Its trade reduced 5.6 per cent compared to Dhs213.3bn recorded in 2019
China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade
Joshua Jahani, managing director of investment bank Jahani and Associates (J&A), provides an overview of the current wealth management landscape and evolving trends
The issuance was more than 4.5 times oversubscribed
DMCC will initially incubate a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021
DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year
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
In terms of volume, the overall trade weighed 17 million tonnes
Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021
China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020
Agricultural and food products were the main commodities in Dubai’s trade with South Africa
Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019
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
Dubai Customs revealed the figures ahead of Kuwait’s 60th National Day which falls on February 25
Aramex will provide DED Trader licence holders with Domestic and International Express delivery solutions, and comprehensive freight services and logistics assistance
The agreements with UkrOboronProm and Ukrspecexport were signed during a visit of Ukrainian President Volodymyr Zelensky to the UAE
With Brexit having come into full effect on January 1, how will the UK’s ties with the GCC evolve?
Jebel Ali in Dubai handled 3.4 million TEU in Q4 2020, up 0.3 percent year-on-year
It included Dhs4.42bn of imports, Dhs600m of exports, and Dhs380m of re-exports
Israel is looking into the potential of trailers and lorries carrying goods from the UAE reaching Israel in three days, and vice versa
Earlier this year, flydubai Cargo joined the World Logistics Passport, an initiative to increase trading opportunities between developing markets
Trade between Israel and Dubai is estimated to grow to Dhs15bn in the next few years and generate over 15,000 jobs
Global trade trend activity rises sharply as recovery builds momentum
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
People in the UAE can now use EPG’s postal and international premium services to send items to Israel
China was the UAE’s leading trading partner with a total trade of Dhs124.45bn
The logistics sector’s contribution to the UAE’s GDP is projected to increase by 8 per cent in 2021
In the first half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn
The UAE is also one of the 27 top investors in the UK
The new representative office will be based in the headquarters of the Israeli Diamond Exchange