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Dubai Export Development Corporation and Austrade sign Tradelink Partnership

Agreement will create strategic international alliances Dubai Export Development Corporation (EDC) has established a Tradelink Partnership with the Australian Trade Commission (Austrade) to create...

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...

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...

Dubai Customs celebrates World Quality Day

Dubai Customs celebrated World Quality Day on Thursday on November 11th, 2010. A number of activities which aim to increase awareness about quality and...

Re-introduction of Iran to global supply chains a mixed blessing for...

Supply chain risk in MENA continued to hover at historically high levels in Q4 2015, with Iran’s imminent re-introduction to global supply chains encouraging...

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...

Middle East Retail Sector to Reach $682b by 2013

The Middle East retail industry will grow at a CAGR of around 13 percent during 2009-2013 to reach over $682 billion by 2013, Companies...

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...

USA Regional Trade Center will officially open in June

Ambassador visits USA Regional Trade Center in Sharjah, UAE to emphasize US Embassy support The United States Ambassador to the UAE, Mr. Michael Corbin, visited...

Steel, Metal and Building Material trade in Jafza up 14% last...

Steel, Metal and Building Material companies based in Jafza generated trade worth AED 12.26 billion in 2010 registering a growth of 14% last year in comparison to AED 10.75 billion in 2009.

Growth opportunities for gold trade highlighted at DMCC Gold Convention

1. More than 150 regional and international industry professionals participate in one-day event 2. Dubai strengthens ‘City of Gold’ status amid challenging global conditions 3. Dubai...

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...

Middle East and Africa accounts for nearly 14 per cent of...

Region is second largest tea consumer globally 3rd Global Dubai Tea Forum concluding day sees trends in innovation, market ...

Expo 2020 Dubai launches new procurement portal

Expo 2020 Dubai has announced the launch of the Expo 2020 eSourcing portal, an online procurement system that will link all Expo related procurement...

Stake of precious metals in UAE’s non-oil trade is 26.5 %

The Ministry of Foreign Trade affirms that UAE has sought to diversify its economy and not to rely on oil as the main source...

2016 Global trade forecast revised downward

The World Trade Organization on Thursday, April 7, revised its 2016 global trade forecast downward by more than one percentage point, warning that a...

MENA countries expanding tax treaty networks to encourage trade

According to experts at Ernst & Young’s MENA Tax Conference 2012 in London, MENA countries have introduced a number of measures since 2010, to...

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 ...