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Dubai Customs records 7mn transactions in Q1 of 2023

DUBAI / WAM The foreign trade sector in Dubai is actively pursuing the goals outlined in the Dubai Economic Agenda D33. This initiative was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, with the objective of doubling Dubai’s economy over the next decade and solidifying its ...

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UAE, India’s second biggest export destination

NEW DELHI / WAM The UAE continues to be the second most important export destination for India, according to annual trade figures released by the Ministry of Commerce and Industry. The US and the UAE retained the first and second places respectively in this category during the financial year 2022-23, the ministry’s figures showed. The figures for the year were ...

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Opec Fund, EBRD step up delivery with new pact

VIENNA / WAM The Opec Fund for International Development (the Opec Fund) and the European Bank for Reconstruction and Development (EBRD) are stepping up their delivery of support for development and transition with a new Cooperation Agreement. The institutions signed the document during the World Bank/IMF Spring Meetings in Washington and committed to build a strong pipeline of bankable projects ...

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