The value of Dubai's non-oil foreign trade in the first half of 2020 recorded about 551 billion dirhams, distributed into imports worth 320 billion dirhams, exports worth 77 billion dirhams and re-exports worth 154 billion dirhams.
According to the Emirates News Agency, the amount of goods in Dubai's foreign trade during this period reached 44 million tons, distributed by 30 million tons of imports, 8 million tons of exports, and 6 million Tons for re-export.
Sultan Ahmed Bin Sulayem, Chairman and CEO of Dubai Ports World Group and Chairman of the Ports, Customs and Free Zone Corporation, said: Trade continues to play its role as an important tributary to diversifying the economic structure of the emirate While the foreign trade sector during the Covid-19 pandemic showed great flexibility and high readiness in dealing with the crisis and provided the best facilities and services for global trade to help it pass this difficult phase with the least losses, while the Dubai government provided several packages for trade and economic stimulus in implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, may God protect him, to give an example in dealing with crises with the aim of overcoming them and completing the comprehensive economic development process with great confidence and optimism for the future.
Ibn Salim explained: The foreign trade sector during the first half of this year, which was the height of the current global crisis, proved its ability to achieve an advanced level of performance despite the challenges. The list that most of the world’s economies are suffering from, due to its great flexibility in dealing with global markets and transferring its operations very quickly to the markets less affected by the economic crisis in order to maintain a large volume and high value of trade exchange with the countries of the world, enabling it to start again and with great strength Once the repercussions of the global economic crisis recede.
and indicated to continue work in light of the strategic goals set ... and said: Development processes are continuing for all parties affiliated with the Ports, Customs and Free Zone Corporation to be at the highest levels of readiness that enable them to Continuously enhancing its performance in support of Dubai's progress and economic growth, and we have benefited to the fullest extent from the work experience in light of precautionary measures to prevent the spread of the Covid-19 epidemic, and we learned a lot from it in terms of the necessary development during the next stage in work style and performance methods, especially in the field of using modern technology and applications Smart information technology and artificial intelligence in performing all our tasks with high efficiency and with the best level of achievement and distinction.
increase customs transactions
Ahmed Mahboob Musabih, Director General of Dubai Customs confirmed that foreign trade has benefited from the implementation of economic stimulus packages and the development of customs services. He said: Despite ...
