|
|
|
| |
| A comprehensive guide
to current and future events and exhibitions in the UAE |
|
Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
|
|
Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
|
|
Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
|
THE ECONOMY - TRADE
![]() Dubai’s non-oil trade with Asean countries increases 30.4 Per Cent
Posted on 09/10/2008
The non-oil trade between Dubai and the Association of South-East Asian Nations (Asean) countries, which includes Malaysia, Thailand, Singapore, Indonesia, Vietnam, the Philippines, Myanmar (Burma), Cambodia, Brunei and Laos, accounted for Dhs23 billion in the first half of 2008, compared to Dh17 billion recorded during the same period of 2007.
This amounted to a growth rate of 30.4 per cent.
Dubai's imports from Asean during the period grew by 28.4 per cent, while exports showed an increase
... >>MORE
|
![]() UAE's imports from Pakistan rise 50% to US$1.8b
Posted on 04/10/2008
The UAE's imports from Pakistan increased 50 per cent this year compared with the previous year, according to trade figures from the Pakistani Commercial Office in Dubai.
Imports increased from US$1.2 billion in 2007 to US$1.8 billion in 2008. The UAE was the largest importer from Pakistan in the Arab region.
The Arab region imported goods worth US$3.36 billion in the July 2007-May 2008 period, an increase of 40.4 per cent from the year before.
Mansour Bajwa, commercial counsellor for
... >>MORE
|
 UAE imports from EU nations show double-digit decline
Posted on 29/09/2008
Imports to the UAE from major European Union markets witnessed a double-digit decline for the past two years, according to statistics by Dubai World.
The 2007 external trade statistics for Dubai shows that imports from the UK to the UAE declined from more than 8.1 billion Euros in 2005 to 5.3 billion Euros the following year, a decline of 35 per cent. A further decline of 25 per cent was posted in 2007, an import value of 3.9 billion Euros.
Imports from Finland to the UAE likewise declined
... >>MORE
|
![]() UAE non-oil trade with US soars 35pc to US$8.9b
Posted on 28/09/2008
The UAE non-oil trade with the US, one of the major trading partners of the Emirates, showed an impressive growth of over 35 per cent up to July this year, according to official US statistics.
According to the data compiled by the US Census Bureau, the total non-oil trade between the two countries during the first seven months (Jan-July) of 2008 remained at US$8.924 billion, compared with US$6.594 billion in the same corresponding period of 2007.
The cumulative volume of non-oil trade
... >>MORE
|
 Dubai Trade boosts UAE's ranking in World Bank's 'Doing Business Report'
Posted on 26/09/2008
Dubai Trade, the innovative online service provider and business facilitator, has been recognized by the World Bank as a significant factor in the UAE's improved ranking in the revised 'Doing Business Report' for 2008 and the latest report for 2009.
The data, prepared with Dubai Trade's key stakeholders on the export and import procedures, timelines and costs, was described by the World Bank to be of 'utmost quality, which is key to the success of the entire report'.
The submitted report led
... >>MORE
|
![]() UAE lifts ban on Somali sheep, goats
Posted on 18/09/2008
The ban on imports of sheep and goats from Somali cities of Bosaso and Barbara was lifted yesterday by a resolution by Minister of Water and Environment Dr. Rashid Ahmed Bin Fahad.
Accordingly, any sheep and goat shipments from the said Somali areas have to be coming directly from the designated quarantines.
The resolution demands the castration of male sheep and goats, an import licence, a certificate of origin, health certificate issued by relevant veterinarian authorises stating that the
... >>MORE
|
![]() Yemen-UAE trade projected to reach 446b YR
Posted on 16/09/2008
A Yemeni government report has predicted a surge in the country's two-way trade with the UAE in 2008 from its current volume of 422 billion Yemeni Riyal to 446 billion.
The report said the UAE was considered Yemen's top trade partner. Yemen's imports from the UAE are expected to reach 347 billion Riyals during this year, compared with 330 billion Riyals in 2007. – Emirates News Agency, WAM
... >>MORE
|
 UAE, Chile discuss trade and investment cooperation
Posted on 15/09/2008
The UAE and Chile discussed trade and investment cooperation when Foreign Trade Minister, Sheikha Lubna al-Qasimi received in Abu Dhabi yesterday Chilean Deputy Foreign Minister, Alberto Van Klaveren, and discussed with him ways to boost joint cooperation and means of increasing the volume of trade exchange and investment between the two countries.
