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The latest report by Baltic Exchange for trading and shipping and the Xinhua news agency of the China Economic Information Service based in London has ranked Dubai fifth in the International Shipping Centre
Dubai is seeing a strong revival in wooden dhow trade this year with the recent establishment of the Marine Agency for Wooden Dhows, an agency set up by the Ports,
May survey data for Dubai’s private sector non-oil economy continued the recent twin themes of strengthening output growth and weak job creation.
The UAE e-commerce market is poised to grow to $17.8 billion in 2020, and the logistics providers they choose will play a key role in the exponential growth of online shopping, according to industry specialists.
The low base effect powered India’s merchandise exports to grow by over 195 per cent on year-on-year basis last month. In April 2021, exports grew to $30.63 billion, higher by 195.72 per cent over the $10.36 billion reported in April 2020.
In 2020, Dubai external trade made Dhs1.182 trillion, and the weight touched 100 million tonnes. Last year, exports grew 8% to Dhs167b despite the hard challenges posed by the spread of COVID-19. Imports reached Dhs686b and re-exports totaled Dhs329b.
DP World, the leading provider of smart supply chain logistics, alongside its partner Caisse de depot et placement du Quebec (CDPQ), a global investment group, signed a long-term agreement
DP World, UAE Region, the leading smart trade enabler, has announced the completion of implementing ZODIAC, a terminal operating system (TOS), in Jebel Ali Port’s Container Terminal 3 (CT3).
The Hamriyah Free Zone Authority (HFZA) has signed an investment agreement with Medtra, one of the world’s major companies in the production and manufacturing of healthcare equipment and products,
Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs