The country’s non-oil trade reached Dhs76.6 billion in February this year, according to official statistics.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.
Trade links between the two countries have never been stronger as new figures reveal a growing relationship.
King Abdullah of Saudi Arabia urges Gulf Cooperation Council to become a single entity.
The precious metal rose to $1,676.45 an ounce on Monday, it’s highest in over four months.