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FinancialNews


  • 27-12-17

    UAE: non-oil trade volume arrive at $213bn

    (MENAFN) The Federal Customs Authority (FCA) collected preliminary data which showed that between January and June this year, non-oil trade volume of UAE achieved $213 billion.

    Chief of FCA Ali Al Kaabi stated "the non-oil trade activity reflects an improvement in the UAE trade balance with many world countries and assures the confidence of traders and investors in the UAE economy."

    Direct non-oil foreign trade made up 68% of the general trade's total volume worth $145 billion, whereas free-zone trade formed 32% of the total worth $67 billion, based on the data.

    MENAFN2712201700450000ID1096277765

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