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FinancialNews


  • 15-09-13

    Trade between Dubai and Iran shrank 31 pct in 2012

    (MenaFn) Dubai customs authority said that trade between Dubai and Iran shrank by a third last year, mentioning that the US financial sanctions have affected the Iranian and the world's business, according to Arabian Business. Dubai is considered a major hub for Iran and a major channel for goods and imports. The two-way trade between Dubai and Iran 31 percent decline of USD6.8 billion in 2012, compared to USD9.8 billion in 2011, stated the Director General of Dubai Customs, Ahmed Butti Ahmed.

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