#Foreign Trade
While global trade grew by only 2 per cent in 2024, the UAE’s foreign trade expanded at a remarkable 14.6 per cent, outpacing the global average by seven times
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s CEPAs programme is designed to expand the country’s commercial and investment partnerships worldwide
The trade pact follows a significant increase in bilateral non-oil trade between the two countries, which reached a record $53.1m in 2023
The British trade secretary’s visit to the UAE focused on growing bilateral economic relations and creating momentum for a UK-GCC trade deal
Non-oil foreign trade crossed Dhs583bn during the third quarter of the year
The campaign would encourage more than 300 global technology firms to relocate to the UAE
Its trade reduced 5.6 per cent compared to Dhs213.3bn recorded in 2019
China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020
ADFD to allocate Dhs735m to Abu Dhabi Exports Office to support UAE export economy
Three new chambers of commerce will be created and the five-year plan seeks to increase Dubai’s foreign trade from Dhs1.4 trillion to Dhs2 trillion
Bahrain exports surge 12 per cent in Q4 of 2020 buoyed by manufacturing sector
Trade between the two countries hit $2.17bn in Q3 2020
Customs transactions in Dubai reach 4 million in Q1 2020, up 60 per cent year-on-year