The value of Abu Dhabi non-oil foreign trade has reached AED80.23 billion through the emirate's outlets during the first five months of 2020.
That's according to the Abu Dhabi Customs, which detailed that the exports value reached AED23.20 billion, while the re-export value reached AED14.79 billion.
Meanwhile, importation reached a static growth to be AED42.24 billion.
The Kingdom of Saudi Arabia retained the first place of most trading countries with Abu Dhabi, where trading between both countries reached AED17.91 billion.
Pearl, precious stones, precious metals, and their manufactures topped the list of most exported non-oil goods with a value of AED6.27 billion, followed by common metals and their manufacture with a value of AED5.92 billion.
Transportation equipment was first on the re-export level with a value of AED5.59 billion, while machines, recording devices, and audio and visual broadcasting equipment came in first on the importation level at AED9.65 billion.
US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs.
The Abu Dhabi Fund for Development (ADFD) has announced the launch of the “Sofitel Legend Pyramids Giza” project, a luxury five-star hotel intended to be a landmark addition to the hospitality and tourism sector in Egypt.
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.