Saturday 29 December 2012

UAE trade to reach Dh3.60tr in 2012 | GulfNews.com

  • Image Credit: MEGAN HIRONS MAHON/Gulf News
  • The overall trade values have grown further during the second half of 2012 and is expected to reach Dh3.60 trillion, increasing by 15 per cent by year-end
The UAE non-oil Foreign Trade witnessed a tangible improvement during 2012. It is expected to grow by 15 per cent amounting to Dh3.60 trillion according to year-end results, Abdul Rahman Al Saleh, Undersecretary of the Ministry of Foreign Trade, told Gulf News.
“The total value of UAE’s non-oil foreign trade in the first half of 2012 touched Dh718.4 billion compared to Dh646.6 billion for the same period in 2011, recording an increase by Dh71.7 billion, up by 11.1 per cent,” he said.
However, the overall trade values have grown further during the second half of 2012 and is expected to reach Dh3.60 trillion, increasing by 15 per cent by year-end, Al Saleh said.

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