Unrest across the Middle East and increased scrutiny over exports to Iran are unlikely to impact trade through the regional hub Dubai, and volumes are expected to rise 16 per cent in 2011, the emirate's customs head said.
Trade volumes in Dubai, a key trade and tourism gateway to the UAE and wider Gulf region, climbed last year on easing concerns about Dubai's restructuring and the global recovery.
"We expect non-oil direct trade to reach Dh1.2 trillion ($327 billion) in 2015. That is an average growth of 16 per cent per year," Ahmad Butti, director general of Dubai Customs, told Reuters in an interview on Sunday.
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