#trade

Germany

UAE, Germany non-oil trade totals Dhs478bn in 10 years

Imports accounted for 89.5 per cent of the total trade exchange

Abu Dhabi Exports Office Capital Bank of Jordan

Abu Dhabi Exports Office, Capital Bank of Jordan financial deal to boost trade

The agreement will enable the availability of credit to the tune of Dhs73.4m to enhance the UAE’s exports to Jordan

UAE’s trade surplus with GCC countries equals Dhs134.7bn in 2021

UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020

Agreement

UAE, Israel sign comprehensive economic partnership agreement

The agreement will support service sectors such as hospitality, financial services, distribution and construction

non-oil foreign trade

UAE reports nearly Dhs500bn in non-oil foreign trade for Q1 2022

The Q1 2022 figure of Dhs499.7bn marked a growth of 20.5 per cent over the same period in 2021

Abu Dhabi non-oil trade

Abu Dhabi’s non-oil foreign trade reached Dhs61.5bn in Q1 2022

Exports recorded a growth of 35 per cent year-on-year and were valued at Dhs24.449bn

Sharjah city skyline

Sharjah Chamber of Commerce and Industry reports rise in new companies in Q1 2022

The SCCI revealed an estimated 1,996 new companies joined the body, with 15,572 memberships being renewed

UAE Israel

The UAE reaches trade agreement with Israel

The official signing of agreement is expected to follow in the coming weeks

UAE’s non-oil foreign trade rises 27% in 2021

China ranked first as the country’s largest trading partner in 2021

UAE eyes more trade pacts to secure billions in investments

The UAE signed a deal with India recently

Diamonds

UAE becomes world’s largest rough diamond trading hub

Over $22.8bn worth of rough diamonds were traded in the country last year

India and UAE complete talks on bilateral pact to boost trade

Total trade between India and the UAE stood at $53bn during April-December 2021-22

UK inflation at new 40-year high worsens living standards crisis

UK, GCC may sign post-Brexit trade deal this year, Bahrain says

Negotiations between the GCC and the UK have begun

UAE’s AD Ports to develop and operate terminal in Egypt’s Safaga Port

AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation

How the pandemic has reinvented trade

The demand for more seamless and end-to-end logistics services has risen dramatically to deal with market volatility

DAFZA accounted for 11% of Dubai’s non-oil foreign trade in H1 2021

H1 trade in the freezone grew 34 per cent over the corresponding period last year to reach Dhs77bn

UAE, India aim to double trade to $100bn in five years

Indian nationals make up one of the largest population groups in the UAE

UAE non-oil trade

UAE’s non-oil trade recorded at Dhs1.403 trillion in 2020

The UAE’s non-oil exports grew 10.1 per cent year-on-year in 2020 to Dhs254.6bn

UAE to grow trade ties in Asia and Africa

The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey

Dubai trade port

Dubai ranks fifth globally in the International Shipping Centre Development Index

The top four destinations include Singapore, London, Shanghai and Hong Kong

UAE’s Mashreq opens first representative office in Shanghai

With the new office, Mashreq now operates in 13 countries, including the UAE

ADQ announces intent to list Abu Dhabi Ports on ADX

ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing

UAE and Uzbekistan: Heralding a new era

As Uzbekistan hosts its first-ever independent pavilion at Expo 2020 Dubai, the country’s ambassador to the UAE Bakhtiyor Ibragimov reveals why he is confident about stronger ties with the UAE

china-arab states expo

China-Arab States Expo closes with $24bn worth of deals

The fifth edition of the biennial China-Arab States Expo was held in China’s Ningxia Hui Autonomous Region from August 19-22

Honduran coffee

Video: How Honduran coffee makes the journey to the UAE

Joshua Jahani, owner of Jahani Trading, says that the family owns coffee farms in Marcala, Honduras

Dubai’s DAFZA records 8.3% increase in sales revenues for H1 2021

DAFZA also posted an 88.4 per cent rise in the number of registered companies in the first half of the year

Dubai’s pharmaceuticals, medical supplies trade up 31% in Q1

Trade volumes also grew during the period to reach 48,600, up 47 per cent year-on-year

UAE to enter 25 new markets to boost foreign trade – Sheikh Mohammed

The UAE is seeking to grow its national exports by 50 per cent over the coming years

Abu Dhabi

Abu Dhabi’s non-oil foreign trade reached Dhs201.2bn in 2020

Its trade reduced 5.6 per cent compared to Dhs213.3bn recorded in 2019

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