Confidence about business in Dubai grows among exporters, manufacturers

DED survey shows confidence growing among exporters and manufacturers Quarterly business survey reveals robust optimism leading to third quarter of 2012 Stronger optimism among exporters, manufacturers and a number of retailers gearing for busier days ahead are the highlights of the latest quarterly business survey conducted by the Department of Economic Development (DED) in late […]

Dubai traders seeking solutions in tough times

Prices became uncompetitive, because of increased administrative and operational costs Fierce competition from counterparts in other regions The current global economic downturn could spell potential disaster for businesses, manufacturers, traders and exporters based in Dubai. Whether it’s a minor or a major disaster in 2012, business people remain concerned about their prospects and the business […]

Dubai external trade with foreign countries valued at 235 bln dirhams

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Emirate of Dubai’s non-petroleum direct international trade shot up 30% equivalent to more than AED 235 billion in the end of the first quarter this year as compared to 180 billion dirhams in the same period last year and AED 159 billion dirhams during the same period of 2009. Dubai Customs most latest statistics reports […]

Dubai trade with the world totaled DHS 475 billion by the end of October

Value of Dubai trade exchanges have risen 19% during the first ten months of this year totaling DHS 475 billion compared to DHS 400 billion of exchanges that took place in the same period last year. HE Ahmed Butti Ahmed, the Director General of Dubai Customs and CEO of the Ports, Maritime and Free Zone […]

Export Assistance Program to give 33% financial support to UAE exporters

UAE-based small and medium enterprises (SMEs) availing the newly launched Export Assistance Program (EAP) can receive up to 33% of financial support relating to their approved expenses concerning export activities as explained in a series of briefing sessions rolled out by Dubai Export Development Corporation (EDC), an agency of the Government of Dubai’s Department of […]

Dubai to boost ICT exports to South Asia

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EDC and DIC initiate business matchmaking session coinciding with GITEX Technology Week Dubai Export Development Corporation (EDC), the export promotion & facilitation arm of the Government of Dubai, organised a business matchmaking forum involving more than 70 companies, to enhance the export opportunities of the Emirate’s ICT products and services into South Asia. The forum, […]

UAE strengthens bilateral ties with Turkey

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High-level UAE delegation attends Izmir International Fair Dubai Export Development Corporation (DEDC), the Dubai government body charged with promoting exports from the emirate, along with the UAE Ministry of Foreign Trade and three other high-level UAE delegations, have discussed potential partnerships with Turkey’s Ministry of Trade.

Dubai Export Development Corporation and Jebel Ali Free Zone Authority sign MoU to increase export efficiency

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Dubai Export Development Corporation (EDC) and the Jebel Ali Free Zone Authority (Jafza) member of Economic Zones World, have signed a Memorandum of Understanding (MoU) confirming their joint commitment to contribute to Dubai’s economic development by fostering its external trade potential. EDC predicts a 10% increase in export performance of Jafza-based companies in terms of […]

UAE-France trade records USD6.3 billion in 2007

UAE’s trade with France has witnessed a significant rise to reach a total of USD6.3 billion last year. Import accounted for 79% of the total amount while export and re-export accounted for 21%, according to a report issued by the Dubai Chamber of Commerce and Industry.

UAE’s non-oil foreign trade hits Dhs.1.8 trillion in five years

UAE’s non-oil foreign trade reached about Dhs.1.8 trillion during the period from 2003 to 2007, according to the Federal Customs Authority. Imports accounted for Dhs.1.2 trillion while exports and re-exports stood at Dhs.3.1.billion and Dhs.3.4 billion respectively.