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THE ECONOMY - TRADE

Irish envoy hails UAE, Irish trade, sustainable energy ties

Posted on 07/03/2014

Recent and upcoming visits of high-level delegations between the UAE and Ireland strongly illustrate the historic links between the two countries, as well as the increasing volume of two-way trade and the willingness to strengthen relations further, according to Patrick Hennessy, Irish Ambassador to the UAE. Reflecting the continued interest in trade, Ireland's Minister for the Environment, Community and Local Government, Phil Hogan T.D., is also scheduled to visit the UAE in March, while the ...  >>MORE

US-UAE trade grows 8.5% to record Dh98.7bn in 2013

Posted on 08/02/2014

UAE remained top export destination of the US in Mena region for the 5th consecutive year in 2013 while the total bilateral trade rose by 8.5 per cent last year. According to the US Census Bureau's Foreign Trade Division figures released on Thursday, US-UAE trade reached record US$26.9 billion (Dh98.7 billion) in 2013 from US$24.8 billion in the previous year. US exports to UAE jumped 9.1 per cent to hit record US$24.61 billion (Dh90.3 billion) while UAE exports to US remained stagnant at ...  >>MORE

UAE-Japan trade hits Dh188.7 billion mark

Posted on 06/02/2014

The total value of trade between the UAE and Japan stood at around Dh188.7 billion (US$51.41 billion) last year compared to Dh194.91 billion (US$53.11 billion) in 2012. The UAE maintained its position as the second major trade partner with Japan in the region, after Saudi Arabia, with a share of 27.5 per cent of Japan's total trade with the Middle East last year. According to statements by Japan External Trade Organisation (JETRO), the UAE exports to Japan rose by 20 per cent to Dh194 ...  >>MORE

UAE’s non-oil sector activity jumps sharply

Posted on 05/02/2014

Survey respondents commented on increased marketing efforts and improving economic conditions in the country. Employment levels rose to a lesser extent in January than at the end of 2013 as non-oil producing private sector companies in the UAE reported a sharp but weaker rise in activity, according to the latest HSBC Purchasing Manager's Index report. Order intakes increased at a quick pace with around 43 per cent of companies reporting growth, the PMI, which tracks the economic health of the ...  >>MORE

Al Mansouri meets with Indian Minister of Commerce '&' Industry

Posted on 29/01/2014

Bangalore, India: Sultan bin Saeed Al Mansouri, Minister of Economy, met with the Indian Minister of Commerce '&' Industry, Anand Sharma, on the sidelines of the Partnership Summit in Bangalore, which is being currently hosted by the Indian city of Bangalore and runs to next Wednesday. Al Mansouri commended the warm welcome that the UAE delegation has received during its visit to India and wished success to the conference in achieving its objectives. The two sides discussed ways to develop ...  >>MORE

Al Mansouri eyes more trade partnerships

Posted on 26/01/2014

Sultan Bin Saeed Al Mansouri, Minister of Economy will lead the UAE delegation participating in the Partnership Summit 2014 scheduled to be held in Bangalore, India from Jan.27 -29. The UAE delegation includes representatives of the Ministry of Economy, Dubai Export Development Corporation, Dubai Foreign Investment Office, Dubai Aluminium (DUBAL), Sharjah Investment and Development Authority (Shurooq), and other companies. Al Mansouri speaking on the importance of participation in the summit, ...  >>MORE

Members' exports and re-exports reach Dh290 billion, 8% increase on 2012

Posted on 22/01/2014

Dubai Chamber of Commerce and Industry attracted over 13,000 new members last year - the highest number of new start-ups in five years - taking its total membership to 153,000 companies, according to its annual report figures released yesterday. As Dubai's business community continues to grow, Dubai Chamber also saw its members' exports and re-exports increase last year to reach Dh 290 billion, an 8% increase on 2012 when exports and re-exports valued Dh 268 billion. The annual figures showed ...  >>MORE

British Minister highlights keenness of UK to attract UAE investment

Posted on 21/01/2014

Vince Cable, British Secretary of State for Business, Innovation and Skills, has highlighted the keenness of UK Trade '&' Investment (UKTI), to strengthen bilateral trade relations with the UAE, especially in the goods and services sectors, to reach up to GBP12 billion by 2015, noting that the volume of trade and investment between the two countries in 2012 amounted to GBP10 billion. The visiting British Minister said that his two-day visit aims to strengthen trade relations between the two ...  >>MORE

