The UAE’s non-oil trade remains stable based on figures for the first nine months of 2015, compared to the same period in 2014. It reached AED 792 billion last year, with exports increasing by 25% and imports declining by 2% Exports reached AED 122 billion from January to September 2015, much higher than AED 97.3 billion from the same period in 2014. According to the Federal Customs Authority, gold has topped the list of exported goods with a value of AED 43.7 billion.
UAE-Russia services and investment agreement takes effect
An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
UAE backs closer tourism cooperation at BRICS meeting
The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit
A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war
The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
Hudayriyat Island tops Abu Dhabi property sales
Hudayriyat Island has topped Abu Dhabi’s real estate market in sales value for a second consecutive quarter.
