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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
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THE ECONOMY - TRADE
 ADCCI, Switzerland discuss economic cooperation
Posted on 22/07/2008
Swiss Ambassador to UAE Wolfgang Amadeus Bruelhart, lauded level of services provided by the Abu Dhabi Chamber of Commerce and Industry (ADCCI) to investors and businesspersons. "There are many Swiss Companies interested to invest in Abu Dhabi emirate alongside the existing ones", he added, indicating that the Swiss companies get support from competent authorities in the emirate, particularly from the ADCCI.
He said that the Swiss companies and businesspersons were looking forward to
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![]() UAE's non-oil foreign trade hits Dh1.8 trillion in five years
Posted on 17/07/2008
UAE's non-oil foreign trade reached about Dh1.8 trillion during the period from 2003 to 2007, according to the Federal Customs Authority. Imports accounted for Dh1.2 trillion while exports and re-exports stood at Dh3.1.billion and Dh3.4 billion respectively. According to Mohammed Khalifa bin Fahd Al Muhairi, Director General of the Federal Custom Authority, UAE foreign trade by value rose by 109%, that is, from Dh3.209 billion in 2003 to Dh563 billion in 2007. This translates to Dh353.7
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 Abu Dhabi’s foreign trade grows 28.4pc in H1 2008
Posted on 16/07/2008
Abu Dhabi ‘s foreign trade grew 28.4 per cent to Dh46.641 billion in the first half of the year, against Dh36.336 billion in the corresponding period, as emirates emerges as an alternative trading hub in the region. According to latest figures tabulated by Abu Dhabi Customs, imports during the first half of 2008 reached Dh40.145 billion compared to Dh30 billion, in the same period in 2007, an increase of 31 per cent. The three nations led by Saudi Arabia, Japan and USA were top exporters to
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![]() UAE team tours EU countries to bolster joint cooperation in exports control
Posted on 07/07/2008
A UAE delegation is currently visiting Germany and a number of EU countries to get first hand information about exports control mechanisms and energize joint customs cooperation. The tour, which comes amid growing trade exchange between the UAE and EU, a major trade partner, aims at boosting joint cooperation and coordination in areas of customs and exports control regimes.
Trade exchange between the UAE and Europe reached Dh157 billion last year with UAE imports accounting for Dh132 billion
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 UAE takes part at Asian International Investment, Property Show 2008
Posted on 26/06/2008
The first Asian International and Property Show 2008 kick started in Korean capital Seoul Wednesday, with huge participation from UAE, Europe, USA and Canada. The conference, which will be held from June 25-27, aims at boosting international investment cooperation in property development areas in Asia, which is currently experiencing qualitative shift in regard to investment volumes.
The event was inaugurated by UAE Foreign Trade Minister Sheikha Lubna Al Qasimi and Senior Korean officials.
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![]() UAE investments in Algeria to reach US$50b
Posted on 25/06/2008
UAE Minister of Economy (MoE) H.E. Sultan bin Saeed Al Mansouri has predicted that the country's investments in Algeria will reach US$ 50 billion within the few coming years. Al Mansouri made the remarks after the opening session of the 6th UAE-Algerian Joint Commission meeting being held from June 24 to June 25, 2008, in Algiers, Algeria. He said that the UAE committee members discussed with their Algerian counterparts means to expand cooperation and joint investments in industry, services,
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 UAE Foreign Trade Minister to join AIPIS opening ceremony
Posted on 23/06/2008
Sheikha Lubna Al Qasimi, Minister of Foreign Trade of the United Arab Emirates, is scheduled to participate in the opening ceremony of the Asian International Investment '&' Property Show (AIPIS), which will open on June 25 at the COEX in Seoul for a three-day run, along with members of diplomatic corps accredited to Seoul including UAE Ambassador to Korea Abdulla Al-Maainah and senior officials of Korean government and business leaders here.
