DMCC successfully redeems US$200 million sukuk
Final US$20 million repayment on five-year Islamic bond made on schedule
Demonstrates underlying financial strength of DMCC
Underscores rapid growth...
DP World launches new initiative to enhance trade opportunities in Dubai
DP World, UAE Region has launched an initiative to increase communication between Dubai’s key trade enablers and the large trading community.
More ...
Dubai and Angola explore opportunities to promote diamond trade
1. DMCC delegation meets with Angolan government officials
2. Discusses opportunities for promoting rough diamond trade
3. Strengthens Dubai's focus on ethically sourced diamonds
Dubai Multi Commodities...
UAE’s foreign trade crosses AED 310bn in H1
UAE's foreign trade exceeded AED 310bn in the first half of the current year, reported the official news agency WAM.
The imports during this period...
UAE to introduce metric systems instead of feet and yard as...
The Emirates Authority for Standardization '&' Metrology (ESMA) is bracing to implement a new system for length and distance measurement units in all official...
China can play key role in boosting global gold trade say...
1. China’s growing reserves provide major boost to gold centres
2. China well-positioned to boost trade flows as world’s largest gold producer
The growing significance of...
Diamond and Gold Trade Exempted from VAT as Demand Halves
The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...
Dubai Export Development Corporation and Jebel Ali Free Zone Authority sign...
Dubai Export Development Corporation (EDC) and the Jebel Ali Free Zone Authority (Jafza) member of Economic Zones World, have signed a Memorandum of...
Dubai to implement duty on jewelry from 1st Jan 2017
Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...
Irish delegation examines export opportunities in Dubai
The Dubai Export Development Corporation (EDC), an agency of the Dubai Department of Economic Development, Government of Dubai, met with a delegation...
Seamless Flow of Goods between JAFZA, Dubai South Now Enabled
In a bid to further contribute to enhancing trade flow in Dubai’s leading free zones, DP World, UAE Region and Dubai South signed a...
Gold sales surge 56% in the UAE on lower prices
The UAE gold sales increased by 56% in the third quarter of the year to reach AED4.3 billion (US$1.17 billion) compared to AED2.8 billion...
Non-oil foreign trade grew by 174.9% in last four years
UAE's non-oil foreign trade exchange has posted a whopping 174.9% growth to US$ 215 billion in 2008 from US$ 78 billion in 2008, according...
Prices control campaign during Ramadan
The Ministry of Economy has launched comprehensive prices' control nationwide to prevent manipulation, monopoly and ensure item supplies during the Holy Month of...
UAE firms expect AED100 million worth of exports to Saudi Arabia
UAE firms have closed over AED100 million worth of export opportunities to Saudi Arabia in 2011, as a result of their successful participation in...
Economic challenges faced by UAE exporters
Dubai Exports, an agency of the Department of Economic Development – Government of Dubai, hosted the first of a series of meetings of the...
Fifth HKTDC Lifestyle Expo in Dubai Opens Monday
The fifth Lifestyle Expo in Dubai will take place from 25-26 September at the Hyatt Regency Dubai, connecting Hong Kong and Chinese mainland suppliers...
3rd Global Dubai Tea Forum opens today
Biennial event held under patronage of HE Sultan Bin Saeed Al Mansoori
More than 360 delegates attended first day...