#trade

UAE’s AD Ports to develop and operate terminal in Egypt’s Safaga Port

AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation

How the pandemic has reinvented trade

The demand for more seamless and end-to-end logistics services has risen dramatically to deal with market volatility

DAFZA accounted for 11% of Dubai’s non-oil foreign trade in H1 2021

H1 trade in the freezone grew 34 per cent over the corresponding period last year to reach Dhs77bn

UAE, India aim to double trade to $100bn in five years

Indian nationals make up one of the largest population groups in the UAE

UAE non-oil trade

UAE’s non-oil trade recorded at Dhs1.403 trillion in 2020

The UAE’s non-oil exports grew 10.1 per cent year-on-year in 2020 to Dhs254.6bn

UAE to grow trade ties in Asia and Africa

The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey

Dubai trade port

Dubai ranks fifth globally in the International Shipping Centre Development Index

The top four destinations include Singapore, London, Shanghai and Hong Kong

UAE’s Mashreq opens first representative office in Shanghai

With the new office, Mashreq now operates in 13 countries, including the UAE

ADQ announces intent to list Abu Dhabi Ports on ADX

ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing

UAE and Uzbekistan: Heralding a new era

As Uzbekistan hosts its first-ever independent pavilion at Expo 2020 Dubai, the country’s ambassador to the UAE Bakhtiyor Ibragimov reveals why he is confident about stronger ties with the UAE

china-arab states expo

China-Arab States Expo closes with $24bn worth of deals

The fifth edition of the biennial China-Arab States Expo was held in China’s Ningxia Hui Autonomous Region from August 19-22

Honduran coffee

Video: How Honduran coffee makes the journey to the UAE

Joshua Jahani, owner of Jahani Trading, says that the family owns coffee farms in Marcala, Honduras

Dubai’s DAFZA records 8.3% increase in sales revenues for H1 2021

DAFZA also posted an 88.4 per cent rise in the number of registered companies in the first half of the year

Dubai’s pharmaceuticals, medical supplies trade up 31% in Q1

Trade volumes also grew during the period to reach 48,600, up 47 per cent year-on-year

UAE to enter 25 new markets to boost foreign trade – Sheikh Mohammed

The UAE is seeking to grow its national exports by 50 per cent over the coming years

Abu Dhabi

Abu Dhabi’s non-oil foreign trade reached Dhs201.2bn in 2020

Its trade reduced 5.6 per cent compared to Dhs213.3bn recorded in 2019

Dubai external trade

Dubai’s non-oil external trade grows to Dhs354bn in Q1 2021

China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade

joshua jahani

Trends that will govern the regional wealth management space

Joshua Jahani, managing director of investment bank Jahani and Associates (J&A), provides an overview of the current wealth management landscape and evolving trends

Abu Dhabi Ports

Abu Dhabi Ports issues $1bn 10-year bond

The issuance was more than 4.5 times oversubscribed

Dubai Multi Commodities Centre

DMCC to launch cacao centre in Dubai

DMCC will initially incubate a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021

DP World

Dubai’s DP World reports 10% volume growth in Q1 2021

DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year

joshua jahani

Why the GCC is emerging as a hub for global cross-border deals

With the region improving its status as a global trade hub, it is attracting more and more cross-border deals with countries such as the US, according to investment firm J&A

Dubai food trade

Dubai’s external food trade totalled Dhs52bn in 2020

In terms of volume, the overall trade weighed 17 million tonnes

Dubai Chamber

Dubai Chamber members’ exports reach Dhs54.8bn in Q1 2021, up 6% y-on-y

Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021

Dubai foreign trade

Dubai’s non-oil external trade reached Dhs1.182 trillion in 2020

China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020

Dubai’s external trade with South Africa grows 17% to Dhs15.71bn in 2020

Agricultural and food products were the main commodities in Dubai’s trade with South Africa

Trade between UAE, GCC worth Dhs229bn in 2019

Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019

DP World

Dubai’s DP World inks $1.2bn agreement to build port and logistics park in Indonesia’s Gresik

DP World Maspion East Java will become the sole operator of the container port with a design capacity of up to three million twenty-foot equivalent units

Kuwait Dubai Trade

Dubai’s trade with Kuwait reached Dhs8.52bn in H1 2020

Dubai Customs revealed the figures ahead of Kuwait’s 60th National Day which falls on February 25

Aramex

Dubai Economy partners with Aramex to offer customised solutions for startups, freelancers

Aramex will provide DED Trader licence holders with Domestic and International Express delivery solutions, and comprehensive freight services and logistics assistance