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Non-oil foreign merchandise trade through Abu Dhabi ports up 6.8%

Abu Dhabi / WAM The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 6.8% from AED156.2 billion in 2017 to AED166.9 billion in 2018, according to figures released Abu Dhabi Statistics Centre (SCAD). “This was the result of a 23.8% increase in non-oil exports from AED22.3 billion to AED27.7 billion, 20.7% increase in re-exports, and 0.7% ...

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Dubai attracts $21.6 billion FDI in technology sector in 3 years

Dubai attracts $21.6 billion fdi in high end tech transfers in 3 years copy

DUBAI / Emirates Business Dubai ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence (AI) and robotics; while the UAE ranked sixth in the global smart service index, surpassing the US, UK and South Korea. The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the ...

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DAE delivers 6 Boeing 787s to Gulf Air

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced that it has completed the delivery of six Boeing 787-9 Dreamliner aircraft to Gulf Air based on an aircraft lease agreement that was signed in November 2017 and were delivered between April 2018 and February 2019. FirozTarapore, Chief Executive Officer of DAE, said: “We are delighted to partner with Gulf Air ...

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