Dubai: AED31.8 Billion Auto Spare Parts Trade Generation

Dubai's Jebel Ali Port has appeared as the UAE's topmost hub for the used cars sector, making some AED31.8 million in automotive spare parts trade, disclosed DP World UAE Region. As per the company, the Emirate of Dubai has tested to be the preferred trade hub in the region for the automotive and spare parts sector, with Jebel Ali Port accounting for 78 % of the country’s used car imports. It experienced that Jebel Ali Port saw 54 % of the regional throughput, while Jebel Ali Free Zone, Jafza, accounted for 48 % of Dubai’s total trade value with over 550 companies in over 60 countries for the sector in 2018..... Read more »

Posted on : 9/13/2019


Trade gets a boost as the African Continental Free Trade Agreement officially comes into force

Leaders in Africa has successfully the continental free-trade zone under African Continental Free Trade Area (AfCFTA) which would help unite 1.3 billion people, pave way for a $3.4 trillion economic bloc and bring in a new era of development in the continent..... Read more »

Posted on : 9/13/2019


Careem Introduces New Dubai Taxi Startup Hala

Dubai’s Roads and Transport Authority (RTA) has declared the official launch of its joint venture with ride-hailing company Careem, joining world-class technology with its market knowledge..... Read more »

Posted on : 9/12/2019


Digital Textile Printing Market Is Expected To Touch Dhs20 Billion By 2023

Due to the growing social media revolution every individual is currently looking at wearing something new in each of their individual social posts. Similar trends are visible in the home furnishing industry as well. Such trends are only going to grow further and this will significantly propel the demand in the upcoming years..... Read more »

Posted on : 9/10/2019


Khalifa Industrial Zone Abu Dhabi (KIZAD) Has Signed A Strategic Agreement With The All India Plastics Manufacturers' Association (AIPMA)

Ahead of Prime Minister Narendra Modi's visit to the UAE, Abu Dhabi Ports subsidiary Khalifa Industrial Zone Abu Dhabi (KIZAD) has signed a strategic agreement with the All India Plastics Manufacturers' Association (AIPMA) to support Indian polymer investors in developing their geographic reach..... Read more »

Posted on : 9/10/2019


Saudi Arabia to Achieve Top Oil Supplier's Position after Reliance Deal

Saudi Arabian Oil Co (Aramco) buying a 20 per cent stake in Reliance Industries' oil-to-chemical business will assist it recapture the position of being the biggest supplier of oil to the world's fastest-growing oil market..... Read more »

Posted on : 9/9/2019


Qatar Signs LNG Services Agreement at Belgium Terminal

Affiliates of Qatar Petroleum and the Belgian independent natural gas transport company Fluxys Belgium have signed a long-term agreement for LNG unloading services at the Zeebrugge LNG Terminal..... Read more »

Posted on : 9/9/2019


Dubai Chamber Of Commerce And Industry Was Joined By More Than Two Thousand Indian Firms

It was stated by the business body that the Dubai Chamber of Commerce and Industry was joined by more than two thousand Indian firms as the new members in the first half of this year, resulting in an increase of 18 percent as compared with the number of firms in the same period of last year..... Read more »

Posted on : 9/2/2019


Dubai Is Making It A Step Closer To Achieve Its Target Of Attracting 500,000 International Health Tourists By 2021

Dubai Health Authority (DHA) said following an analysis released by the Dubai Chamber of Commerce and Industry on health tourism that Dubai attracted 337,011 international health tourists last year, making it a step closer to achieve its target of attracting 500,000 by 2021. .... Read more »

Posted on : 9/2/2019


Dubai Industrial Strategy 2030 goals meet major export targets

The export promotional agency of Dubai, Dubai export, has successfully implemented 60% of its design initiatives to support the first phase of Dubai Industrial Strategy 2030. In a recent meeting on developing export and industrial growth, Dubai exports have reviewed the overall outcomes of the first phase initiatives..... Read more »

Posted on : 8/31/2019