Sheikha Lubna said the UAE, which is witnessing comprehensive development, had become a major hub for foreign investment and international
... >>MORE
|
![]() UAE emerges as top supplier to Yemen
Posted on 09/09/2008
The UAE emerged as a top supplier to Yemen in terms of commodities of source of origin in 2007, official figured revealed.
'The UAE topped the list of major ten exporters to Yemen for the five running year. Yemen imported goods worth YR 365.9 billion last year, according to figures released by the Yemeni Central Statistics Bureau.
The figures showed that Saudi Arabic came second with imports totalling YR 139.3 billion. – Emirates News Agency, WAM
... >>MORE
|
 DMCC to buy and sell Asian cotton
Posted on 09/09/2008
In a major shift from its usual role of regulating commodities trading, the Dubai Multi Commodities Centre (DMCC) is moving into buying and selling Asian ¬cotton.
DMCC has set up a new trading platform called the Dubai Cotton Centre (DCC), through which DMCC is expected to buy and sell about 200,000 tonnes of Uzbekistan cotton during its first year of operation.
The DCC will be a fully owned subsidiary of DMCC. It is expected to sign contracts with Uzbekistan's export agency in October, which
... >>MORE
|
![]() Dubai non-oil trade up by 54% in H1
Posted on 08/09/2008
Dubai's non-oil direct foreign trade jumped by 54.3 per cent during the first half of 2008 ending in June compared to the same period in 2007, latest report by Dubai World's Statistics Department has revealed.
According to the report, Dubai's direct foreign trade recorded a massive first-half jump by Dh104.4 billion (around US$ 28.4 billion), to reach Dh296.6 billion (around US$ 80.8 billion), compared to Dh192.2 billion (US$ 52.3 billion) achieved last year during the same period.
Saeed Al
... >>MORE
|
![]() UAE second in trade among Arab nations
Posted on 03/09/2008
A surge in its oil sales allied with a steady growth in imports and non-oil exports to catapult the UAE to the second largest trading nation in the Arab World in 2007, official figures showed on Monday.
The UAE's trade totalled US$275.1 billion (Dh1.01 trillion) in 2007, accounting for 22.2 per cent of the total Arab commercial exchange of US$1.234trn although its population of 4.5 million accounts for just 1.4 per cent of the total Arab population, showed the figures by two Arab League
... >>MORE
|
![]() Seoul top Capital investor
Posted on 03/09/2008
Foreign investment worth Dh21 billion came into Abu Dhabi in 2007 through 11,258 investors, said the Abu Chamber of Commerce and Industry (ADCCI) yesterday.
In a report detailing the top 20 foreign investments in the emirate last year, the ADCCI said South Korea was the top contributor with investments of Dh900 million from six investors. Turkey came in second, with Dh273m for seven investors and Oman was third with 27 investors ploughing in Dh113m. A single Vietnamese investor brought in
... >>MORE
|
![]() UAE, China to focus on bilateral jewellery trade
Posted on 02/09/2008
The Chinese jewellery industry recorded sales of $26 billion in 2007, growth of over 11 per cent from 2006, said one top official from Hong Kong.
"The forthcoming Middle East Diamond and Jewellery summit will provide our members the opportunity to discover a new emerging market, while at the same time giving them a platform to develop new business relationships, "said Lawrence Yung Yi Ma, President, Diamond Federation of Hong Kong.
Bilateral diamond and jewellery trade between the Middle
... >>MORE
|
![]() UAE is the second largest investor in Sudan - Study
Posted on 28/08/2008
The economic relations between Sudan and UAE witnessed accelerated development during the last five years, UAE becoming the second largest investor in Sudan after China with a total investment of about USD7 billion. The bilateral trade between the two countries also grew annually by more than 30 pc, a study by Dubai Chamber of Commerce and Industry (DCCI) showed.
Sudan's economy is booming on the back of the increase in oil production, high oil prices, and large inflows of foreign direct
... >>MORE
|
RETURN TO TOP | WAM UP TO THE MINUTE NEWS
| |
Home
