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SMEs drive 47% of Dubai’s GDP

DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED) in Dubai, mandated to develop the Small and Medium Enterprise (SME) sector, in conjunction with the Dubai Statistics Centre, released a new study on the local SME sector as part of Dubai SME Development Plan (SMDP), which is part of the Dubai Plan 2021. The study ...

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SEDD and Shams boost cooperation

SHARJAH / WAM Sultan Abdullah Al Suwaidi, Chairman of the Sharjah Economic Development Department (SEDD) received Dr Khalid Omar Al Midfa, Chairman of Sharjah Media City, Shams, and Shehab Ahmed Al Hammadi, Shams Director-General. The meeting discussed means of cooperation and mutual work for the benefit of investors. SEDD chairman said the meeting is important for enhancing cooperation and speeding ...

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UAE-Vietnam trade reaches $9bn

ABU DHABI / WAM The value of foreign trade between the UAE and Vietnam, including free zones trade, totalled nearly $9 billion in 2017, with exports accounting for around $324 million, re-exports around $282 million, and imports for around $8.4 billion. An analytical study, titled, “The Reality of the Foreign Trade between the UAE and the Socialist Republic of Vietnam,” ...

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