Close Menu
    What's Hot

    Falcon Luxe Puts the Spotlight on T7-AFZ, Its Global 7500

    October 1, 2026

    European Emergency Communications Market to Benefit from New EU Critical System Plan

    October 1, 2026

    Miami International Holdings Announces Date of Third Quarter 2026 Earnings Release and Conference Call

    October 1, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    UAE Gazette: The UAE’s daily record of change.UAE Gazette: The UAE’s daily record of change.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    UAE Gazette: The UAE’s daily record of change.UAE Gazette: The UAE’s daily record of change.
    Home » UAE and Zambia Strengthen Economic Ties Through Trade, Investment, and CEPA Negotiations
    Business

    UAE and Zambia Strengthen Economic Ties Through Trade, Investment, and CEPA Negotiations

    September 30, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    ABU DHABI, UNITED ARAB EMIRATES / RankWire.AI / – UAE President Sheikh Mohamed bin Zayed Al Nahyan held discussions with Zambian President Hakainde Hichilema in Abu Dhabi on September 29. The agenda included trade, investment, renewable energy, and infrastructure collaboration. The leaders also examined negotiations surrounding a Comprehensive Economic Partnership Agreement between the UAE and Zambia. Hichilema’s visit came weeks after beginning his second term as president. This meeting marked the continuation of a series of high-level exchanges between the two governments during 2026.

    UAE Zambia leaders discuss trade investment and CEPA
    CEPA negotiations remain central to expanding UAE-Zambia economic relations. (Credit – WAM)

    Sheikh Mohamed extended congratulations to Hichilema on his new presidency and discussed the longstanding relationship between their nations. Both heads of state explored opportunities to bolster economic growth and diversification. They also considered strategies to enhance links between government agencies and private sector entities. Diplomatic relations between the UAE and Zambia have spanned over fifty years, with recent discussions increasingly emphasizing investment, mining, energy, infrastructure, and broader commercial cooperation.

    Hichilema’s visit further included participation in the Zambia-UAE Business Forum held in Abu Dhabi. According to Zambia’s State House, attendees signed memoranda of understanding valued at a total of $2.14 billion. These agreements covered multiple sectors, although officials did not release a detailed project-by-project breakdown. Additionally, Hichilema discussed strategies to boost bilateral trade through a comprehensive economic partnership framework. The ongoing UAE-Zambia CEPA negotiations remained unresolved during the presidential meeting, with no official signing date announced.

    CEPA negotiations continue within broader economic cooperation efforts

    Both governments characterized the proposed CEPA as a framework designed to expand economic collaboration across public and private sectors. As of September 30, negotiations had not been finalized, and neither side disclosed detailed tariff schedules or specific provisions. These trade discussions are part of wider talks encompassing renewable energy, infrastructure, mining, and investment. Sheikh Mohamed and Hichilema addressed these sectors during their meeting in Abu Dhabi, following earlier discussions on similar priorities earlier this year.

    In March, UAE Minister of State Sheikh Shakhboot bin Nahyan Al Nahyan met with Hichilema in Lusaka. Their talks covered trade, investment, mining, and renewable energy. Sheikh Shakhboot later returned to Zambia for Hichilema’s September inauguration and delivered greetings from the UAE president. These engagements contributed to ongoing government contact prior to the Abu Dhabi visit. Zambia has also been actively seeking investment partnerships with Gulf nations while pursuing new commercial agreements and infrastructure projects.

    Mining investments deepen UAE-Zambia economic relations

    Mining remains a key component of UAE-related investments in Zambia. In 2024, Abu Dhabi-based International Resources Holding acquired a 51% stake in Mopani Copper Mines, with ZCCM Investments Holdings retaining the remaining 49%. As of July 2025, International Resources Holding reported investing over $1.1 billion in Mopani since acquiring control. Mopani’s operations include mining and processing facilities in Zambia’s Copperbelt, notably at Nkana and Mufulira.

    The September meeting placed a spotlight on the economic partnership between the UAE and Zambia. Sheikh Mohamed and Hichilema discussed trade, infrastructure, renewable energy, and development cooperation alongside ongoing CEPA negotiations. Zambia’s declaration of $2.14 billion in memoranda added a commercial dimension to the visit. As of September 30, the CEPA remained unsigned, with no official timeline for completion, while discussions on investment and business collaboration persisted between both nations.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Falcon Luxe Puts the Spotlight on T7-AFZ, Its Global 7500

    October 1, 2026

    Bahrain to Convene Architects of the Future Economy for Gateway Gulf’s Fourth Edition This November

    October 1, 2026

    India-U.S. Trade Negotiations Resume Amid G20 Discussions in Milwaukee

    September 30, 2026

    International Law Enforcement Collaboration Strengthens Security in the UAE Market

    September 29, 2026
    Latest News

    European Emergency Communications Market to Benefit from New EU Critical System Plan

    October 1, 2026

    China’s Traditional Medicine Sector Embraces Broader Integration of AI Technology

    October 1, 2026

    India expands naval operations to enhance maritime security and regional influence

    October 1, 2026

    Ebola Crisis in DRC Surpasses 3,900 Deaths and 8,000 Cases in Severity

    September 30, 2026

    India-U.S. Trade Negotiations Resume Amid G20 Discussions in Milwaukee

    September 30, 2026

    Pakistan Political Tensions Rise Ahead of Imran Khan Protest March

    September 30, 2026

    UAE and Zambia Strengthen Economic Ties Through Trade, Investment, and CEPA Negotiations

    September 30, 2026

    International Law Enforcement Collaboration Strengthens Security in the UAE Market

    September 29, 2026
    © 2026 UAE Gazette | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.