The United Arab Emirates and Costa Rica have signed an agreement that will help improve bilateral trade and investment ties, UAE President Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, Sputnik/Sergei Savostyanov/Pool via Reuters
The United Arab Emirates and Costa Rica have signed an agreement that will help improve bilateral trade and investment ties, UAE President Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
The Middle Eastern and Central American countries had signed a Comprehensive Economic Partnership Agreement (CEPA), the president said in a post on social media platform X.
CEPAs signed by the UAE are broad free trade agreements that typically also include clauses covering investment and services.
Bilateral non-oil trade between the two countries was worth $65 million in 2023, up 7% on the previous year, according to a report carried by UAE's state news agency on the CEPA signing.
The UAE is major international re-export hub that handles goods being sent to and from Asia, Africa, Europe and elsewhere.
Reporting by Jana Choukeir and Alexander Cornwell
A multi-billion dollar deal to build one of the world's largest data centre hubs in the United Arab Emirates with U.S. technology is far from being concluded due to persistent concerns around security, sources familiar with the matter told Reuters.
Egypt’s annual inflation rate surged to 16.5 percent in May, up from 13.5 percent in April, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
On the occasion of Eid al-Adha 2025, Dr. Rafat Husseini, Director of the Jerusalem Branch of the International Organization for Human Rights and the Defense of Freedoms, issued a heartfelt message combining spiritual reflection with a strong call for unity, justice, and social responsibility.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.