Signalling Expanding Ties Between Businesses In Ukraine And Dubai

Signalling expanding ties between businesses in Ukraine and Dubai, the trade figures were recently revealed at the 5th National Export Forum in Kiev, Ukraine, where representatives from Dubai Chamber of Commerce and Industry’s Azerbaijan office delivered an informative presentation covering Dubai’s economy and business environment, as well as the various competitive advantages that the emirate offers exporters in different regions of the world..... Read more »

Posted on : 7/4/2019

UAE exports to Tanzania building trade and investments

It is well known that UAE is Tanzania’s primary trade and investment partner among the countries that make up the Gulf Cooperation Council (GCC), which is closely followed by Oman. The Tanzanian embassy opened its doors in Abu Dhabi back in 2002, while the UAE in 2007 reciprocated by opening its embassy in Dar es Salaam. Also Dubai hosts the Consulate Office of the United Republic of Tanzania..... Read more »

Posted on : 7/2/2019

UAE market bullish on export trade partnerships

Recent economic and trade monitoring data indicated that value of non-oil foreign trade in the UAE reaching nearly Dh1.63 trillion in 2018, increasing slightly from the Dh1.61 trillion in 2017. Federal Customs Authority (FCA) figures suggest that within non-oil trade, the value of exports rose by 1.8 per cent to Dh212 billion while re-export reached Dh478.4 billion..... Read more »

Posted on : 7/2/2019

Dubai Regulatory Committee Formed For Petroleum Products Trade

Crown prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has issued a resolution forming the Dubai Regulatory Committee for Petroleum Products Trading. It will report directly to the Supreme Council of Energy which will involve representatives from public and private sector groups..... Read more »

Posted on : 6/27/2019

Dubai's Emirates National Oil Company Won $Us690 Million Funding from China

Dubai’s Emirates National Oil Company declared that it has bagged US$690 million in funding from a Chinese bank consortium. The funding came from a consortium including Industrial and Commercial Bank of China, the Agricultural Bank of China, and China Construction Bank, which will help ENOC finance its general corporate activities..... Read more »

Posted on : 6/27/2019

Uber Starts Volvo Self Driving Car

Uber has now started a vehicle with self-driving abilities. The self-sufficient car will have traditional controls like brake pedals and steering wheels. It is designed for use by computers rather than humans..... Read more »

Posted on : 6/26/2019

Five new Salik services added to Dubai Drive app by the RTA

The Roads and Transport Dubai (RTA), owners of used cars Dubai,just made your life more easier.As per a recent announcement now you get five Salik services on the Dubai Drive app by the RTA. These services include opening a Salik account as well as fine payment along with other services..... Read more »

Posted on : 6/26/2019

Chinese Fund Gets 49% Stake in ACWA Power's Renewable Energy Unit

Silk Road Fund (SRF), a state-owned investment fund of the Chinese government, has achieved an agreement with Saudi-based Acwa Power to buy 49 per cent of the shares in its renewable energy platform..... Read more »

Posted on : 6/25/2019

The balance of trade volume between India and the UAE is now worth $57 billion

Indian Prime Minister Narendra Modi met with Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and Dr Ahmed Al Banna, UAE Ambassador to India, in January 2019..... Read more »

Posted on : 6/21/2019

Middle East has topped as Uganda's number one destination for the country's exports

Export earnings from South Sudan recorded an increase to Shs153b from Shs138b earned in February. Uganda's export revenue from Middle East grew to Shs990b up from Shs290b in February. Middle East has topped Comesa as Uganda's number one destination for the country's exports for the month ended March, as reported by a Bank of Uganda..... Read more »

Posted on : 6/7/2019