Arab Today, arab today dubai’s international trade up 30
Last Updated : GMT 15:40:14
Arab Today, arab today
Arab Today, arab today

Dubai’s international trade up 30%

Arab Today, arab today

Arab Today, arab today Dubai’s international trade up 30%

Dubai - Arabstoday

Dubai’s non- petroleum direct international trade shot up 30 per cent equivalent to more than Dhs235 billion in the end of the first quarter this year as compared to Dhs180 billion in the same period last year and Dhs159 billion during the same period of 2009. Dubai Customs most latest statistics reports showed that Dubai’s imports for the first 4 months in this current year expanded by more than 40 per cent with Dhs29 billion as opposed to Dhs20 billion during the period from January to April in 2010. On the other hand, the re-exports expanded to a higher growth during the first third of this current year, reaching to 38 per cent with a total value of more than Dhs61 billion comparable to Dhs44 billion for the same period of 2010. Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zones, the Director General of Dubai Customs, explained that the total value growth of Dubai’s direct external trades turnover with external world is an indication evidently reflects quick recovery of business activities movement in Dubai with availability of future opportunities for more growth and productivity.    Director General of Dubai Customs said: “these achieved growth turnover indications predict availability of sustainable economic growth in Dubai and mainly target productive sectors of higher added value with intention of contributing in the improvement of individual’s incomes, prosperity and creating different sources of incomes” this secured growth is entirely reflected in areas of direct trades exchange which included exports in addition to re-exports and imports.” “The emerge of this growth is also in parallel with the strategy that followed by UAE in relation to the importance of enabling wide range of productivity, economic activities, establishment of mutual commercial and business relationships with nations worldwide, delivery of advanced excellent services, facilitation of simplified procedures across customs sea, land and air ports, all these together have contributory led the achievement of these positive outcomes,” he added. He further noted that: “The recorded growth rate in the re-exporting process during the first three months was approximate to the growth rates of the exports which surged to 37.68 with a value exceeding Dhs61.5 billion. He believes that this is in the first place an outcome of Dubai’s high capabilities in the high development infrastructure and the advanced set of legislations that meet top international standards which in their turn contributed to adding up to the efficiency of Dubai’s strategic location on the map as a major crossing hub for trade movement connecting east and west and granting further operational competency to the business community. Ahmed Butti highlighted that the recorded growth percentages in respect of re-exports within the first four months of the current year, were almost similar to the percentages achieved by the imports. The percentages surged to 37.68 per cent equivalent to more than Dhs61.5 billion. He attributed this achievement to Dubai’s high efficiencies and advanced infrastructures India maintain to rank to Dubai’s biggest direct trade partner in the first four months of this current year, the trades exchanges with Dubai reached to Dhs75 billion, occupies percentage of 37 per cent of Dubai’s total direct trades with outside world, while Dubai’s imports from India amounted to Dhs36 billion. values of re-exports from Dubai to India reached to Dhs26.68 billion while Dubai’s exports to India reached Dhs12.73 billion. China and USA stood at second and third place in the first countries exporting to Dubai with value of Dhs14 billion and Dhs10 billion accordingly. In terms of the top export destination for Dubai, Switzerland was at second place with value more than Dhs2 billion. Saudi came in the third place with more than Dhs1 billion. Diamond came first with a total of more than Dhs27 billion, followed by gold and platinum metals with value of more than Dhs23 billion and then gold, related parts and precious metals with value of more than $8 billion. Gold also took the first spot in the exports list with Dhs17 billion. It was followed by petroleum oil and waste & scrap of precious metals or ordinary metals with more than Dhs1 billion. From / Gulf Today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai’s international trade up 30 Arab Today, arab today dubai’s international trade up 30

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 20:02 2017 Saturday ,18 February

Gold edges higher as global equities lose momentum

GMT 10:20 2017 Thursday ,16 February

New Zealand's Spark rings up interim profit rise

GMT 05:40 2017 Thursday ,16 February

Stocks rise on Yellen’s positive US outlook

GMT 05:34 2017 Thursday ,16 February

‘Protectionism, populism threaten euro zone’

GMT 04:51 2017 Thursday ,16 February

Oil pulls back after brief rally
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 15:16 2017 Sunday ,19 February

Apple to start India operations with iPhone SE

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday