In 2023, inflation is projected to decelerate to 3.2 per cent, on the back of softer price increases in all categories
The UAE-Israel Comprehensive Economic Partnership Agreement was signed in May last year
The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button
The UAE now accounts for more than 63 per cent of the total volume of Georgia’s trade with Arab countries
The two countries agreed to enhance joint efforts to implement the MoU that was signed recently
Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022
The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform
In 2021, non-oil trade between the two countries totalled almost $60bn, resulting in a 27 per cent growth on the previous year
According to DMCC’s figures, trade for rough and polished diamonds touched $37.4bn in 2022
The office will promote trade from Hong Kong to Dubai and attract more businesses to the emirate
This is the first time that the country’s non-oil foreign trade has surpassed the Dhs2tn mark
The UAE offers a variety of business opportunities, both on and offline, for entrepreneurs looking to start new ventures in 2023
The two sides reviewed several regional and global issues of mutual concern and exchanged views
The summit showcased UAE-India economic ties and examined business opportunities in manufacturing and startups, agritech and food processing, healthcare, fintech and investment
Dubai Customs has been active in recycling counterfeit goods with more than 93 recycling operations that targetted 173,000 counterfeit items last year
The new initiative aims to digitalise international supply chains to enable faster and cost-efficient trade
The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners
This marks a year-on-year increase of 23 per cent, breaking the previous record set in 2021 when DMCC registered 2,485 new members
The first set of projects includes the Dubai Unified License that will provide a unique commercial identity for all companies across economic zones
The emirate hosted 10.12 million international visitors from January through September 2022, compared to 3.85 million welcomed during the same period last year
The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa
In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year
The UAE is one of Poland’s largest trading partners in the region, with non-oil trade reaching $1.3bn in the first 9 months of 2022
The agreements will support the efforts and objectives of the Ministry of Investment to attract investments, enable sectors to grow and facilitate access to investment opportunities
Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn
Non-oil exports accounted for 33 per cent of the total non-oil trade during the past ten years
Saudi Arabia was the UAE’s fourth leading trading partner from 2012 to 2021, with trade exchange amounting to Dhs904.3bn
General cargo volumes were up 8.93 per cent to reach 5,722,622 tonnes, with dry bulk cargo hitting 32,723,465 tonnes, reflecting a 7.16 per cent increase
The launch of KEZAD Group opens new opportunities to scale up adjacent businesses such as KEZAD Communities, which provides integrated solutions for staff residential communities
Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals