Dubai’s free zones saw their total trade volumes in 2019 grew by 11% year-on-year with an estimated value of Dhs596 billion.
Inayat-ur-Rahman, Business EditorThe bilateral trade between UAE and China will continue to surge in the coming years as a result of the strong economic relations between the two countries, despite a temporary setback caused by the effects of the COVID-19 pandemic crisis.
Brazil is one of the largest trade partners of the Arab countries and the trade volume between Brazil and Arab states has witnessed significant growth in the recent years.
China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned a careful course out of a year disrupted by COVID-19.
The UAE was ranked among the 20 leading countries in 16 global competitiveness indexes related to foreign trade in 2020, marking a new achievement and consolidating the country’s status as a key centre of international trade.
China’s factory activity grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed by an early resumption of production.
The global investment platform, Investopia, has revealed one of the key outcomes of its annual conference held on March 2-3, 2023 in Abu Dhabi, which is the entry of international Italian companies into the UAE market through partnership agreements under the umbrella of its annual conference.
Thailand’s central bank (CB) raised interest rates by 25 basis points (bps) on Wednesday, as it attempts to bring inflation back within target while the economic recovery gathers pace against rising global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise
Adnoc Logistics & Services (Adnoc L&S) has unveiled its Integrated Logistics Services Platform (ILSP), one of the largest turnkey offshore logistics offerings in the world that enables coordinated end-to-end management of logistics and maritime operations at its base in Mussafah, Abu Dhabi.
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its trade mission to Uzbekistan, Kazakhstan and Kyrgyzstan last week. During the mission, the chamber facilitated over 430 B2B meetings between representatives of