The export and re-export sector in Dubai with other GCC countries rose by 51 per cent in 2012. Saudi Arabia proved to be the largest export market for Dubai, a study released yesterday by Dubai Chamber of Commerce and Industry said.
Exports and re-exports of the Dubai-Chamber members to GCC countries reached a total of Dh136.7 billion last year. This marked a 51 per cent growth when compared to 2011.
Saudi Arabia value of Dubai exports was clocked at Dh71.6 billion, accounting for 27 per cent of the total value of Dubai exports and 52 per cent of the total export to the GCC region. “As we see a promising opportunities in Saudi market, Dubai Chamber will set up its representative office in Saudi Arabia soon this year to promote the businesses between the two countries,” said Hamad Bu Amim, Director General of Dubai Chamber.
Dubai export with GCC up sharply by 51% | GulfNews.com
No comments:
Post a Comment