The total value of Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to Dhs61.522 billion, a 15 per cent increase compared to the same period of 2021. Exports recorded a growth of 35 per cent in the first three months of
Dubai-based Erith Group announced the establishment of an industrial-scale production plant of sealing products – Erith Industries – at the Al Hamra Industrial Area in Ras Al Khaimah,
The increasing role of government-backed export credit agencies in filling in the financing gaps in trade and export businesses – especially in meeting the short-term working capital needs –was highlighted by Etihad Credit Insurance (ECI) in the TXF Middle East
The Ministry of Industry and Advanced Technology (MoIAT) has successfully overseen a historic rise in industrial exports from the UAE to foreign markets, which amounted to approximately Dhs120 billion ($32.6 billion) in 2021. This coincided with a major
Traditionally an agricultural country classified as a middle-income economy and, commonest perceived to be mostly raking in hefty dollars by way of its fresh and processed tropical fruits, the number one export of the Philippines to the Middle East and North Africa
Dubai’s Department of Economy and Tourism (DET) strengthened the international presence of the UAE food and beverage (F&B) sector through the successful participation
India posted annual economic growth of 6.3% in its July-September quarter, less than half the 13.5% growth in the previous three months as distortions caused by COVID-19 lockdowns faded in Asia’s third-largest economy. Gross domestic product growth for the full fiscal year, which ends on March 31, is likely to be 6.8-7%,
China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan ($154.19 billion) in long-term liquidity to underpin its post-COVID economic recovery that is starting to lose momentum.
The Ministry of Industry and Advanced Technology (MoIAT) and Etihad Credit Insurance (ECI) on Tuesday signed a Memorandum of Understanding (MoU) to inject capital into the UAE’s industrial sector and support local industrialists.