#export

Dubai Chamber of Commerce

Dubai Chamber of Commerce reports 30,000 new joinees in H1 2023

More than 30,000 new companies joined Dubai Chamber of Commerce during H1 2023 as value of members’ exports exceeds Dhs137bn

India’s rice export ban sparks concern that sugar may be next

Uneven rainfall across the country’s agricultural belts has stoked concern that sugar production will fall short

UAE’s non-oil foreign trade grows 17% in 2022

UAE’s non-oil foreign trade grows 17% in 2022

This is the first time that the country’s non-oil foreign trade has surpassed the Dhs2tn mark

UAE

UAE to more than double LNG export capacity with Fujairah plant

ADNOC has appointed McDermott International as design contractor and intends to award a contract for the construction of the plant in 2023

Oil

Oil holds jump as US fuel stockpiles slide before driving season

Oil is up around 40 per cent this year following a strong economic rebound from the pandemic

Saudi Arabia to start building green hydrogen plant in NEOM

The NEOM project, called Helios, is led by a consortium including Air Products and ACWA Power International

European Commission approves continuous export of UAE camel milk to 27 EU countries in 2021

Currently, the MOCCAE is liaising with Chinese authorities to obtain their approval for exporting UAE camel milk and its products to China

UAE business conditions at two-year high as virus woes ease

A Purchasing Managers’ Index compiled by IHS Markit rose to 54 in July from 52.2 in the previous month

UAE’s Ministry of Economy reduces fees for 94 services

The financial impact on the business sector as a result of fee reduction is estimated at Dhs113m in 2020