The value of Abu Dhabi non-oil foreign trade has reached AED80.23 billion through the emirate's outlets during the first five months of 2020.
That's according to the Abu Dhabi Customs, which detailed that the exports value reached AED23.20 billion, while the re-export value reached AED14.79 billion.
Meanwhile, importation reached a static growth to be AED42.24 billion.
The Kingdom of Saudi Arabia retained the first place of most trading countries with Abu Dhabi, where trading between both countries reached AED17.91 billion.
Pearl, precious stones, precious metals, and their manufactures topped the list of most exported non-oil goods with a value of AED6.27 billion, followed by common metals and their manufacture with a value of AED5.92 billion.
Transportation equipment was first on the re-export level with a value of AED5.59 billion, while machines, recording devices, and audio and visual broadcasting equipment came in first on the importation level at AED9.65 billion.
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has chaired a high-level coordination meeting in Dubai bringing together global shipping companies and industry associations to address challenges facing regional supply chains.
The 2026 edition of Arabian Travel Market (ATM), originally scheduled to take place from May 4-7 at Dubai World Trade Centre, will now take place from August 17-20, with the venue remaining unchanged.
The UAE’s Central Bank (CBUAE) approved, on Tuesday, a wide-ranging financial resilience package aimed at strengthening the banking sector and supporting the wider economy amid global and regional uncertainty.
Member countries of the International Energy Agency (IEA) could release more oil into the market later "as and if needed" after they have already agreed the largest-ever reserve release, Executive Director Fatih Birol said on Monday.