The value of Abu Dhabi’s non-oil exports to Saudi Arabia jumped to Dhs196.17 billion over the decade.
The value of Abu Dhabi non-oil foreign trade has reached Dhs80.23 billion through the emirate’s outlets during the first five months of 2020, the Abu Dhabi Customs has announced.
The value of non-oil foreign merchandise trade through Abu Dhabi ports totalled Dhs66.5 billion during first four months of 2020. The imports increased by 2.2 per cent in the same period, according to figures released by Statistics Centre - Abu Dhabi (SCAD), on Monday.
Saudi Arabia’s new Energy Minister, Prince Abdulaziz Bin Salman, said on Monday that oil production cuts would benefit all exporting nations. The minister signalled no major change in approach in Saudi Arabia.
Global shares rattled on Monday as surging coronavirus cases in Europe and the United States clouded the global economic outlook, while China’s leaders meet to plan the country’s economic future.
Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (DEWA), on Monday virtually inaugurated the Water, Energy, Technology and Environment Exhibition (WETEX) and the Dubai Solar Show 2020.
The Chairman of the Sharjah Chamber of Commerce & Industry (SCCI) Abdullah Sultan Al Owais, underlined the Chamber’s commitment to communicating with the local business community through the sectoral business groups,
Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Monday announced that it has acquired 32 industrial properties totaling approximately 3.5 million square feet