The UAE was ranked the 11th biggest clothing importer in 2012, according to the ‘International Trade Statistics 2013’ report by the World Trade Organisation (WTO).
Its imports totalled to $4 billion, constituting 0.8 p
Bilateral trade between the UAE and China hit $21.4 billion during the first half of the year, up nearly 14 per cent compared to the same period in 2012, according to a study.
China’s exports to the UAE stood at $15.4 billio
The export of beans from Brazil to the Arab countries has surpassed $5.52 million for the first seven months of this year, increasing by 276 per cent over the same period last year, according to a report.
Egypt accounted for
Imports of writing paper in the UAE nearly doubled to Dh1 billion ($272.2 million) in 2011, compared to Dh446 million in 2007, said recent statistics.
The figures represent more than a tenth of the total paper imports, making writ
The value of food consumption in Saudi Arabia will reach $70 billion in the next four years due to increasing population, which accounts for 70 per cent of the GCC's total population, said a report.
The country is expected to
Gold edged higher on Thursday as investors looked for bargains after a sharp drop in the previous session, but it stayed below the key level of $1,400 an ounce as upbeat US data dented its appeal as an alternative investment.
Egypt has scrapped emergency import tariffs on raw and white sugar, it said in a filing to the World Trade Organization.
Egypt said in December it had imposed a "provisional safeguard measure" of 17 per cent of the CIF v
India's imports of Iranian crude plunged by three quarters in July from June, tanker arrival data obtained by Reuters showed, as the country's only active importer in the past two months curbed buying.
The cut in Essar Oil
China will need to spend $500 billion a year on foreign crude oil by 2020, with the country likely to overtake the US as top oil importer by 2017, energy consultancy Wood Mackenzie said in a report published on Tuesday.
China has halted imports of all New Zealand milk powder, New Zealand's trade minister said on Sunday, after bacteria that can cause botulism found in some dairy products raised food safety concerns that threatened its $9.4 billion annual dai