The new initiative aims to digitalise international supply chains to enable faster and cost-efficient trade
The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners
This marks a year-on-year increase of 23 per cent, breaking the previous record set in 2021 when DMCC registered 2,485 new members
The first set of projects includes the Dubai Unified License that will provide a unique commercial identity for all companies across economic zones
The emirate hosted 10.12 million international visitors from January through September 2022, compared to 3.85 million welcomed during the same period last year
The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa
In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year
The UAE is one of Poland’s largest trading partners in the region, with non-oil trade reaching $1.3bn in the first 9 months of 2022
The agreements will support the efforts and objectives of the Ministry of Investment to attract investments, enable sectors to grow and facilitate access to investment opportunities
Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn
Non-oil exports accounted for 33 per cent of the total non-oil trade during the past ten years
Saudi Arabia was the UAE’s fourth leading trading partner from 2012 to 2021, with trade exchange amounting to Dhs904.3bn
General cargo volumes were up 8.93 per cent to reach 5,722,622 tonnes, with dry bulk cargo hitting 32,723,465 tonnes, reflecting a 7.16 per cent increase
The launch of KEZAD Group opens new opportunities to scale up adjacent businesses such as KEZAD Communities, which provides integrated solutions for staff residential communities
Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals
The Indonesia deal is the UAE’s third major trade pact since it announced the plan to broaden its economic relationships in 2021
Oil is still up around 45 per cent this year as the global economic recovery coincided with upended trade flows
Imports accounted for 89.5 per cent of the total trade exchange
The agreement will enable the availability of credit to the tune of Dhs73.4m to enhance the UAE’s exports to Jordan
UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020
The agreement will support service sectors such as hospitality, financial services, distribution and construction
The Q1 2022 figure of Dhs499.7bn marked a growth of 20.5 per cent over the same period in 2021
Exports recorded a growth of 35 per cent year-on-year and were valued at Dhs24.449bn
The SCCI revealed an estimated 1,996 new companies joined the body, with 15,572 memberships being renewed
The official signing of agreement is expected to follow in the coming weeks
China ranked first as the country’s largest trading partner in 2021
The UAE signed a deal with India recently
Over $22.8bn worth of rough diamonds were traded in the country last year
Total trade between India and the UAE stood at $53bn during April-December 2021-22
Negotiations between the GCC and the UK have begun