BI Group UAE has signed a memorandum of understanding with CITIC Middle East Contracting, a UAE subsidiary of China's CITIC Construction Co. The agreement outlines CITIC's proposed role as main contractor for three real estate projects in Dubai's Meydan Horizon. CITIC will participate in early-stage design, planning, value engineering, and site coordination.
The Economic Partnership Agreement between the UAE and the Eurasian Economic Union entered into force on 6 October 2026. The pact grants preferential tariff access across over 86 percent of tariff lines and targets nearly $50 billion in annual trade by 2032.
The Economic Partnership Agreement between the UAE and the Eurasian Economic Union officially took effect on 6 October 2026. The pact eliminates or lowers tariffs on over 86 percent of tariff lines, covering about 96 percent of traded goods value. Non-oil bilateral trade reached $33.6 billion in 2025 and is projected to reach nearly $50 billion by 2032.
The UAE, Kazakhstan, and Uzbekistan have signed a trilateral memorandum of understanding to cooperate on the Central Asia–South Asia railway project. Signed in Astana during an official visit led by UAE Energy and Infrastructure Minister Suhail bin Mohammed Al Mazrouei, the agreement initiates technical and economic feasibility assessments. The three countries also plan to discuss establishing a joint working group to coordinate technical, financial, and implementation mechanisms for the cross-border route.
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