DAFZA will provide incentives to Israeli companies wishing to establish their businesses within the emirate
Last year, the emirate’s exports to Saudi Arabia grew 156.7 per cent to Dhs25.76bn from Dhs10.03bn in 2010
In H1 2020 alone, Dubai’s external trade with Saudi reached Dh24bn
The expansion will substantially increase handling volumes by providing additional deep-water access and enhanced infrastructure
A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday
UAE ranks 16th in global rankings for ease of doing business
Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators
Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m
Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn
China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn
DMCC also said that newly registered companies will be offered a free 12-month membership of the Dubai Diamond Exchange
The flights facilitated the movement of essential commodities and other supplies for individual consumers and businesses worldwide
The emirate’s food imports reached Dhs22bn, while exports were recorded at Dhs5.5bn and re-exports amounted to Dhs4.5bn
Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade
There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector
Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers
The stimulus package aims to support small and medium enterprises and a number of strategic sectors
The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters
UAE-based Finance House offers the Al Rabeh Guarantee service to support local businesses
Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia
The Business Registration & Licencing (BRL) sector also recorded a 62 per cent increase in auto renewal transactions during the first four months of 2020, compared to the same period in 2019
Approximately 98 per cent of companies in Abu Dhabi are SMEs, contributing 29 per cent of the emirate’s GDP and 44 per cent of its non-oil economy
It is using the Emirates passenger fleet to transport cargo in the overhead bins and and on the seats, in addition to the belly of the aircraft
It will feature speed networking sessions, interviews with aviation keynote speakers and pre-recorded on-demand roundtables
Customs transactions in Dubai reach 4 million in Q1 2020, up 60 per cent year-on-year
Nearly 65 per cent of British Business Group members say they need more clarity on the UAE government schemes available to them
For existing licence holders, the new fee will apply at the time of renewals
DAFZA will also cancel fines issued to companies
It has also created Digital Freight Alliance, an online association that brings freight forwarders globally onto one platform
The move will facilitate a continued food supply in the lead to the month of Ramadan