#trade

Kuwait Dubai Trade

Dubai’s trade with Kuwait reached Dhs8.52bn in H1 2020

Dubai Customs revealed the figures ahead of Kuwait’s 60th National Day which falls on February 25

Aramex

Dubai Economy partners with Aramex to offer customised solutions for startups, freelancers

Aramex will provide DED Trader licence holders with Domestic and International Express delivery solutions, and comprehensive freight services and logistics assistance

EDGE Group Ukraine

UAE’s EDGE Group signs $1bn defence agreement with Ukrainian state-owned companies

The agreements with UkrOboronProm and Ukrspecexport were signed during a visit of Ukrainian President Volodymyr Zelensky to the UAE

Brexit and the GCC – What lies ahead?

With Brexit having come into full effect on January 1, how will the UK’s ties with the GCC evolve?

DP World reports 7.6% gross volume growth in Q4 2020

Jebel Ali in Dubai handled 3.4 million TEU in Q4 2020, up 0.3 percent year-on-year

Dubai Customs

Dubai trade with Indonesia reaches Dhs5.4bn in 2020

It included Dhs4.42bn of imports, Dhs600m of exports, and Dhs380m of re-exports

Eitan Na’eh, head of mission at the newly established Israeli embassy in Abu Dhabi

Israel wants to build land corridor with UAE for movement of goods

Israel is looking into the potential of trailers and lorries carrying goods from the UAE reaching Israel in three days, and vice versa

flydubai Cargo

UAE’s flydubai Cargo certified to transport dangerous goods

Earlier this year, flydubai Cargo joined the World Logistics Passport, an initiative to increase trading opportunities between developing markets

Jebel Ali Port Dubai

Dubai-Israel: Trade hits Dhs1bn in five months

Trade between Israel and Dubai is estimated to grow to Dhs15bn in the next few years and generate over 15,000 jobs

UAE trade volume up more than 13% in Q4 2020: report

Global trade trend activity rises sharply as recovery builds momentum

Containers in the port, Luanda Province, Luanda, Angola

Dubai’s DP World signs 20-year concession agreement with Angola

DP World will invest $190m over the 20-year period which will increase the terminal’s annual throughput to approximately 700,000 TEUs per year

Emirates Post expands operations into Israel

People in the UAE can now use EPG’s postal and international premium services to send items to Israel

Khalifa Port UAE

UAE’s non-oil trade reaches Dhs1.033 trillion for January-September 2020

China was the UAE’s leading trading partner with a total trade of Dhs124.45bn

Smart Solution Logistics

DP World’s Smart Solution Logistics signs agreement with Israel’s Allalouf Logistics

The logistics sector’s contribution to the UAE’s GDP is projected to increase by 8 per cent in 2021

Truck

Dubai trade with Bahrain increases 170% in 10 years

In the first half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn

British investments in UAE valued at $20.5bn

The UAE is also one of the 27 top investors in the UK

Dubai’s DMCC opens office in Tel Aviv to boost diamond trade with Israel

The new representative office will be based in the headquarters of the Israeli Diamond Exchange

Dubai’s DP World dismisses Djibouti President’s remarks about disputed port as “false”

DP World reiterated that it remains the legal operator and concession holder of the Doraleh Container Terminal

Oil tanker owner says ship attacked in Saudi Arabian Red Sea

The vessel, able to haul about 700,000 barrels of oil, was holed about 1 meter above the waterline

FedEx Express launches new route between UAE and Israel to strengthen ties

The route will support customers, particularly small-to-medium enterprises

poultry_farming_as_one_of_the_activities_of_the_training_center.

UAE bans import of birds, poultry from four countries due to bird flu concerns

The import ban extends to the Netherlands, Germany, several regions in the UK and select areas in Russia

Oman

UAE-Oman bilateral trade reached Dhs48bn in 2019

Oman is the UAE’s second largest trading partner in the Gulf

UAE non-oil trade

UAE non-oil trade reaches Dhs658.3bn in H1 2020

The five biggest trading partners of the UAE were China, Saudi Arabia, India, the US and Switzerland

UAE Israel

UAE delegation led by Obaid Humaid Al Tayer signs landmark agreements with Israel

The UAE, US and Israel also established a $3bn Abraham Fund to help stimulate private sector-led investments across the region

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

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

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