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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
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THE ECONOMY - TRADE
![]() UAE exports to Japan jump 60% in 10 months
Posted on 28/12/2008
Strong oil prices allied with costlier commodity to boost the UAE's exports to Japan by nearly 60 per cent in the first 10 months of 2008 to maintain its position as the second-largest Arab trade partner of the Asian giant.
Official figures showed the Gulf country's exports to Japan, mostly crude oil, liquefied natural gas and aluminium, surged to an all-time high of US$32.85 billion (Dh120bn) during January-October from around US$26.17bn in the same period of 2007.
Its imports from Japan
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 Increasing UAE exports to Uzbekistan discussed
Posted on 27/12/2008
UAE Minister of Foreign Trade Sheikha Lubna Al Qasimi yesterday stressed that the UAE economy is solid could weather the current global financial crisis and the economic slowdown, thanks to the top leadership of the country.
Al Qasimi further said the current crisis can be used as an opportunity for some countries with good economic growth rates to play a leading role in global economy.
Al Qasimi made her remarks during a meeting today with Uzbek Minister of Foreign Economic Relations,
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![]() UAE top export destination for Singapore IT and telecom firms
Posted on 14/12/2008
The UAE tops the list of Middle East export destinations for Singapore's IT and telecoms companies, according to official figures.
The Emirates accounted for 71 per cent of exports last year, says the Infocomm Development Authority of Singapore (IDA), a government body.
The IDA is working closely with the public sector in the Middle East and many Singapore-based companies have already provided solutions and services in the region. They include CrimsonLogic, whose e-judiciary product is
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![]() Dubai's non-oil trade grows by 44.5% to Dh705 billion in January-September 2008
Posted on 14/12/2008
Dubai's non-oil foreign trade, including trade via free zones and customs warehouses, surged by 44.5 per cent during the first nine months of 2008 ending in September, compared to the corresponding period in 2007, the latest report by Dubai World's Statistics Department revealed.
According to the report, Dubai's direct foreign trade recorded a growth by 51.2 per cent, with a corresponding rise of 33.4 per cent in the trade activity through other channels such as free zones and customs
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![]() Dubai exports to GCC countries still strong
Posted on 10/12/2008
Dubai's exports to major markets, affected by the credit crunch, could fall in 2009, but trade with other countries such as India could cushion the impact, UAE-based exporters said. The amount of Dubai's exports in the third quarter, which stood at Dh56.6 billion, is still higher than last year's Dh45.3 billion. However, a quarterly comparison showed that total exports of firms listed with the Dubai Chamber of Commerce and Industry declined slightly by 1.7 per cent in September from Dh57.6
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![]() UAE is Japan's second largest crude supplier
Posted on 01/12/2008
Japan's imports of UAE crude oil reached 26.6 million barrels during last October, representing 22.4 percent of the country's total imports of crude oil.
According to a statistical report released by Japanese Ministry of Economy, Trade '&' industry, Saudi Arabia emerged as Japan's largest crude supplier during October with 38 million barrels, followed by the UAE, Iran, Qatar and Kuwait respectively.
The report said that Japan's crude imports dropped during that month to 118.9 million barrels,
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 UAE and China trade growing 34% annually
Posted on 27/11/2008
Commercial relations between the UAE and China have witnessed big growth over the last few year with an annual growth rate of 34 per cent, said Mohammed Ahmed bin Abdul Aziz Al Shehi, Undersecretary of Ministry of Economy.
"The total non-oil commercial exchange rose from US$4 billion (Dh14.68bn) in 2003 to US$13bn in 2007, an annual growth rate of 34 per cent," he said.
Chinese companies registered in the UAE Ministry of Economy total 31 and there are another 900 companies in the UAE's free
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 Dubai exports increase 25% to Dh57bn
Posted on 19/11/2008
The value of exports and re-exports shipped by members of the Dubai Chamber of Trade and Industry in the third quarter of 2008 has totalled Dh56.6 billion.
