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Charles Michel warns of potential new trade war at the 12th Global Baku Forum

Charles Michel warns of potential new trade war at the 12th Global Baku Forum

Speaking at the 12th Global Baku Forum, the former President of the European Council, Charles Michel warned that a potential trade war could stem from events originating in the White House but Europe must remain focused on further strengthening its economy. He also highlighted that the US plays an important role in Europe's security and that more investment should be made in institutional development. The Global Baku Forum is organized by the Nizami Ganjavi International Center under the patronage of Azerbaijan President Ilham Aliyev.
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EU Commissioner Síkela visits Central Asia to promote development projects in the region

EU Commissioner Síkela visits Central Asia to promote development projects in the region

Between 12 and 18 March, European Commissioner for International Partnerships Jozef Síkela will visit the five Central Asian countries to strengthen the EU-Central Asia partnership ahead of the EU-Central Asia Summit and scale up Global Gateway, the EU’s investment strategy to boost jobs and sustainable economic growth. 

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Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia announced on Thursday, its strategy for the 'Riyadh Vision'. The plan was revealed by Crown Prince Mohammed bin Salman and it aims to make Riyadh among the world's top 10 economic cities in order to drive forward the country’s economic, industrial and tourism growth in the upcoming years. 
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UAE affirms support for Gulf economic cooperation

UAE affirms support for Gulf economic cooperation

The UAE Minister of State for Foreign Trade affirmed the UAE’s willingness to support joint Gulf action in various priority economic issues. Some of the expected changes is an amended consumer protection system, the adoption of the amended patent system, and continuing to support and encourage small and medium enterprises and institutions.
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Dubai marches ahead despite pandemic setbacks

Dubai marches ahead despite pandemic setbacks

Emphasising its resilience as the leading economic hub in the Gulf, the Emirate of Dubai on Sunday (27 December) unveiled a growth-oriented 2021 budget that seeks to accelerate the pace of economic recovery, strengthen social benefits and enhance infrastructure. Dubai seeks a quick bounce back in 2021 after the setbacks due to the coronavirus pandemic