Imports accounted for Dhs320 billion, exports Dhs77 billion, and re-exports stood at Dhs154 billion. WAM
Exports of Dubai Chamber members exceeded a combined value of Dhs45 billion between June and August 2020, marking a 7.4 per cent increase compared to the March-May period during the same year.
Dubai: The invaluable role of Dubai Chamber of Commerce and Industry as a business facilitator was the subject of the recent ‘Ask the Expert’, the monthly videos series, under Dubai Chamber’s Business Connect initiative.
The non-oil external trade of Dubai has increased about ten times between 2000 and 2019 rising from Dhs143 billion in 2000 to Dhs1.271 trillion in 2019. In the first half of 2020, Dubai trade made around Dhs551 billion,
DMCC, the Free Zone and Government of Dubai Authority on commodities trade and enterprise, will host six diamond tenders in its Dubai Diamond Exchange (DDE), the world’s largest diamond tender facility, in January 2021. This follows a record-breaking
US West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.3%, to $59.93 a barrel by 03:56 GMT while Brent crude futures rose 29 cents, or 0.46%, to $62.99 a barrel.
Spot gold eased 0.2% to $1,734.26 per ounce by 03:20 GMT while US gold futures dipped 0.1% to $1,732.
The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (Opec), the group’s president said on Tuesday.