UAE's non-oil trade volume stood at Dh1.5 trillion in 2012

Posted on 19/01/2014

The UAE non-oil foreign trade stood at Dh1.5 trillion in 2012, up by 16 per cent compared to 2011, ranking the UAE 19th in contribution to the volume of world trade. The UAE also maintained its fourth position in re-exportation and fifth in the world on the cross-border trade. It ranked was the first exporter for investments in the Middle East and North Africa (MENA). Regarding the Emirate of Abu Dhabi, the volume of foreign trade stood in the end of 2013 at over Dh128.88 billion, of which ...  >>MORE

Abu Dhabi's foreign trade in 2012 exceeded Dh 600 billion

Posted on 14/01/2014

Abu Dhabi's foreign trade constituted 65.9% of the Emirate's GDP in 2012, which demonstrates importance of trade in the Emirate's economy. The value of Abu Dhabi's foreign trade in 2012 exceeded Dh 600 billion, as it grew by 6.9% compared to 2011. Chapter 3 of the Economic Report of the Emirate of Abu Dhabi for the year 2013, which was issued by the Studies Directorate of the Abu Dhabi Department of Economic Development, stated that Abu Dhabi commodity exports amounted to more than Dh 481 ...  >>MORE

UAE pearl trade grows by 15%

Posted on 29/12/2013

While the pearl trade across the UAE has grown at an average of 15 per cent in the last four years, pearl business should receive better support from government, Mohammad Al Suwaidi, Operations Manager of RAK Pearls, told Gulf News. "The opportunities for UAE pearl businesses in the international pearl market is quite high and will explore potential opportunities across the pearl industry value chain,” he said. However, he said that to encourage the growth of this industry, there should be ...  >>MORE

UAE, Russia trade tops US$1.5 billion mark

Posted on 28/12/2013

In 2012 trade turnover between UAE and Russia reached US$1.5 billion. In the first six months of 2013 trade increased by 7.5 per cent and topped almost US$900 million. Last year the UAE invested US$82 million in the Russian economy, while Russia invested US$57 million. All in all, UAE has invested around US$2.2 billion in Russia. The United Arab Emirates is a serious and promising partner for Russia in the Gulf region, with the two having outstanding ties of friendship and common interests. ...  >>MORE

Dubai’s non-oil foreign trade at Dhs1.009tr

Posted on 28/12/2013

Dubai's non-oil foreign trade managed to cross the Dhs1 trillion threshold within nine months in 2013, to reach a volume of Dhs1.009 trillion by the end of Q3, compared to Dhs918 billion for the same period in 2012. Dubai Customs statistics show that Dubai's non-oil foreign trade growth was the result of the increase in imports till Q3 of 2013, reaching Dhs610 billion, as compared to Dhs546 billion in the same period last year. In addition, exports and re-exports rose to Dhs399 billion, ...  >>MORE

UK Government increases support for UAE investors

Posted on 23/12/2013

UK Trade and Investment (UKTI) has widened its remit to include support for commercial investors from the UAE, traditionally focusing on supporting British companies entering the UAE marketplace. This new initiative also enables UKTI to showcase the best the U.K. has to offer in terms of investment opportunities. In order to benefit from existing market expertise in the UAE investor market, UKTI has brought PwC on board as investment delivery partners across the Gulf. PwC will provide ...  >>MORE

Trade per capita in UAE hits US$61,905

Posted on 18/12/2013

The trade per capita in the UAE for 2010-2012 was US$61,905, compared to US$24,209 in the UK, while the Trade to GDP ratio (2009-2011) in the UAE reached 152.6, compared to 63.9 for the UK (2010-2012). Published by World Trade Organisation (WTO) in its latest report "Trade Profiles” that combines information on trade flows and trade policy measures of world economies, these figures were released on the second day of the 28th International Autumn Trade Fair (IATF2013), the region's pioneer ...  >>MORE

