Arab Today, arab today uaeafrica trade expected to hit 30bn in 2013
Last Updated : GMT 03:41:19
Arab Today, arab today
Arab Today, arab today

UAE-Africa trade expected to hit $30bn in 2013

Arab Today, arab today

Arab Today, arab today UAE-Africa trade expected to hit $30bn in 2013

Nairobi - XINHUA

Trade between UAE and Africa is expected to jump to 30 billion U. S. dollars in 2013, a UAE government official said on Thursday. UAE Ambassador to Kenya Abdulrazak Hadi told journalists in Nairobi that this will represent a 27 percent increase in bilateral trade from the previous year. \"Due to Africa\'s fast growing economies, we expect total bilateral trade between UAE and Africa to hit 30 billion dollars in 2013,\" Hadi said during an UAE trade mission to Kenya and Tanzania on June 23-29. The visit comes after high level talks between the two nations following the inauguration of Kenya\'s new government two months ago. Senior UAE government officials and more than 25 UAE companies will visit the region to explore trade and investment opportunities. He added that the volume of trade and investment between Kenya and UAE will expand as UAE\'s private sector is seeking opportunities in Kenya\'s aviation, mining, education, renewable energy, oil, gas and manufacturing sectors. UAE Ministry of Economy Undersecretary Abdulla Al Saleh said Kenya will remain a strategic partner for the UAE, as it is the largest economy in east African. He said the UAE is eager to boost further its business and investment relations with Kenya, as the African nation is recognized as east Africa regional trade and finance hub. He noted that bilateral trade between Kenya and the UAE has been expanding steadily over the past five years. \"In 2012 it reached close to 1 billion dollars,\" the UAE official said. According to the UAE, there are more than 40,000 Kenyans living in the Gulf country, most of whom are in the hospitality and construction sectors. Kenyan Foreign Affairs Cabinet Secretary Amina Mohamed said bilateral trade is in currently in favor of the Arab nation. Data from the Ministry of Trade indicates that Kenyan imports from the UAE exceeded exports by approximately 630 million dollars in 2012.

arabstoday
arabstoday

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 uaeafrica trade expected to hit 30bn in 2013 Arab Today, arab today uaeafrica trade expected to hit 30bn in 2013

 



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 uaeafrica trade expected to hit 30bn in 2013 Arab Today, arab today uaeafrica trade expected to hit 30bn in 2013

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
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