Tuesday 21 May 2013
 
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foreign trade

Kuwait trade surplus hits record $75bn in 2012

Kuwait’s trade surplus reached an all-time high of KD25.9 billion ($74.5 billion) in 2012, surpassing the previously set record level of KD21.2 billion in 2011, a report said. The surplus, estimated at around 53 per cent of

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Dubai’s 10-month foreign trade hits record $272bn

Dubai's foreign trade volume rose 13 percent to a record 1.0 trillion dirhams ($272 billion) in January-October, data from the emirate's customs office showed on Wednesday. The emirate of Dubai accounts for around three quarters

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Top Chinese firms for Sharjah agri expo

Hundreds of leading Chinese agriculture companies, chemicals, fertilizers and equipment makers and promoters of latest farming techniques are taking part in the ongoing China Agriculture Expo in Sharjah. The agriculture expo is be

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Dubai economy up 4.1pc in H1, stays strong

Dubai's economy expanded 4.1 per cent from a year earlier in the first half of this year, official data showed on Monday, indicating the Gulf's main trade and financial hub is holding up well in a weak global environment.

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Dubai foreign trade hits Dh1 trillion milestone

Dubai's foreign trade volumes surged 22 per cent in 2011 to hit the Dh1 trillion ($272.2 billion) landmark for the first time in its history compared to Dh902 billion the previous year, said a top government official. Announcing the re

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Arab unrest triggers 32pc fall in UAE’s Q1 trade

UAE's trade with the five countries affected by the Arab Spring has dropped by 32 per cent in the first quarter of the year as against the same period of 2010, said a report. Among the countries affected by the unrest, Libya recorded t

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China to stimulate domestic demand

China plans to stimulate domestic demand and reduce its foreign trade surplus to encourage balanced trade growth, premier Wen Jiabao said during the British leg of a visit to Europe. He made the comments during a tour of the Chinese-owned

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Oman Nov export growth at 1-year low of 1.9pc

Oman's exports growth slowed to a one-year low of 1.9 per cent year-on-year in November, while imports accelerated slightly, data from the sultanate's government showed on Sunday.-Reuters

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Dubai trade rises 19pc to $129bn

The value of Dubai's trade rose 19 per cent during the first 10 months of 2010 to Dh475 billion ($129.3 billion), compared to Dh400 billion in the same period in 2009, data showed. The emirate's direct exports rose 3

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India is top exporter to UAE

India, China, US and Japan have topped the list of exporting counties to the UAE in March, with a total export value of Dh24.6 billion - 60 per cent of the total value of the country's imports. Germany, UK, Italy, Switzerland, France a

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