Eyeing big investments in infrastructure India, UAE ink BIPPA

Posted on 13/12/2013

Eyeing big investments in various areas including infrastructure, India tomorrow inked Bilateral Investment Promotion and Protection Agreement (BIPPA) with the UAE. The pact was signed following a meeting between the visiting Foreign Minister of UAE HH Sheikh Abdullah bin Zayed Al Nahyan and External Affairs Minister Salman Khurshid. The BIPPA was signed by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, from UAE side and Namo Narain Meena, Minister of State for Finance, from ...  >>MORE

UAE- Polish Business Gathering reviews joint investment activities

Posted on 13/12/2013

President of Poland Bronislaw Komorowski has said the UAE is a strategic trade partner to his country in the Middle East, and has a potential to become the most important Non- European trade partner to Poland in the world. He stressed the interest of his country to strengthen the bilateral relations with the UAE. President Komorowski lauded the achievements attained by the UAE over the last 42 years, citing that Dubai for Polish is not only a world trade or business centre, but also a ...  >>MORE

UAE-China trade up 14 percent in H1, 2013

Posted on 11/12/2013

Bilateral trade between the UAE and China has surged nearly 14 per cent in the first half of this year, with GCC countries accounting for up to 70 per cent of China's trade with Arab countries. This was announced at a press conference held at Expo Centre Sharjah to announce the details of the 12th Chinese Commodities Fair Sharjah (CCFS), commencing next Monday. In value terms, from January to June, trade between the countries reached US$21.435 billion, a 13.68 per cent growth from the same ...  >>MORE

Dubai foreign trade hits Dh1.009 trillion by end of September 2013

Posted on 09/12/2013

Dubai's non-oil foreign crossed the Dh 1 trillion threshold during the first nine months of 2013, to reach a total volume of Dh 1.009 trillion by the end of Q3, compared to Dh 918 billion for the same period in 2012. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, expressed satisfaction over the strong results and the steady increase in the volume of Dubai's foreign trade exchanges, considering the achievement as solid ...  >>MORE

Al Mansouri discusses strengthening economic relations with Irish Minister

Posted on 06/12/2013

Bali: Sultan bin Saeed Al Mansouri, Minister of Economy, has discussed with the Irish Minister for Jobs, Enterprise and Innovation, Richard Bruton, ways to strengthen economic relations between the two countries in various sectors. The discussions took place on the sidelines of the 9th WTO Ministerial Conference, currently being held on the Indonesian island of Bali. Al Mansouri, who led the UAE delegation to the meetings of the WTO Conference, shed light on the outstanding bilateral economic ...  >>MORE

Al Mansouri and UNCTAD Secretary-General discuss supporting technical assistances programmes

Posted on 06/12/2013

Bali: Sultan bin Saeed Al Mansouri, Minister of Economy, has discussed with Dr. Mukhisa Kituyi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), ways to boost cooperation between the two sides on the technical assistances programmes provided by UNCTAD in the areas of trade and development and investment. The meeting comes on the sidelines of the 9th WTO Ministerial Conference which is currently being held on the Indonesian island of Bali. During the ...  >>MORE

Al Mansouri calls for balanced deal at 9th WTO Ministerial Conference

Posted on 05/12/2013

Bali: Sultan bin Saeed Al Mansouri, Minister of Economy, has affirmed that the U.A.E., as part of the world's developing countries, believes in the multilateral trading system, and that focus on the development dimension will boost ambitions of reaching a balanced deal that serves the interests of the developed, the developing and least developed countries alike. Al Mansouri delivered a speech at a plenary session of the 9th WTO Ministerial Conference, or the MC9, which is being held on the ...  >>MORE

Chief of Portugal's Trade and Investment Agency: UAE is our key trade partner in Middle East and Gulf

Posted on 05/12/2013

Lisbon: Rita Araujo, Director of Aicep Portugal Global, a Trade and Investment Agency operating under the aegis of the Ministry of Foreign Affairs of Portugal, has recognised the U.A.E. as Portugal's key trade partner in the Middle East given its trade and economic weight in the Gulf region. In a statement to Emirates News Agency (WAM), Ms. Araujo expressed her hope for accelerating pace of trade, economic and investment cooperation with the U.A.E.. She stressed the importance of the current ...  >>MORE

UAE Economy Minister meets his Swiss counterpart, chief of International Trade Centre

