foundation that covers everything from goods and services to long-term cross-border investment.

The timing of this agreement comes on the heels of a massive surge in bilateral non-oil trade, which hit $20.4 billion in 2025—an impressive 77.7 percent jump from the previous year. By cutting through bureaucratic red tape and fostering a more predictable business environment, the Tisia aims to accelerate growth in vital sectors like fintech, healthcare, logistics, and professional services. As the UAE pushes toward its ambitious goal of reaching $1.1 trillion in non-oil foreign trade by 2031, this partnership with Russia stands as a cornerstone of its wider strategy to broaden its global economic footprint.

Comments0
No comments yet. Be the first to share your thoughts.