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UAE: Dubai's foreign trade grows 10% in Q1, says Sheikh Hamdan

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Dubai’s economy has once again proved its resilience and ability to recover quickly from the global repercussions of the Covid-19 pandemic by achieving double-digit growth in external non-oil trade during the first quarter of 2021.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, disclosed that Dubai’s foreign trade surged 10 per cent during the January-March 2021 quarter and reached at Dh354.4 billion compared to Dh323 billion in the same period last year.

Dubai’s first-quarter external trade rose five per cent if compared to same quarter in 2019, reflecting a rapid return to recovery and an ability to adapt to drastic changes in the international trade environment.

Dubai’s economy has once again proved its resilience and ability to recover quickly from the global repercussions of the Covid-19 pandemic by achieving double-digit growth in external non-oil trade during the first quarter of 2021.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, disclosed that Dubai’s foreign trade surged 10 per cent during the January-March 2021 quarter and reached at Dh354.4 billion compared to Dh323 billion in the same period last year.

Dubai’s first-quarter external trade rose five per cent if compared to same quarter in 2019, reflecting a rapid return to recovery and an ability to adapt to drastic changes in the international trade environment.


Read more : www.khaleejtimes.com


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