Posted on 04/12/2013

Bali, Indonesia: The United Arab Emirates represented by Sultan bin Saeed Al Mansouri, UAE Minister of Economy, yesterday had two separate meetings with Switzerland's Chief of Federal Department of Economic Affairs, Johann Schneider-Ammann, on the margins of the 9th Ministerial Conference of the World Trade Organisation, which started yesterday Tuesday in the Indonesian island of Bali. At the meeting, Al Mansouri underscored the need for the current WTO ministerial meeting to come up with a ...  >>MORE

UAE and Egypt reiterate their common desire for stronger trade relations

Posted on 04/12/2013

Bali, Indonesia: The UAE and Egypt have reiterated their common desire for expanding and boosting their trade relations and opening new avenues for investments in the service of the interests of their two peoples. Sultan bin Saeed Al Mansouri, UAE Minister of Economy, and Mounir Fakhry Abdel-Nour, Egypt's Minister of Industry '&' Foreign Trade, at a meeting on the margins of the 9th Ministerial Conference of the World Trade Organisation (WTO) which started yesterday on the Indonesian island ...  >>MORE

Dubai Customs: Dubai vegetable and fruit trade reaches Dh 6.4bn in first half of 2013

Posted on 18/11/2013

Dubai has bolstered its good standing in the fruit and vegetable trade by fostering growth in the international trade of these items. According to statistics issued by Dubai Customs, the Emirate's trade in these foodstuffs amounted to about Dh 6.4bn in the first half of 2013, compared to Dh 5.4bn in the first half of 2012. This increase in trade, which reflects a 19% growth in value, coincides with the International Perishables Expo Middle East, currently being held in Dubai. The greatest ...  >>MORE

UAE's vegetable oil trade stood at Dh 2.7 bn in first nine months of 2012

Posted on 12/11/2013

The UAE's foreign trade of vegetable oil grew by 104% in the first nine months of 2012 to Dh 2.7 billion with imports accounting for 70% or Dh 1.9 billion of the total trade, according to a Ministry of Economy study. The study indicated that exports of vegetable oils stood at Dh 753.2 million in the period under review against Dh 62.2 million for re-exports. Analysis of data of UAE's vegetable oil exports and imports found that the UAE topped the Arab list of exporters. – Emirates News ...  >>MORE

Non-oil foreign and free zone trade up 19% in first nine month of 2012

Posted on 06/11/2013

The total general non-oil foreign trade (non-oil foreign and free zone trade) edged up by 19% in the United Arab Emirates during the first nine months of 2012 compared to the same period in 2011. A Federal Customs Authority (FCA) statistical study showed that the general non-oil foreign trade soared to Dh 1.138 billion in the period of January- 30 September 2012 compared to Dh 960 billion in the same period of the last year to mark an increase of Dh 178 billion. The total non-oil foreign ...  >>MORE

UAE 1st regionally and 4th internationally in facilitating Trading Across Borders

Posted on 31/10/2013

Dubai Trade, the premier cross-border trade facilitator, has welcomed the Doing Business 2014 report released by the World Bank and the International Finance Corporation (IFC). According to the report, the UAE has moved to number 4 globally in the "Trading Across Borders" category up from its 5th rank in 2013. The UAE has retained its rank as the first country in the Middle East and North Africa (MENA) region in the same category. The United Arab Emirates has jumped three slots this year to ...  >>MORE

UAE and New Zealand affirm commitment to expanding bilateral trade, economic and investment relations

Posted on 27/10/2013

Wellington: UAE Minister of Economy Sultan Saeed Al Mansouri, and New Zealand's Trade Minister Tim Groser, co-chaired the 4th meeting of the joint economic committee. In his opening remarks, the UAE minister said the meeting aimed at leveraging mechanisms of joint cooperation in vital sectors of interest for both countries, particularly in technology, innovation, knowledge-based economy, SMEs, renewable energy, petrochemicals, health, food and tourism. He noted that the current meeting was ...  >>MORE

Economy Minister, Austrian officials discusses cooperation

Posted on 24/10/2013

Perth: Sultan bin Saeed Al Mansouri, Minister of Economy, has discussed with top Australian officials from Western Australia State, ways to enhance mutual cooperation in a number of trade and investment domains. Al Mansouri discussed with Lisa Scaffidi, Lord Mayor of Perth, Western Australia State and Hon. Ken Baston MLC Minister for Agriculture and Food of Western Australia State, ways of enhancing cooperation in all fields, especially in the economic, trade and investment fields and in ...  >>MORE