This was 25 per cent higher than the Dh45.3bn registered during the same period in 2007. However, the figure represented a 1.7 per cent decline from the Dh57.6bn recorded in the second quarter of the year.
Aref Obaid Al Muhairi, Director General of the Dubai Statistics Centre, said the year-on-year increase was the result of the support
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 UAE exports set to reach Dh758b as GDP climbs
Posted on 18/11/2008
The UAE's exports for 2008 are forecast to reach Dh757.8 billion, up from an estimated Dh607.7 billion in 2007, while its import levels this year are forecast to reach Dh491.7 billion, the Oxford Business Group said in 'The Report: Abu Dhabi 2008', released here on Monday.
The UAE's GDP in 2007 reached Dh729.7 billion, according to the Ministry of Economy.
The report said the country's overall current account balance is forecast to improve to Dh241.8 billion in 2008, compared with Dh153.1
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 Dubai's rice trade value leaps by 155% in 1st half 2008
Posted on 10/11/2008
Rice trade in Dubai has made a quantum leap in terms of value during the first six months of 2008, achieving a remarkable 155.3 per cent rise compared to the same period of last year.
Figures released by the Statistics Department of Dubai World also showed that the growth is by 42.2 per cent in terms of volume over the same period.
According to the department figures, the total value of Dubai's import and re-export of this vital commodity reached Dh3.043 billion (about US$829 million) during
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 UAE and China forge diamond links
Posted on 09/11/2008
China and the UAE have linked up for a massive push into the diamond and jewellery trade. Hundreds of delegates from around the world gathered in Dubai yesterday for the first Middle East-China Diamond and Jewellery Summit at the Dubai Multi Commodities Centre (DMCC).
The two-day conference aims to boost relations between China and the Middle East across the entire jewellery and diamond industry. Participants gathered with a common objective to capitalise on the strengths of these emerging
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![]() Japanese exports to UAE surge on rising demand for machinery
Posted on 06/11/2008
Fuelled by rising demand for transport equipment and electrical machinery, Japan's exports to the UAE climbed by 33.1 per cent to US$8 billion (Dh29.4 billion) in 2007, compared to US$6 billion in 2006.
Overall, commerce between the two countries surged by 7.2 per cent, from US$37.6 billion in 2006 to US$40.3 billion in 2007, according to statistics released by the Japan External Trade Organisation (Jetro) in Dubai.
The UAE was Japan's largest market for export products among the Gulf
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 Dubai's polished diamond trade reaches US$5.29 billion in first half 2008
Posted on 02/11/2008
Dubai's total trade of polished diamonds reached US$5.29 billion at the end of the first six months of 2008, the Dubai Diamond Exchange (DDE), a subsidiary of the Dubai Multi Commodities Centre (DMCC), announced yesterday.
Polished diamond imports to the emirate grew by 99 per cent during the first six months of 2008, to reach US$2.94 billion from US$1.48 billion during the same period in 2007. Exports rose by 153 per cent to reach US$2.35 billion from US$929 million during the same period in
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![]() Dubai-France non-oil trade rises to Dh7.47 billion in six months
Posted on 29/10/2008
Bilateral non-oil trade between Dubai and France increased by 26.7 per cent in the first half of 2008, compared with that of the same period in 2007.
The figures released by the Statistics Department of Dubai World showed that trade between the two countries amounted Dh7.47 billion (about US$2billion) during the first six months of this year, while it was Dh5.9 billion during the same period last year — an increase by Dh1.57 billion.
The increase in trade reflects the strong relations
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![]() Imports of GCC through UAE touch Dh36 billion
Posted on 23/10/2008
Total of GCC imports through UAE ports and borders soared to Dh36 billion from 2003 to 2007, according to Mohammed Khalifa bin Fahad Al Muhairi, director general of the Federal Customs Authority (FCA).
He added that the clearance committee endorsed the custom duties charged against the imports until 2007. It transferred them fully to the members, adding that the transfer of the custom duties to members "is in line with the commitment of the FCA to make unified customs experience a success."
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