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Dubai non-oil foreign trade hits AED952bn

  DUBAI / WAM Dubai’s non-oil foreign trade reached AED952 billion in first nine months of 2016. Imports had the lion’s share at AED 594 billion, while exports and re-exports accounted for AED109 billion and AED 249 billion, respectively, according to official figures. Dubai saw a 11 percent surge in the total volume of traded goods in the first nine ...

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Musanada to hand over four schools in Al Ain by next April

  ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, said that it will complete and hand over 4 schools in Al Ain city to Abu Dhabi Education Council (ADEC) by next April, well ahead of the start of the new academic year 2017-2018. This forms part of Musanada’s efforts to realise the vision of Abu Dhabi plan, and ...

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How Trump could fuel a global trade boom

  Far from jolting the US into a protectionist lurch, might President-elect Donald Trump unwittingly help buoy global trade next year? Here’s one scenario to mull over: A strong dollar and a tight US labour market, combined with Trump’s proposed fiscal plans, may fuel a rise in net US imports in 2017, a boon for commodity exporters and goods manufacturers ...

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