#trade

Dubai external trade

Dubai’s non-oil external trade grows to Dhs354bn in Q1 2021

China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade

joshua jahani

Trends that will govern the regional wealth management space

Joshua Jahani, managing director of investment bank Jahani and Associates (J&A), provides an overview of the current wealth management landscape and evolving trends

Abu Dhabi Ports

Abu Dhabi Ports issues $1bn 10-year bond

The issuance was more than 4.5 times oversubscribed

Dubai Multi Commodities Centre

DMCC to launch cacao centre in Dubai

DMCC will initially incubate a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021

DP World

Dubai’s DP World reports 10% volume growth in Q1 2021

DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year

joshua jahani

Why the GCC is emerging as a hub for global cross-border deals

With the region improving its status as a global trade hub, it is attracting more and more cross-border deals with countries such as the US, according to investment firm J&A

Dubai food trade

Dubai’s external food trade totalled Dhs52bn in 2020

In terms of volume, the overall trade weighed 17 million tonnes

Dubai Chamber

Dubai Chamber members’ exports reach Dhs54.8bn in Q1 2021, up 6% y-on-y

Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021

Dubai foreign trade

Dubai’s non-oil external trade reached Dhs1.182 trillion in 2020

China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020

Dubai’s external trade with South Africa grows 17% to Dhs15.71bn in 2020

Agricultural and food products were the main commodities in Dubai’s trade with South Africa

Trade between UAE, GCC worth Dhs229bn in 2019

Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019

DP World

Dubai’s DP World inks $1.2bn agreement to build port and logistics park in Indonesia’s Gresik

DP World Maspion East Java will become the sole operator of the container port with a design capacity of up to three million twenty-foot equivalent units

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