Browsing: Business & Trade

Abu Dhabi’s non-oil foreign trade grows by 12%, with Saudi Arabia, Switzerland and the US as the emirate’s top trading partners.

AD Ports and Hong Kong operator and port investor Hutchison Ports will work together to expand operations across the GCC, Asia and Africa.

Kenya and the UAE have begun discussions around the creation of an agreement to bolster trade and investment.

Backed by local and international capital, Cartona seeks to “turbo charge” expansion.

Bilateral trade between South Africa and Qatar reached USD 177.4 million in the first half of 2022, according to South Africa’s ambassador to Qatar, Ghulam Hoosein Asmal.

GCC trade with Egypt continues to increase, with Egypt exporting USD 4.5 billion to the GCC.

Dubai has ranked fifth among leading global ports in the ISCD Index thanks to investment in infrastructure and business diversification.

Global trade is up by approximately 15% in Q1 2022, reaching a value of USD 7.7 trillion, according to a report by the UN, but will soon slow.

The UAE ranked as the second most important international commodity hub, while South Africa and Nigeria ranked ninth and tenth respectively.

Abu Dhabi Exports Office opens a USD 20 million line of credit to the ECOWAS Bank for Investment and Development to bolster trade and strategic cooperation.