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Khaleej Times
07-07-2025
- Science
- Khaleej Times
'I want to be a UAE minister': Meet 17-year-old honoured by Ajman Ruler
Among the UAE's top academic achievers honoured by Ajman Ruler Sheikh Humaid bin Rashid Al Nuaimi in an annual reception, one student stood out: Sara Ismail Alhosani — the emirate's top-ranked student whose ambitions reach far beyond the classroom. Sara, Ajman's top Elite Track graduate who is 17 years old, dreams to become a UAE minister and believes that with hard work and perseverance, this ambition is not out of reach. On meeting Sheikh Humaid, who is also Supreme Council Member, Sara expressed her joy for the royal recognition. Stay up to date with the latest news. Follow KT on WhatsApp Channels. "When I shook His Highness's (Ajman Ruler) hand, I felt that all the years of effort and dedication were worth it for that very moment," Sara tells Khaleej Times in an interview. "My eyes were filled with pride, and how I wish I could freeze that moment in my memory forever." On receiving the news of her top-notch academic achievement, Sara said: "I took it in and said 'Alhamdullilah' Thank god, as I believe everything that happened was because of God." Her parents' reaction also reflected what her achievement meant for them. "Tears rolled down–pure tears of joy," she recalled. "In that moment, I felt I hadn't just achieved this for myself, but for my family and everyone who supported me along the way." 'Strider' The journey of the Sheikha Bint Saeed Secondary School student to receiving royal recognition highlighted the significance of her accomplishment. Sara is a researcher and the founder of several youth-led platforms. Her main project is 'Strider,' an AI-powered marine conservation project that predicts coral bleaching and marine biodiversity risks. She presented her project during Abu Dhabi Sustainability Week, where it gained the attention of several senior government officials as well as prominent members of the capital's ruling family. Future dream For Sara, however, this recognition alongside her achievements serve a greater goal: becoming a UAE Minister. "This moment strengthened my belief that the dream is possible," she highlighted. 'I hope that one day I can lead the Ministry of Climate Change & Environment or the Ministry of Energy & Infrastructure as they are focused on the projects I am working on'. As she begins her higher education journey, Sara will be enrolling at Khalifa University in Abu Dhabi to major in chemical engineering, with hopes of one day working at Masdar, Adnoc, or Abu Dhabi's Environment Agency. 'Becoming a minister is not a far-fetched dream, in 10-15 years with the right skills, knowledge and experience, I believe it is quite realistic,' Sara said.
Arabian Business
01-06-2025
- Business
- Arabian Business
UAE and Serbia eye $351m trade relations as CEPA deal launches
The UAE and Serbia are looking to enhance economic relations as they eye $350m trade partnership following launch of a Comprehensive Economic Partnership Agreement (CEPA). The CEPA between the UAE and Serbia has officially come into force, marking a significant milestone in the deepening of economic ties between the two nations. The agreement is set to foster enhanced trade and investment flows, paving the way for collaboration across a wide variety of priority sectors. UAE and Serbia CEPA trade deal Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said: 'The activation of the UAE-Serbia CEPA heralds a new chapter in our economic relations, creating new avenues for collaboration, investment and trade that will benefit both our nations. 'Through this agreement we are committed to unlocking significant opportunities that will create jobs, strengthen supply chains, and facilitate a thriving environment for businesses in both countries.' The UAE-Serbia CEPA aims to boost bilateral non-oil trade, which reached approximately $121.4m in 2024, double the level of trade when compared to 2021, with projections indicating a substantial increase in bilateral trade that will contribute $351m to UAE GDP by 2031. This growth is anticipated through the elimination and reduction of custom duties for over 96 per cent of tariff lines, thereby enhancing market access and fostering a more conducive environment for private sector collaboration. Serbia is an important partner for the United Arab Emirates, with its diverse economy and strategic location providing a vital gateway into Eastern Europe and the Balkans. The CEPA is expected to not only enhance trade but also increase private sector collaboration and promote investments in priority sectors such as renewable energy, agriculture, logistics, and technology. The UAE is Serbia's leading trading partner in the GCC, accounting for approximately 55 per cent of its total trade with the region in 2023. The bilateral relationship has been further strengthened by increasing flows of FDI, which has been directed towards high-growth sectors, enhancing shared economic interests. With the CEPA now ratified and officially in force, both nations can leverage the agreement to foster economic growth and create opportunities that will benefit their citizens. The CEPA programme is a cornerstone of the UAE's strategic growth objectives, aiming to increase total non-oil trade to $1.1tn by 2031 and doubling the size of the economy to $800bn by 2031. The UAE-Serbia CEPA is the 10th to come into force, with 27 in total having been concluded so far with countries spanning the Middle East, Africa, Southeast Asia, South America and Europe.
