Number of customs declarations grew 30% in 2020 to 13.8 million from 10.6 million in 2019.
Dubai saw exceptional growth in business registration applications. Against all odds, Dubai Customs completed 107,000 business registration requests from January to May, growing 95 per cent from 55,000 in the first five months in 2019.
Dubai Customs has completed 452,300 insurance refund requests with a value of Dhs3.2 billion in H1, 2020, according to the latest statistics from the Refund and Maqasa Department at Dubai Customs.
Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Dubai was a pioneer in launching initiatives to overcome challenges faced by individuals and businesses, which had a significant positive impact on minimising the economic impact of the pandemic."
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Victorya Matevossian disclosed that Dubai is one of the safest destinations for travellers in world, adding that around 70% of Armenian tourists have travelled to the ‘City of Wonders’ during the COVID-19 pandemic.
Dr Sultan Bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, met with Sung Yun-mo, Minister of Trade, Industry and Energy of the Republic of Korea
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of Opec ministers and their allies about the future of supply cuts.