Browsing: UAE exports

According to the WTO’s “World Trade Outlook and Statistics” report, the UAE’s total foreign trade reached AED 5.23T (AED 5,230B) in 2024—marking a 49% increase from AED 3.5T (AED 3,500B) in 2021. This significant growth underscores the UAE’s strategic economic vision, cementing its role as the leading trade hub in the Middle East and Africa since 2014 and maintaining its place among the top 20 global trade centres.

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasised that the UAE, under the guidance of its visionary leadership, continues to uphold its strong standing on the international trade stage. This assertion aligns with findings from the latest World Trade Organisation (WTO) publication, World Trade Outlook and Statistics.

In a strategic move to empower UAE exporters and advance the nation’s economic diversification goals, the Abu Dhabi Exports Office (ADEX) has signed a US$ 235 million (AED 863 million) syndicated loan agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and Commercial Bank of Dubai (CBD) to support Trafigura, a market leader in the global commodities industry, to acquire commodities originating from the UAE. The agreement underscores ADEX’s commitment to strengthening the UAE’s position as a globally competitive trade hub while accelerating the country’s sustainable economic development.

Raja Al MazroueiCEO of Etihad Credit Insurance As the UAE’s Federal Export Credit Company, Etihad…

Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, highlighted the substantial role of the exports sector in driving sustainable development and boosting economic diversity and sustainability.

The UAE’s foreign trade reached a record $817 billion (AED 3 trillion) in 2024, expanding…

The UAE’s national economy continues to grow rapidly, reinforcing its position as one of the most dynamic economies regionally and globally.

UAE’s Robust Trade Performance in 2023 Dubai, UAE, July 7, 2024 — The UAE’s merchandise…

Abu Dhabi Fund for Development (ADFD) convened its inaugural meeting of 2024, with H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Vice Chairman of ADFD’s Board of Directors, presiding over the Executive Committee.