Middle East and Africa a lure for General Electric

General Electric is looking at opportunities to invest in transportation in the Middle East and Africa after signing a $575m railway deal in Egypt and expects growth in all sectors there..... Read more »

Posted on : 6/19/2017

Dubai imported hardware and tools worth $980m in 2016

The emirate's hardware and tools trade was valued at $1.38bn (AED5.07bn) in 2016, with exports and re-exports into neighboring countries found to be worth $408.3m (AED1.5bn)..... Read more »

Posted on : 6/17/2017

Dubai cosmetics trade up 23pc to $5.6bn

Dubai’s total trade in cosmetics and fragrances hit Dh20.68 billion ($5.6 billion) during 2016, representing a growth of 23 per cent from 2012, said organisers of the ongoing Beautyworld Middle East 2017 – the leading trade event for beauty and wellbeing..... Read more »

Posted on : 6/17/2017

Gems, jewellery exports may hit $41-42 billion this fiscal

Higher demand in the Middle-East and South-East Asia could help India’s gems and jewellery export grow this fiscal to about $42 billion, an export promotion body said on Monday. In 2016-17, the export totalled at around $36 billion..... Read more »

Posted on : 6/17/2017

Daimler invests in ride-hailing firm Careem's latest funding round

Dubai-based ride hailing firm Careem will step up expansion into new markets after raising$150 million from investors, including German carmaker Daimler and Saudi Arabia's Kingdom Holding..... Read more »

Posted on : 6/16/2017

Dubai's date trade amounts to $221.7m in 2016

Total date trade in Dubai amounted to $221.7 million in 2016, $85.1 million of which were exports, while $72.1 million were imports, and $64.5 million were re-exports..... Read more »

Posted on : 6/16/2017

Al-Futtaim launches Exhibition Logistics arm in Dubai

Al-Futtaim Logistics has officially launched its Exhibition Logistics services in Dubai, making its exhibition expertise, already well-known among Al-Futtaim group companies, open to the entire Middle East market..... Read more »

Posted on : 6/15/2017

Ahmed Bin Sulayem takes part in trade mission to Canada to bolster UAE trade ties

DMCC (Dubai Multi Commodities Centre) Executive Chairman Ahmed Bin Sulayem took part in a UAE trade delegation organised by Dubai FDI to Canada where UAE Officials visited the cities of Montreal and Toronto, in a bid to enhance further bilateral trade between the countries. .... Read more »

Posted on : 6/13/2017

QDB, Dubai Exports sign deal to promote trade, support SMEs

Qatar Development Bank (QDB), through its export arm, Tasdeer, signed a memorandum of understanding (MoU) for cooperation with Dubai Exports to facilitate business transactions, promote trade, and foster opportunities for greater commerce between the two countries..... Read more »

Posted on : 6/13/2017

Greece marble exporters eye UAE

Fascinated by its colour and symbolism, the Greeks, the Romans and the Byzantines used marble as both a structural and ornamental material in their public buildings. The ancient Greek sculptors (Pheideias, Polycleitos, Lycipos, Praxitelis) are famous for their spectacular works of architecture and art in marble. .... Read more »

Posted on : 6/13/2017