Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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The UAE is the third emerging economy in exporting creative services globally report says

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A report  issued by the United Nations Conference on Trade and Development (UNCTAD) yesterday  as UAE topped regionally and ranked third globally among the most emerging economies exporting creative services, according to the “Creative Economy Outlook 2022” 

UAE has outperformed Hong Kong, Singapore, Russia, India, Brazil, Malaysia, Turkey and Thailand in creative services exports. 

Also read :UAE: An Active and Innovative Backer of Humanitarian Responses Worldwide

In  this, The value of the UAE’s exports of creative services in 2020 amounted to about $5.94 billion, or 9.6% of the country’s total service exports during the same year and about 0.6% of the total exports of creative services worldwide. 

With regard to creative goods, the UAE ranked first in the Arab world and ninth globally on the list of emerging economies exporting creative goods in 2020. The value of creative goods exported by the UAE in that year was $9.21 billion, representing 2.8% of the total merchandise exports of the UAE during the same year, and by 1.8% of the total exports of creative goods globally in the same year.

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