Al Mansouri calls for greater partnership with Western Australia

Posted on 23/10/2013

Birth, West Australia: On the start of his visit to Australia, UAE Minister of Economy Sultan Saeed Al Mansouri has called for a time-frame, action plan for strengthening economic partnership with State of Western Australia. At a meeting on Tuesday with Colin Barnett, Prime Minister of Western Australia State, Al Mansouri said the action plan would identify opportunities in key economic and trade sectors in the UAE and Australia where investors and businessmen can invest in. He noted that ...  >>MORE

UAE, Sweden explore prospects of joint cooperation in ICT, education, clean energy

Posted on 10/10/2013

Sultan bin Saeed Al Mansouri, Minister of Economy, said on Wednesday that the UAE was looking forward to expand its cooperation with Sweden for boosting its capacities in science and knowledge driven sectors to transform its economy into the knowledge-based economy and deliver the UAE 2012 Vision. Al Mansouri added the UAE would be interested in particular vital sectors like innovation, scientific research, Small and Medium size Enterprises SMEs, export development, and upgrading health and ...  >>MORE

Minister of Economy meets Canada's Minister of International Trade

Posted on 06/10/2013

Minister of Economy Sultan bin Saeed Al Mansouri has met Canada's Minister of International Trade Ed Fast in Montreal before opening the first meeting of the UAE-Canadian Business Council. Present were Mohammed Saif Al Shehhi, UAE Ambassador to Canada, Arif Lalani, Canadian Ambassador to UAE, Abdullah Saif Al Nuaimi, Director General of Abu Dhabi Electricity and Water Authority, Deputy Chairman of the Abu Dhabi National Company for Energy and Co-President of the UAE-Canadian Business Council ...  >>MORE

UAE launches smart, technical initiatives to collect duties, unify procedures among GCC countries

Posted on 01/10/2013

The UAE has stressed its keenness for the full launch of the GCC Customs Union on the date specified by Their Highnesses the leaders of the GCC countries, expected to be in early 2015. In its first briefing session on the latest developments in the GCC Customs Union, and the UAE's initiatives to face the challenges hindering a full launch of the Union, The Federal Customs Authority (FCA) has submitted several initiatives to resolve pending issues by the end of 2014 to the General Secretariat ...  >>MORE

UAE keen to see GCC Customs Union by 2015

Posted on 30/09/2013

The UAE is eager to see the full launch of the GCC Customs Union by early 2015 after the removal of all hiccups. In its first briefing to media on the latest developments on the GCC Customs Union and the UAE's initiatives to face the challenges hindering the full launch of the union, the Federal Customs Authority, or FCA, submitted several initiatives to resolve pending issues by the end of 2014 to the General Secretariat of the Gulf Cooperation Council and the Customs Union's Authority, or ...  >>MORE

Mansouri, UK Minister for Trade and Investment explore prospects of joint economic cooperation

Posted on 29/09/2013

Remarkable progress in UAE-UK ties requires new mechanisms to keep pace with that growth, Sultan bin Saeed Al Mansouri, Minister of Economy, said yesterday. Al Mansouri said the UAE was aspiring to see joint economic and investment partnership between the two countries evolve into new sectors of cooperation like innovation. The UAE minister made his remarks during talks with Lord Green, UK Minister for Trade and Investment, focusing on progress of economic relations in areas of trade, ...  >>MORE

UAE's fruits and vegetables imports in H1 2012 total 1.4 billion kgs, worth Dh 4.2 billion, says DM officials

Posted on 25/09/2013

The UAE imported nearly 1.4 billion kilograms of fruits and vegetables in the first six months of 2012, valued at approximately Dh 4.2 billion, Dubai municipality officials announced at a press conference on Tuesday. The figures were revealed at a press conference held by Dubai Municipality and event organiser planet fair to announced that the fifth edition of WOP (World of Perishables) Dubai International Perishables Expo Middle East will be held from November 17 to 19 at the Dubai ...  >>MORE

