UAE firms expect AED100 million worth of exports to Saudi Arabia
UAE firms have closed over AED100 million worth of export opportunities to Saudi Arabia in 2011, as a result of their successful participation in...
Dubai Wholesale City to become the largest trade hub worldwide
The largest global wholesale hub launched today in the UAE, Dubai Wholesale City, is set to span over 550 million sq. feet, with an...
UAE best positioned to enjoy potential upside in Iranian trade volumes
Iran has been subject to sanctions since the Islamic Revolution in 1979 and its 36-year isolation may be soon coming to an end. Therefore,...
Dubai’s non-oil foreign trade hits Dhs1.283 trillion in 2015
Dubai’s and the UAE’s economic diversification strategies are achieving their objectives, which reflect the country’s economic resilience and its ability to adapt to fluctuations...
RAK FTZ launches new Business Centre Facility at Business Park
Ras Al Khaimah Free Trade Zone (RAK FTZ), one of the fastest growing free trade zones in the region, has recently launched a brand...
Economic challenges faced by UAE exporters
Dubai Exports, an agency of the Department of Economic Development – Government of Dubai, hosted the first of a series of meetings of the...
Dubai Export Development Corporation and Jebel Ali Free Zone Authority sign...
Dubai Export Development Corporation (EDC) and the Jebel Ali Free Zone Authority (Jafza) member of Economic Zones World, have signed a Memorandum of...
UAE’s foreign trade crosses AED 310bn in H1
UAE's foreign trade exceeded AED 310bn in the first half of the current year, reported the official news agency WAM.
The imports during this period...
Hamriyah Free Zone attracts 4800 companies from 150 countries
Director General of the Department of Ports and Customs and the Hamriyah Free Zone Authority Rashid Alleem announced today that the number of...
Dubai to implement duty on jewelry from 1st Jan 2017
Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...
New Traders Market To Open in Jebel Ali Free Zone Area
Global trade enabler DP World and the Zhejiang China Commodities City Group have signed an agreement to build a new ‘Traders Market’ at DP...
Chile takes the trade route to bolster presence in the UAE
‘Chilean Week’ will set the stage for closer bilateral engagement and opening of Chilean embassy
Chile, ranked among the most dynamic and sustainable economies in...
Dubai Economy: Adequate Stock Of Foods Available To Meet Long-term Needs
Half-a-billion worth of stock at Union Coop warehouses and storage spread over 424,000 sq. ft
Union Coop already registered contracts worth AED 400 million...
Expo 2020 Dubai launches new procurement portal
Expo 2020 Dubai has announced the launch of the Expo 2020 eSourcing portal, an online procurement system that will link all Expo related procurement...
Damas Chairman highlights company’s positive outlook at second Annual General Meeting
Following the conclusion of its second Annual General Meeting (AGM), which was held today in Dubai, Damas International Limited (Damas), the leading jewellery retailer...
GCC suspends EU free-trade talks
The six-nation Gulf Cooperation Council has suspended talks with the European Union over a free-trade agreement, the GCC's secretary general said on Tuesday.
"We have...
Abu Dhabi Customs cooperates with US Department of Homeland Security, Immigration...
Organises workshop on Cross-Border Cash Disclosure
Under the patronage of HH Sheikh Mohammed Bin Khalifa Al-Nahyan, Chairman of the Department of Finance, Abu...
China can play key role in boosting global gold trade say...
1. China’s growing reserves provide major boost to gold centres
2. China well-positioned to boost trade flows as world’s largest gold producer
The growing significance of...