Dubai?s Foreign Trade Reaches AED 298.1 Billion In Q1 2012, Marking 6.6 Per Cent Growth

Dubai?s non-oil foreign trade has achieved 6.6 per cent growth during the first quarter of 2012, amounting to over AED 298.1 billion, compared to AED 279.7 billion achieved in the first quarter of last year, according to latest statistics released by Dubai Customs.

Ahmed Butti Ahmed, Executive Chairman of Ports, Custom and Free Zone Corporation, Dubai Customs Director General, said, “The continued growth in Dubai?s foreign trade reflects the strength and resilience of the UAE economy, thereby affirming the wise approach adopted to support economic diversity.” He further explained that the statistics presented include non-oil direct trade, free zone trade and customs warehouses. The Dubai Custom?s top official shared that the growth of Dubai?s trade flow with countries from different parts of the world can be widely attributed to the implementation of several economic, tourism and construction projects, which also includes the development of modern infrastructure like customs facilities at ports and airports and the provision of more advanced services.

via Dubai?s Foreign Trade Reaches AED 298.1 Billion In Q1 2012, Marking 6.6 Per Cent Growth – Dubai City Guide.

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