The Indonesia deal is the UAE’s third major trade pact since it announced the plan to broaden its economic relationships in 2021
Oil is still up around 45 per cent this year as the global economic recovery coincided with upended trade flows
Imports accounted for 89.5 per cent of the total trade exchange
The agreement will enable the availability of credit to the tune of Dhs73.4m to enhance the UAE’s exports to Jordan
UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020
The agreement will support service sectors such as hospitality, financial services, distribution and construction
The Q1 2022 figure of Dhs499.7bn marked a growth of 20.5 per cent over the same period in 2021
Exports recorded a growth of 35 per cent year-on-year and were valued at Dhs24.449bn
The SCCI revealed an estimated 1,996 new companies joined the body, with 15,572 memberships being renewed
The official signing of agreement is expected to follow in the coming weeks
China ranked first as the country’s largest trading partner in 2021
The UAE signed a deal with India recently
Over $22.8bn worth of rough diamonds were traded in the country last year
Total trade between India and the UAE stood at $53bn during April-December 2021-22
Negotiations between the GCC and the UK have begun
AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation
The demand for more seamless and end-to-end logistics services has risen dramatically to deal with market volatility
H1 trade in the freezone grew 34 per cent over the corresponding period last year to reach Dhs77bn
Indian nationals make up one of the largest population groups in the UAE
The UAE’s non-oil exports grew 10.1 per cent year-on-year in 2020 to Dhs254.6bn
The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey
The top four destinations include Singapore, London, Shanghai and Hong Kong
With the new office, Mashreq now operates in 13 countries, including the UAE
ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing
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
The fifth edition of the biennial China-Arab States Expo was held in China’s Ningxia Hui Autonomous Region from August 19-22
Joshua Jahani, owner of Jahani Trading, says that the family owns coffee farms in Marcala, Honduras
DAFZA also posted an 88.4 per cent rise in the number of registered companies in the first half of the year
Trade volumes also grew during the period to reach 48,600, up 47 per cent year-on-year
The UAE is seeking to grow its national exports by 50 per cent over the coming years