Arabian Business
14-05-2025
- Business
- Arabian Business
UAE and Jordan CEPA deal to boost non-oil trade to over $8bn
The UAE and Jordan will see Comprehensive Economic Partnership Agreement (CEPA) officially come into effect on Thursday, May 15, heralding a new era of economic cooperation. This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and medium-sized enterprises (SMEs). With the CEPA entering into force, the two nations aim to boost bilateral non-oil trade to more than $8bn by 2032. UAE and Jordan trade deal This follows impressive year-on-year growth between 2023 and 2024 of 34.1 per cent, with non-oil trade between the two nations reaching approximately $5.62bn in 2024. This agreement will eliminate or reduce tariffs and remove trade barriers, enhancing market access and strengthening regional and global supply chains. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said: 'This agreement signifies a new era of collaboration, enhancing our economic ties and creating a framework for shared growth and prosperity. Jordan has long been a valued partner for the UAE, and through this CEPA, we are poised to unlock numerous opportunities that will benefit both nations.' Jordan has been a vital partner for the UAE for many years, with bilateral non-oil trade experiencing tremendous growth over the last decade, increasing by 138 per cent. The UAE is Jordan's fifth-largest trading partner globally, while the UAE remains the largest foreign investor in Jordan, with mutual investments estimated at approximately $22.5bn. The CEPA is expected to create significant opportunities across various sectors, including renewable energy, pharmaceuticals, logistics, and tourism. Jordan's highly-skilled workforce and strong industrial base, particularly in the production of phosphates, textiles, and pharmaceuticals, complements the UAE's expertise in energy, infrastructure, and finance, fostering a collaborative environment that enhances the global reach of both nations. The agreement was finalised following three rounds of negotiations, highlighting the shared commitment of both countries to quickly realize the benefits of the new agreement. The CEPA will also support SMEs by reducing trade restrictions and offering platforms for collaboration that will empower the next generation of entrepreneurs and innovators and ensure that the economic benefits are widely shared. The CEPA programme is a vital element of the UAE's economic growth strategy, highlighting its commitment to establishing strong global trade partnerships. The United Arab Emiratesaims to double its economy to $800bn by 2030 and achieve over $1.1tn in total non-oil trade value by 2031. The programme significantly contributed to the UAE's record non-oil trade of $816bn in 2024, reflecting a 14.6 per cent increase from 2023.
Emirates 24/7
14-05-2025
- Business
- Emirates 24/7
UAE-Jordan Comprehensive Economic Partnership Agreement to come into force
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Hashemite Kingdom of Jordan will officially come into effect tomorrow, heralding a new era of economic cooperation. This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and medium-sized enterprises (SMEs). With the CEPA entering into force tomorrow, the two nations aim to boost bilateral non-oil trade to over US$8 billion by 2032. This follows impressive year-on-year growth between 2023 and 2024 of 34.1 percent, with non-oil trade between the two nations reaching approximately US$5.62 billion in 2024. This agreement will eliminate or reduce tariffs and remove trade barriers, enhancing market access and strengthening regional and global supply chains. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, stated, 'This agreement signifies a new era of collaboration, enhancing our economic ties and creating a framework for shared growth and prosperity. Jordan has long been a valued partner for the UAE, and through this CEPA, we are poised to unlock numerous opportunities that will benefit both nations.' Jordan has been a vital partner for the UAE for many years, with bilateral non-oil trade experiencing tremendous growth over the last decade, increasing by 138 percent. The UAE is Jordan's fifth-largest trading partner globally, while the UAE remains the largest foreign investor in Jordan, with mutual investments estimated at approximately US$22.5 billion. The CEPA is expected to create significant opportunities across various sectors, including renewable energy, pharmaceuticals, logistics, and tourism. Jordan's highly-skilled workforce and strong industrial base, particularly in the production of phosphates, textiles, and pharmaceuticals, complements the UAE's expertise in energy, infrastructure, and finance, fostering a collaborative environment that enhances the global reach of both nations. The agreement was finalized following three rounds of negotiations, highlighting the shared commitment of both countries to quickly realize the benefits of the new agreement. The CEPA will also support SMEs by reducing trade restrictions and offering platforms for collaboration that will empower the next generation of entrepreneurs and innovators and ensure that the economic benefits are widely shared. The CEPA programme is a vital element of the UAE's economic growth strategy, highlighting its commitment to establishing strong global trade partnerships. The UAE aims to double its economy to US$800 billion by 2030 and achieve over US$1.1 trillion in total non-oil trade value by 2031. The programme significantly contributed to the UAE's record non-oil trade of US$816 billion in 2024, reflecting a 14.6 percent increase from 2023. With 27 concluded agreements, the CEPA programme expands access for UAE businesses to over a quarter of the world's population. Follow Emirates 24|7 on Google News.
