The first economic relations between the Republic of Serbia and the United Arab Emirates emerged in the second decade of the 21st century. Their continuous economic cooperation dates back to February 17, 2013, when the Interstate Agreement on Cooperation was signed. The importance of this agreement lies in the opportunities it opened for strengthening economic ties and implementing a series of joint economic projects.
The United Arab Emirates represent a major global economic force, marked by rapid development, and their choice of Serbia as a strategic partner supports Serbia’s economic advancement in the region.
The Comprehensive Economic Partnership Agreement between the United Arab Emirates and the Republic of Serbia was signed on October 5, 2024, in Belgrade, and officially entered into force on June 1, 2025.Economic cooperation between Serbia and the UAE is built on a strong foundation that has enabled numerous investments, such as:
Investment by Al Rawafed in Serbian agriculture
Investment by Al Dahra in Rudnap Agrar
Investment by Eagle Hills in the Belgrade Waterfront mega-project
Establishment of Mirabank, the first bank from the UAE in Serbia
Investment by Mulk Holdings UAE in Alubond Europe
Investment by Masdar/ Cibuk 1 and Cibuk 2 windfarms
Investment by Elite Agrar LLC in agriculture (Zobnatica, Yugo Elite Agro, Elite Harvest)
Investment by CIRTA in Airport Catering Belgrade
Investment by Al Dahra in PKB Corporation
Investment by DP World in the Port of Novi Sad
Investment by Metito Utilities in Zrenjanin Water Treatment PPP Project and Zrenjanin waste Water Treatment PPP Project
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