Organized by Index Holdings in cooperation with
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 Lubna, Japanese delegation discuss joint cooperation
Posted on 19/06/2008
UAE Foreign Trade Minister HE Sheikha Lubna Al Qasimi, discussed yesterday at the ministry in Abu Dhabi means of upgrading bilateral economic ties with the visiting Japanese delegation headed by Japanese Deputy Finance Minister. She stressed the significance of bolstering relations between the two countries, particularly in commercial, investment, industrial and renewable energy areas, citing qualitative steps scored by the UAE in the sector of clean energy when it set up Masdar Company.
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![]() Emirates has lowest trade barrier in GCC
Posted on 19/06/2008
The UAE has the lowest trade barrier among the Gulf countries with an average tariff of 2.96 per cent under the most favoured nation status agreements, the World Bank said in its World Trade Indicators. The UAE has been ranked 13th in the bank's Trade Tariff Restrictiveness, above some of the major global economic powers such as Canada, Australia, Malaysia and other Gulf Co-operation Council countries. None of the other GCC states could make it to the top 20 list.
Hong Kong and Singapore
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 UAE scores in trade enabling
Posted on 19/06/2008
The UAE tops the region in The Global Enabling Trade Report 2008, which aims to present a cross-country analysis of the large number of steps facilitating trade.
Released yesterday by the World Economic Forum for the first time and covering 118 economies worldwide, the report ranks East Asian economies Hong Kong and Singapore as the global top two, followed by Sweden and Norway. Canada, Denmark, Finland, Germany, Switzerland and New Zealand complete the listing of the top 10 countries. The UAE
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 Sharjah reports record growth in foreign trade
Posted on 17/06/2008
Sharjah's foreign trade saw record growth in 2007, reporting a growth rate of 47.5 percent over the previous year, amounting to Dh 43.5 billion in revenues - a significant increase in the average annual growth reported between 2003 and 2006.
Sharjah Economic Development Department (SEDD) attributed this growth to the increased revenues resulting from import and re-export activity. Import revenues jumped 41.3 percent to Dh 26.7 billion in 2007, up from Dh 16.8 billion in 2005 and Dh 18.9
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 Dubai free zones post Dhs96b non-oil foreign trades in '07
Posted on 17/06/2008
During the seminar, attended by more than 70 Jafza companies, DEDC and Jafza revealed that in 2007, Dh96.1 billion total exports and re-exports were obtained from Dubai's free zones compared to Dh82.6 billion in 2006.
Jebel Ali Free Zone (Jafza) companies have contributed 77.60 per cent in the 2007 non-oil foreign trades through Jafza, reaching Dhs74.6 billion. This is a 29.4 per cent increase compared to Dh57.6 billion in 2006, revealed during the seminar conducted by the Dubai Export
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![]() UAE traders importing rice from Thailand
Posted on 15/06/2008
Traders in the United Arab Emirates are securing more rice supplies from Thailand, causing its rice exports to soar by 135 per cent.
Thai Consul-General Pasan Theparak told Khaleej Times that from January to April this year, UAE imports had reached US$19.4 million or an increase of 135 per cent as compared to only US$8.3 million during the corresponding period last year.
Earlier, Gulf food importers were quoted as saying that they would not wait for India to lift its export ban on rice,
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 7th Session of UAE-German Joint Commission kicks off in Berlin
Posted on 10/06/2008
Minister of Economy of the United Arab Emirates (UAE) Eng. Sultan Al Mansouri said both Germany and UAE are interested in exploring ways for mutually beneficial cooperation. This, he added, is particularly evident in the large number of bilateral cooperation agreements that were signed in recent years including, inter alia, the encouragement and protection of business and investment, prevention of double taxation, and a Memorandum of Understanding in the fields of economy, trade and technical
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![]() UAE to transfer Dh169.2m as customs tariff
Posted on 09/06/2008
The Federal Customs Authority in the UAE has completed measures to transfer the equivalent of Dh169.2 million to other GCC countries.
The amount represents the value of customs tariff levied on goods that entered those countries via customs outlets in the UAE, said Director-General Mohammed Khalifa bin Fahad Al Muhairi.
This brings to Dh1.315 billion the total of customs tariff transferred by the authority over the period January 1, 2003 until the end of 2006.
Al Muhairi said the total value
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