Article #240201

South China Morning Post - World News

South China Morning Post - World News

Title UAE ‘surpassing Hong Kong’, challenging Singapore for global trade crown Source South China Morning Post - World News
Description The United Arab Emirates is rapidly eclipsing Hong Kong and emerging as a credible rival to Singapore as Asia’s most dynamic trading hub, thanks to an ambitious post-pandemic campaign of economic diplomacy. Defying global headwinds from war and instability across its own region, the UAE’s non-oil trade almost doubled between 2021 and 2025 to reach 3.8 trillion dirhams (US$1.03 trillion), Prime Minister Mohammed bin Rashid al-Maktoum announced on January 31. That surge – powered by an aggressive...
Link https://www.scmp.com/week-asia/economics/article/3343514/uae-surpassing-hong-kong-challenging-singapore-global-trade-crown?utm_source=rss_feed Published At 2026-02-14 01:00:22 (4 days ago)
Created At 2026-02-14 01:02:16 Updated At 2026-02-14 01:02:16