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FinancialNews


  • 11-09-13

    Foreign trade reaches USD184.8 b in Dubai

    (MENAFN) Foreign trade in Dubai jumped to USD184.8 billion during the first six months of the current year reaching 16 percent growth, according to Khaleej Times. Exports rose 22 percent during the same period reaching USD22.8 billion compared to USD18.8 billion last year. However, the imports rate increased 16 percent reaching USD110.5 billion compared to USD95 billion during the same months last year. Dubai Media Office said: "This steady growth reflects the ability of foreign trade to benefit from buoyancy in other sectors. For instance, the significant growth of the tourism sector has subsequently contributed to the growth of trade, as the number of tourists who visited Dubai in the first half of 2013 increased by 11 per cent to reach 5.5 million tourists. This follows the record growth in 2012, with 10 million tourists and a 9.3 per cent annual growth rate compared to 2011."

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