DFM ---ADX ---
3hADGM Penalizes Auditing Firm and Principal for Compliance FailuresBusiness
9hStrengthening UAE-Greece Tech Ties Through AI InnovationBusiness
23hWill UAE Fuel Prices Hit Record Highs in November as Oil Climbs?Business
23hFlydubai Extends Saudi Flight Suspensions Amid Regional Security ConcernsBusiness
1dGold Prices Dip in UAE Just in Time for DiwaliBusiness
1dADCB Extends Winning Streak with 21 Quarters of Profit GrowthBusiness
1dOil Prices Surge to Five-Month High Amid Middle East TensionsBusiness
1dMiddle East Steel Market Poised for $60B Valuation by 2031Business
1dRakbank Hits Dh2.5 Billion Profit Milestone Amid Strong GrowthBusiness
1dUAE Companies Grapple with AI Security RisksBusiness
1dUAE Embraces Stablecoins as Businesses Shift Toward Digital PaymentsBusiness
1dDubai Becomes a Magnet for Specialist Debt Advisers Amid Rising Gulf WealthBusiness
1dAI-Driven Automation Transforming Expense Management in UAE BusinessesBusiness
1dAbu Dhabi’s property market maintains strong momentumBusiness
1dDriving Innovation: How Tech and Startups Will Power the $200B Indo-UAE Trade GoalBusiness
1dUAE Regulator Launches Probe into AIX Financial Consultations Over Missed PayoutsBusiness
1dDiwali Jewellery Deals in the UAE: Top Offers to WatchBusiness
1dDubai’s Vision for an AI-Powered Financial FutureBusiness
1dUAE Named a Top Global Destination for Quality of LifeBusiness
2dBoost Your Travel Rewards: Earn Emirates Skywards Miles During Your Dubai StayBusiness
2dGTHE Unveils JCB Hydrogen Engine at WETEX to Drive UAE’s Green TransitionBusiness
2dCommercial Bank of Dubai Reports Strong Third Quarter GrowthBusiness
2dAbu Dhabi Unveils New Unified Facade Standards for Industrial FacilitiesBusiness
2dUAE Remains a Global Magnet for Fractional ExecutivesBusiness
3dUAE Transforms Tourist Tax Refunds with New AI-Powered Digital AppBusiness

South-South Trade Redefines the Global Economic Landscape

Wed, Sep 9, 2026(45d ago)Business

The world’s fastest-growing economies are no longer mere onlookers in the international market; they are actively shaping the future of global commerce. During the AIM Congress 2026, it was highlighted that South-South trade has surged to nearly $7 trillion annually, accounting for one-quarter of all global goods. Badr Jafar, Special Envoy of the UAE Minister of Foreign Affairs for Business and Philanthropy, emphasized that this shift is driven by strategic government-to-government agreements that pave the way for private sector collaboration. Rather than improvising during times of crisis, the UAE and its partners have leveraged long-standing, pre-established corridors and mutual trust to ensure supply chain resilience, proving that having a credible "Plan B" is just as vital as efficiency.

As global trade becomes increasingly digitized, the role of human trust remains the essential foundation that allows data and standards to function effectively. Jafar noted that while AI can optimize logistics in an instant, the real strength of a trade network lies in the "connective tissue" provided by a whole-of-society approach. By blending governmental frameworks with business infrastructure and catalytic philanthropic capital, countries are building more durable systems. The UAE’s success—evidenced by a 13 percent growth in non-oil trade—serves as a blueprint for this strategy, demonstrating that by building gateways for others, nations can foster stability and growth even amidst significant global economic turbulence.

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