UAE remains top Arab market

Posted on 23/09/2013

The UAE remained the top Arab consumer market with its imports of more than US$273 billion in 2012 exceeding a quarter of the region's total imports. Official data also showed the UAE had the second largest trade volume after Saudi Arabia, with its total commercial activity sharply surpassing its GDP. The UAE's imports of goods and services totalled US$273.5 billion in 2012, the highest volume in the Arab world, accounting for almost 27 per cent of the region's total trade of goods and ...  >>MORE

Dubai's non-oil foreign trade in H1 2013 grows 16% to Dh679bn

Posted on 11/09/2013

Dubai's foreign trade growth has reached a new peak in the first half of 2013, as the value of non-oil foreign trade of the Emirate has surged to Dh679bn. This represents a remarkable 16% growth from the same period last year, where the non-oil trade value was Dh584bn. Dubai's foreign trade growth has reached a new peak in the first half of 2013, as the value of non-oil foreign trade of the Emirate has surged to Dh679bn. This represents a remarkable 16% growth from the same period last year, ...  >>MORE

Dubai Exports overseas offices score high in attracting foreign buyers to UAE

Posted on 10/09/2013

The Overseas Trade Offices (OTOs) of Dubai Exports (DE), the export promotion agency of the Department of Economic Development (DED), Government of Dubai, are playing a significant role in enabling UAE-based exporters to establish their presence in strategic foreign markets and in connecting them with buyers as well as export facilitators in those markets. The OTO in Saudi Arabia has helped UAE exporters conclude transactions worth over AED363 million between 2010 and the first quarter of ...  >>MORE

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Quick List

Irish envoy hails UAE, Irish trade, sustainable energy ties


US-UAE trade grows 8.5% to record Dh98.7bn in 2013


UAE-Japan trade hits Dh188.7 billion mark


UAE’s non-oil sector activity jumps sharply


Al Mansouri meets with Indian Minister of Commerce '&' Industry


Al Mansouri eyes more trade partnerships


Members' exports and re-exports reach Dh290 billion, 8% increase on 2012


British Minister highlights keenness of UK to attract UAE investment


UAE's non-oil trade volume stood at Dh1.5 trillion in 2012


Abu Dhabi's foreign trade in 2012 exceeded Dh 600 billion


UAE pearl trade grows by 15%


UAE, Russia trade tops US$1.5 billion mark


Dubai’s non-oil foreign trade at Dhs1.009tr


UK Government increases support for UAE investors


Trade per capita in UAE hits US$61,905


Eyeing big investments in infrastructure India, UAE ink BIPPA


UAE- Polish Business Gathering reviews joint investment activities


UAE-China trade up 14 percent in H1, 2013


Dubai foreign trade hits Dh1.009 trillion by end of September 2013


Al Mansouri discusses strengthening economic relations with Irish Minister


Al Mansouri and UNCTAD Secretary-General discuss supporting technical assistances programmes


Al Mansouri calls for balanced deal at 9th WTO Ministerial Conference


Chief of Portugal's Trade and Investment Agency: UAE is our key trade partner in Middle East and Gulf


UAE Economy Minister meets his Swiss counterpart, chief of International Trade Centre


UAE and Egypt reiterate their common desire for stronger trade relations


Dubai Customs: Dubai vegetable and fruit trade reaches Dh 6.4bn in first half of 2013


UAE's vegetable oil trade stood at Dh 2.7 bn in first nine months of 2012


Non-oil foreign and free zone trade up 19% in first nine month of 2012


UAE 1st regionally and 4th internationally in facilitating Trading Across Borders


UAE and New Zealand affirm commitment to expanding bilateral trade, economic and investment relations


Economy Minister, Austrian officials discusses cooperation


Al Mansouri calls for greater partnership with Western Australia


UAE, Sweden explore prospects of joint cooperation in ICT, education, clean energy


Minister of Economy meets Canada's Minister of International Trade


UAE launches smart, technical initiatives to collect duties, unify procedures among GCC countries


UAE keen to see GCC Customs Union by 2015


Mansouri, UK Minister for Trade and Investment explore prospects of joint economic cooperation


UAE's fruits and vegetables imports in H1 2012 total 1.4 billion kgs, worth Dh 4.2 billion, says DM officials


UAE remains top Arab market


Dubai's non-oil foreign trade in H1 2013 grows 16% to Dh679bn


Dubai Exports overseas offices score high in attracting foreign buyers to UAE