Fire breaks out at Al Quoz warehouse in Dubai

Dubai Civil Defence put out the fire with no injuries

DP World RCB

IPL 2020: Dubai’s DP World signs long-term sponsorship agreement with Royal Challengers Bangalore

The IPL 2020 cricket tournament is set to commence in the UAE from September 19

Abu Dhabi Ports

Abu Dhabi Ports announces expansion of Khalifa Port is on track

The expansion will substantially increase handling volumes by providing additional deep-water access and enhanced infrastructure

Israel UAE

Watch: First direct commercial flight from Israel to the UAE lands in Abu Dhabi

A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday

Dubai-Chamber

Dubai Chamber records 26% y-on-y increase in member companies’ exports to China in May

Vegetable oil accounted for the majority of the value of exports with a share of 53 per cent

DP World

Dubai-based DP World acquires feeder operators for greater reach into Indian subcontinent

Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators

jebel-ali-free-zone

Dubai’s foreign trade in medical sterilisers grows 23% to Dhs70m in H1

Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m

Abu Dhabi

Abu Dhabi ports’ non-oil foreign trade valued Dhs66.5bn for first four months of 2020

Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn

DAFZA

Exports from Dubai’s DAFZA up 54% in Q1 2020

China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn

Dubai DMCC Diamond Exchange

Dubai’s DMCC cuts business registration fees for diamond companies by 50%

DMCC also said that newly registered companies will be offered a free 12-month membership of the Dubai Diamond Exchange

DIFC

China strengthens fintech cooperation with Dubai through new agreement with DIFC

Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing

Abu Dhabi

Abu Dhabi records Dhs80.23bn non-oil foreign trade in first five months of 2020

Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade

Half of SMBs in the UAE, 35% in Saudi reduced their workforce due to virus: study

Small businesses turn to digital channels to survive the pandemic

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Dubai’s Jafza records 10.6% y-on-y increase in retail and e-commerce business for 2019

There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector

Dubai Chamber launches online marketplace for PPE products amid scaling demand

Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers 

DP World’s Dubai Trade portal launches e-delivery order to reduce disruptions

The company has already processed more than 17,000 transactions for over 1,400 customers

Dubai launches marine agency to regulate, promote dhow sector

The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters

China Innoway to set up regional office in Dubai's DMCC free zone

China’s Innoway to set up an office in DMCC to spur Dubai’s tech startup ecosystem

Innoway, dubbed China’s Silicon Valley, has incubated over 3,400 startups and raised approximately Dhs4.7bn

UAE food products trade amounted to Dhs31.7bn in Q1 2020

The value of the country’s food imports in the first quarter of this year amounted to Dhs17.98bn

Non-oil trade between UAE, Australia up 17.4% y-on-y in 2019

Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia

Abu dhabi uae capital flag

UAE’s non-oil trade totals Dhs1.603 trillion in 2019

The UAE’s non-oil trade in 2019 grew 4.4 per cent from Dhs1.536 trillion in 2018

Covid-19 impact on GCC trade: How are the regional supply chains faring?

As a key international trading partner, how is the region protecting its supply chain during the current crisis?

jafza jebel ali free zone

JAFZA conducts massive disinfection across all facilities

The move is in line with Dubai government’s directive for private sector businesses to operate at full capacity

cardboard waste

Abu Dhabi temporarily bans exports of iron scrap, waste paper and cardboards

The decision is applicable for a period of four months starting May 15, 2020

Abu Dhabi Ports launches new feeder service to boost trade

SAFEEN FEEDERS will introduce a feeder service linking Abu Dhabi to ports serving the UAE, the wider Gulf region and the Indian subcontinent

KIZAD Truck Plaza

Kizad to build largest truck plaza in the Middle East

The plaza, which will offer refueling and recreational facilities, will cover an area of more than 87,000 square metres

UAE’s DP World partners with TradeLens to digitise supply chains

DP World aims to connect all of its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens

Facebook Shops

Facebook, Instagram unveil ‘Shops’ platform to facilitate e-commerce

The new product will be introduced this summer in the US, and will be subsequently rolled out in other markets worldwide

Saudi Arabia boosts food spending at home and abroad to secure supply

Following the Covid-19 outbreak, the kingdom introduced two initiatives worth $665m to support farmers and facilitate food imports

Abu Dhabi Airports handled over 1,800 weekly cargo flights in March

The airport processed 7,315 cargo flights in March