GCC Scope
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Reading: UAE Foreign Trade Minister Holds Talks in Singapore After Non-Oil Trade Climbs to $6.54 Billion
ar ع
GCC ScopeGCC Scope
Font ResizerAa
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Search
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
GCC Scope > Business > UAE Foreign Trade Minister Holds Talks in Singapore After Non-Oil Trade Climbs to $6.54 Billion
Business

UAE Foreign Trade Minister Holds Talks in Singapore After Non-Oil Trade Climbs to $6.54 Billion

NewsDesk
Last updated: October 20, 2026 5:37 am
By
NewsDesk
3 Min Read
Share
UAE Minister Holds Trade Talks in Singapore | AI-Generated Image
SHARE

The Emirates News Agency reported that the discussions in Singapore also included UAE Ambassador Dr. Abdulnasser Jamal Al Shaali and covered ways to expand bilateral trade investment and private sector collaboration. Officials examined opportunities to exchange expertise and convert emerging economic prospects into concrete projects that reinforce sustainable growth. The meeting forms part of ongoing efforts to strengthen commercial links between the two nations.

Al Zeyoudi highlighted the strength of existing relations during the talks. “Our partnership with Singapore continues to grow on solid foundations, particularly in trade and investment,” he said according to the agency. “By strengthening ties between our business communities, empowering our private sectors and facilitating trade and investment flows, we will unlock new opportunities for companies and investors in both countries.” He added that the UAE is committed to deepening cooperation in priority sectors to build diversified and sustainable economic relations.

Bilateral non-oil trade between the UAE and Singapore reached $6.54 billion in 2025, up from $5.2 billion in 2024 for a 25.3 percent annual increase, the Emirates News Agency figures show. The UAE remains Singapore’s largest trading partner in the Middle East. UAE direct investment in Singapore totalled $5.12 billion from 2021 to 2025.

Around 230 Singaporean companies currently operate in the UAE across real estate, hospitality, tourism, energy, telecommunications, transportation and warehousing, a WAM assessment found. Al Zeyoudi held separate meetings with Singaporean investors and business leaders to explore additional partnership areas during his visit. Those sessions focused on identifying new market potential in both countries.

A report published by Economy Middle East noted that the engagement builds on agreements from the 17th Abu Dhabi-Singapore Joint Forum held in September 2026 which included a three-year investment cooperation framework and a letter of intent for an industrial corridor. The framework aims to promote knowledge exchange and joint opportunities between the respective ministries. Such steps align with the broader UAE-Singapore Comprehensive Partnership established in recent years.

Singaporean firms have expanded their footprint in the UAE while Emirati entities draw on Singapore’s strengths in logistics and technology according to data compiled by the Emirates News Agency. The sustained dialogue reflects both sides’ interest in adapting economic ties to evolving global conditions. Trade volumes have grown steadily since the partnership framework took shape.

Foreign Investors Lift UAE Bourses With Higher Trading Volumes in Early 2026
UAE to Resume Funding Southern Yemen Forces as Saudi Provides Air Cover
UAE Minister Abdulla bin Touq Al Marri to Deliver Opening Keynote at FHS World 2026
Aramco Venture Arm Leads Pre-IPO Round in COFE Tech at $178 Million Valuation
Saudi Arabia FDI Inflows Climb 33.5 Percent to SAR159.1 Billion in 2025
Share This Article
Facebook Email Copy Link Print

Popular News

Business

UAE Plans Additional €15 Billion Investment in Greece After Signing Major Deals

NewsDesk
By
NewsDesk
October 23, 2026
Invest Qatar Hosts Beijing Roundtable with Chinese Leaders to Advance Economic Partnership
UAE Ministry of Investment Launches Platform With 143 Opportunities Across Six Sectors
Disabled Syrian Civilian Killed by Israeli Forces in Daraa Province Raid
Israeli Strikes and Gunfire Kill Four Palestinians in Gaza Incidents

More from GCC Scope

Security

Aramco Instructs Staff to Leave Dhahran Headquarters as Houthi Attacks Mount

By
NewsDesk
3 Min Read

Second Abu Dhabi Poetry Festival Opens With Interactive Zones to Engage Youth

By
NewsDesk
Security

Saudi-Led Coalition Destroys Houthi Drone Over Riyadh Region

By
NewsDesk
2 Min Read
Business

Oman and UK Expand Sovereign Investment Ties With AI Data Centre Deal During Sultan State Visit

His Majesty Sultan Haitham bin Tariq emphasised expanding investment opportunities with the UK as the two…

By
NewsDesk
Business

Singapore and UAE Announce Start of Economic Partnership Negotiations

Singapore and the United Arab Emirates announced on October 21, 2026, that they intend to launch…

By
NewsDesk
Business

Oman Seeks British Expertise for Duqm and Capital Markets at London Dialogue

Omani officials highlighted opportunities in the capital market and Special Economic Zone at Duqm during a…

By
NewsDesk
Sport

Lusail International Circuit Advances Preparations for November Double Header of MotoGP and F1 Races

Lusail International Circuit is completing final preparations for a landmark month featuring the MotoGP Qatar Grand…

By
NewsDesk
Politics

Macron Plans Lebanon Army Support Conference After Israeli Elections

French President Emmanuel Macron said on Wednesday that France will organize an international conference to support…

By
NewsDesk

Categories

  • Business
  • Economy
  • Politics
  • Security
  • Sport

Quick Links

  • About
  • Corrections
  • Editorial Policy
  • Contact
GCC Scope
© 2026 GCC Scope. Published by Peninsula News Group LLC. All rights reserved.
  • Privacy Policy
  • Terms of Use
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?