The vessel, able to haul about 700,000 barrels of oil, was holed about 1 meter above the waterline
The route will support customers, particularly small-to-medium enterprises
The import ban extends to the Netherlands, Germany, several regions in the UK and select areas in Russia
Oman is the UAE’s second largest trading partner in the Gulf
The five biggest trading partners of the UAE were China, Saudi Arabia, India, the US and Switzerland
The UAE, US and Israel also established a $3bn Abraham Fund to help stimulate private sector-led investments across the region
China remained Dubai’s largest trading partner with Dhs66.4bn worth of trade
It is aimed at helping small and medium enterprises enhance their competitiveness
ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi
The commercial potential of agreements between the UAE and Israel is estimated at $500m per annum across several key sectors
The inspections teams also found that 656 commercial establishments fully complied with the precautionary measures
Trade between two countries hits $139.6m in June, highest since pandemic struck
A total of 137 countries imported products from Ras Al Khaimah
MICCO was the first logistics company to set up in the Khalifa Industrial Zone Abu Dhabi
DAFZA will provide incentives to Israeli companies wishing to establish their businesses within the emirate
Last year, the emirate’s exports to Saudi Arabia grew 156.7 per cent to Dhs25.76bn from Dhs10.03bn in 2010
In H1 2020 alone, Dubai’s external trade with Saudi reached Dh24bn
The expansion will substantially increase handling volumes by providing additional deep-water access and enhanced infrastructure
A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday
UAE ranks 16th in global rankings for ease of doing business
Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators
Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m
Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn
China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn
DMCC also said that newly registered companies will be offered a free 12-month membership of the Dubai Diamond Exchange
The flights facilitated the movement of essential commodities and other supplies for individual consumers and businesses worldwide
The emirate’s food imports reached Dhs22bn, while exports were recorded at Dhs5.5bn and re-exports amounted to Dhs4.5bn
Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade
There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector
Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers