Etihad

Abu Dhabi carrier Etihad confirms first commercial flight to Israel; launches Hebrew website

Etihad will become the first GCC carrier to operate a commercial passenger flight to and from Israel

Dubai

Dubai records Dhs551bn non-oil external trade in H1 2020

China remained Dubai’s largest trading partner with Dhs66.4bn worth of trade

Abu Dhabi Customs

Abu Dhabi Customs introduces incentives for importers

It is aimed at helping small and medium enterprises enhance their competitiveness

Abu Dhabi

Abu Dhabi Investment Office signs bilateral trade agreement with Israel Export Institute

ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi

Dubai-world-trade-centre-DWTC

Dubai World Trade Centre signs agreement with Israel for large-scale conferences and exhibitions

The commercial potential of agreements between the UAE and Israel is estimated at $500m per annum across several key sectors

Dubai

Dubai fines 8 businesses, warns 13 for violating Covid-19 protocols

The inspections teams also found that 656 commercial establishments fully complied with the precautionary measures

Dubai

Dubai launches new business incubator to support British SMEs

The incubator has been launched in cooperation with the British Centres for Business in Dubai

UAE-Bahrain trade returning to pre-Covid levels, H1 figures show

Trade between two countries hits $139.6m in June, highest since pandemic struck

Ras AL Khaimah

Ras Al Khaimah’s manufacturing sector exports grew 58% in 2019

A total of 137 countries imported products from Ras Al Khaimah

MICCO Logistics Abu Dhabi Ports

Abu Dhabi Ports acquire MICCO Logistics to help expand operations

MICCO was the first logistics company to set up in the Khalifa Industrial Zone Abu Dhabi

Dafza Israel

Dubai Airport Free Zone Authority signs agreement with Israeli Chamber of Commerce

DAFZA will provide incentives to Israeli companies wishing to establish their businesses within the emirate

Abu Dhabi Saudi Arabia

Non-oil trade between Abu Dhabi and Saudi Arabia amounted to Dhs493.8bn over last decade

Last year, the emirate’s exports to Saudi Arabia grew 156.7 per cent to Dhs25.76bn from Dhs10.03bn in 2010

Dubai

Non-oil trade between Dubai and Saudi Arabia amounted to Dhs500bn over last decade

In H1 2020 alone, Dubai’s external trade with Saudi reached Dh24bn

DP World, Bank Leumi to explore Israel logistics investments

The UAE last week signed an agreement to move toward establishing normal ties with Israel

Fire breaks out at Al Quoz warehouse in Dubai

Dubai Civil Defence put out the fire with no injuries

DP World RCB

IPL 2020: Dubai’s DP World signs long-term sponsorship agreement with Royal Challengers Bangalore

The IPL 2020 cricket tournament is set to commence in the UAE from September 19

Abu Dhabi Ports

Abu Dhabi Ports announces expansion of Khalifa Port is on track

The expansion will substantially increase handling volumes by providing additional deep-water access and enhanced infrastructure

Israel UAE

Watch: First direct commercial flight from Israel to the UAE lands in Abu Dhabi

A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday

Dubai-Chamber

Dubai Chamber records 26% y-on-y increase in member companies’ exports to China in May

Vegetable oil accounted for the majority of the value of exports with a share of 53 per cent

DP World

Dubai-based DP World acquires feeder operators for greater reach into Indian subcontinent

Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators

jebel-ali-free-zone

Dubai’s foreign trade in medical sterilisers grows 23% to Dhs70m in H1

Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m

Abu Dhabi Ports

Abu Dhabi ports’ non-oil foreign trade valued Dhs66.5bn for first four months of 2020

Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn

DAFZA

Exports from Dubai’s DAFZA up 54% in Q1 2020

China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn

Dubai DMCC Diamond Exchange

Dubai’s DMCC cuts business registration fees for diamond companies by 50%

DMCC also said that newly registered companies will be offered a free 12-month membership of the Dubai Diamond Exchange

DIFC

China strengthens fintech cooperation with Dubai through new agreement with DIFC

Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing

Abu Dhabi

Abu Dhabi records Dhs80.23bn non-oil foreign trade in first five months of 2020

Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade

Half of SMBs in the UAE, 35% in Saudi reduced their workforce due to virus: study

Small businesses turn to digital channels to survive the pandemic

Jebel Ali Free Zone

Dubai’s Jafza records 10.6% y-on-y increase in retail and e-commerce business for 2019

There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector

Dubai Chamber launches online marketplace for PPE products amid scaling demand

Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers 

DP World’s Dubai Trade portal launches e-delivery order to reduce disruptions

The company has already processed more than 17,000 transactions for over 1,400 customers