Export Development Canada changed its position from “closed” to “open on a restricted basis”
The initiative aims to attract Indian trade and investment to its flagship Jebel Ali Port and Jebel Ali Free Zone
The Chinese manufacturing company is working with Kizad to develop industries over 15 years in a three-phase plan
Jafza said the move supports the UAE’s designation of 2019 as the ‘Year of Tolerance’
The marine terminal has 1,200 metres of berth and 189 acres of yard
It will also be illegal to sell any unmarked cigarette packs in local markets as of August 1
The UAE leader is in Beijing to participate in the Belt and Road conference
The Dubai-based company handled 3.5 million TEU in the UAE, down 8.8 per cent year-on-year
The company’s full-year revenue was $5.65bn versus $4.72bn a year ago
The accounts, closed in 2018, had a combined 77.9 million followers
Last year the Competition Commission of India said it suspected antitrust violations by DP World and Denmark’s A.P. Moller-Maersk at terminals they operate
The value of Saudi non-oil exports rose 11.8 per cent in December
A news report had claimed that the UAE had eased a ban on shipping to and from Qatar
The centre can handle up to 20,000 tonnes annually of coffee, equivalent to $100m
Sultan bin Saeed al-Mansouri also said it was important for UAE not to take sides in China-US trade tensions
The US-China trade dispute has created uncertainty in the market
An international push saw nearly 14,500 new companies join the chamber in 2018
One of BRF’s plants lost its certification to export to the kingdom
The deal values DP World Australia at an enterprise value of approximately $997m
Under new rules, ships will have to reduce the sulphur content in their fuel to less than 0.5 per cent, compared with 3.5 per cent now
The Dubai port operator said it would offer $502m for 100 per cent equity ownership
The two companies formed the venture in late 2016
The technology will be applied at DP World’s Jebel Ali Terminal 4 in time for Dubai’s hosting of the 2020 World Expo
The company said it is targeting businesses, entrepreneurs and consumers
The UAE’s trade with Iran is expected to decline this year and next year due to the sanctions
The free trade warehousing zone is expected to be operational by 2020
The zones will offer businesses a series of incentives including tax exemptions
The company also increased UAE prices by the same percentage in 2017 and 2018
Samir Chaturvedi is a former SVP at Jebel Ali Free Zone
Gulftainer plans to invest up to $600m in the port