Customs transactions in the first half of 2020 grew 41 per cent to 7.252 million compared to 5.138 million in the corresponding period last year.
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 recorded Dhs551 billion worth of non-oil external trade in the first half of 2020. The emirate’s ability to minimise the impact of the pandemic-induced global economic slowdown on its trading sector reflects
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.
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
As of Monday, the total inventory amounted to 21.759 million barrels, 1.8 per cent below that of the previous week.
Brent crude futures climbed 19 cents, or 0.3%, to $56.10 a barrel while US West Texas Intermediate (WTI) crude futures rose 20 cents, or 0.4%, to $52.81 a barrel.
Spot gold was down 0.1% to $1,849.16 per ounce while US gold futures eased 0.2% to $1,847.50.
The UAE has succeeded in providing all public and private services, which greatly contributed to mitigating the expected impact of the pandemic on the real estate sector, thanks to the proactive measures of the government, says Binghatti.