Friday 21 September 2018
 
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WTO

Tourism sector adds $42bn to UAE’s GDP in 2017

The total contribution of travel and tourism to UAE’s GDP was Dh154.1 billion ($41.9 billion), reflecting 11.3 per cent of the country’s GDP in 2017 and is forecast to rise by 4.9 per cent in 2018, said a top government official.

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UAE gets top WTO global export rankings

The UAE has continued its lead in the Arab, Middle Eastern and African regions in global export rankings, at 15th place, up by four places, according to a recent report by the World Trade Organization (WTO). The UAE ranks only beh

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Global trade growth likely to stay strong at 4.4pc: WTO

Global trade is expected to remain strong, with the merchandise trade volume growing 4.4 per cent in 2018 and 4.0 per cent in 2019, said Roberto Azevedo, director-general of the World Trade Organisation (WTO). The continued expans

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WTO calls for global effort to beat protectionism

The world needs to unite and revive global economic cooperation, liberalisation and growth, to defeat trade protectionism and rising threat of a trade war, said officials at the Annual Investment Meeting in Dubai, UAE.  &ldqu

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Bahrain to implement tourism statistics programme

The Bahrain Tourism and Exhibitions Authority (BTEA) has signed a Memorandum of Understanding (MoU) with the Information & eGovernment Authority to implement the third phase of the ‘Tourism Statistics Development’ programme in li

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WTO cuts 2016 world trade growth forecast to 1.7pc

The World trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States. The new figure of 1.7 percent, d

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WTO cuts 2016 world trade growth forecast to 1.7pc

The World trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States. The new figure of 1.7 percent, d

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WTO sees sluggish world trade growth in Q3

The World Trade Organization (WTO) on Friday forecast sluggish trade growth in the third quarter of 2016 as it published a quarterly trade barometer for the first time. The World Trade Organization Index (WTOI) showed a current re

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Free zone firms 'must bring value to each other'

Free zones will need to be more integrated and collaborative in their approach and open their doors to global talent, investments and technologies, according to experts attending the World Free Zone Organization’s second annual internation

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UAE ratifies WTO’s Trade Facilitation Agreement

The UAE has ratified the World Trade Organisation’s (WTO) Trade Facilitation Agreement and has confirmed its acceptance, becoming the first Arab country to do so, said a report. Sultan bin Saeed Al-Mansouri, Minister of Econ

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