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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
 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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 Lubna Al Qasimi receives French Minister
Posted on 22/10/2008
UAE Minister of Foreign Trade, Sheikha Lubna Al Qasimi, yesterday received a French delegation headed by French Minister of State, Anne-Marie Idrac and discussed with her ways to boost strategic and economic ties between the two countries to cross the current $6.3 billion bilateral trade level. They also discussed ways to expedite the signing of a vital free trade agreement (FTA) between the Gulf Cooperation Council (GCC) and the European Union (EU).
The visit was part of a four-day tour of
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 UAE Minister of Trade discusses ways to enhance economic cooperation with Slovakia
Posted on 22/10/2008
UAE Minister of Foreign Trade H.E. Sheikha Lubna Al Qasimi has yesterday received a delegation from the Slovak Republic headed by State Secretary of the Ministry of Foreign Affairs Diana Strofova. Both ministers discussed ways to enhance strategic and economic cooperation and sustain the terms and goals of trade agreements made previously between their two countries.
State Secretary Strofova was accompanied by Peter Zsoldos, Slovak Ambassador to the Gulf and the Middle East, and Peter Bator,
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 DMCC launches Dubai Cotton Centre
Posted on 20/10/2008
Dubai Multi Commodities Centre (DMCC) announced yesterday the establishment of Dubai Cotton Centre (DCC), a new trading arm and a fully owned subsidiary of DMCC, which will consolidate Dubai's position as a key link in the global cotton supply chain between Central Asia particularly Uzbekistan and the cotton consuming economies in the wider Asian market.
The newly established DCC also signed a framework agreement with Uzprommashimpeks (UPM), a renowned major exporter under the Uzbekistan
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![]() Dubai’s non-oil trade with Asean countries increases 30.4 Per Cent
Posted on 09/10/2008
The non-oil trade between Dubai and the Association of South-East Asian Nations (Asean) countries, which includes Malaysia, Thailand, Singapore, Indonesia, Vietnam, the Philippines, Myanmar (Burma), Cambodia, Brunei and Laos, accounted for Dhs23 billion in the first half of 2008, compared to Dh17 billion recorded during the same period of 2007.
This amounted to a growth rate of 30.4 per cent.
Dubai's imports from Asean during the period grew by 28.4 per cent, while exports showed an increase
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![]() UAE's imports from Pakistan rise 50% to US$1.8b
Posted on 04/10/2008
The UAE's imports from Pakistan increased 50 per cent this year compared with the previous year, according to trade figures from the Pakistani Commercial Office in Dubai.
Imports increased from US$1.2 billion in 2007 to US$1.8 billion in 2008. The UAE was the largest importer from Pakistan in the Arab region.
The Arab region imported goods worth US$3.36 billion in the July 2007-May 2008 period, an increase of 40.4 per cent from the year before.
Mansour Bajwa, commercial counsellor for
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 UAE imports from EU nations show double-digit decline
Posted on 29/09/2008
Imports to the UAE from major European Union markets witnessed a double-digit decline for the past two years, according to statistics by Dubai World.
The 2007 external trade statistics for Dubai shows that imports from the UK to the UAE declined from more than 8.1 billion Euros in 2005 to 5.3 billion Euros the following year, a decline of 35 per cent. A further decline of 25 per cent was posted in 2007, an import value of 3.9 billion Euros.
Imports from Finland to the UAE likewise declined
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![]() UAE non-oil trade with US soars 35pc to US$8.9b
Posted on 28/09/2008
The UAE non-oil trade with the US, one of the major trading partners of the Emirates, showed an impressive growth of over 35 per cent up to July this year, according to official US statistics.
According to the data compiled by the US Census Bureau, the total non-oil trade between the two countries during the first seven months (Jan-July) of 2008 remained at US$8.924 billion, compared with US$6.594 billion in the same corresponding period of 2007.
The cumulative volume of non-oil trade
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