UAE’s non-oil foreign trade up 27 pct to $517 bln in 2021, says Dubai Ruler

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The United Arab Emirates recorded a 27 percent year-on-year jump in its non-oil foreign trade to 1.9 trillion dirhams ($517 billion) in 2021, Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum said on Sunday.

The Emirates said in October that non-oil foreign trade rose by 27 percent in the first half of last year to 900 billion dirhams.

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UAE Minister of State for Foreign Trade Thani Al Zeyoudi said on Sunday this “record single-year leap... pushes our trade activity beyond pre-COVID levels.”

“Our goal is to double this figure in the next few years. This will be achieved through a bold trade agenda that includes comprehensive agreements with key markets... We look forward delivering even better results in 2022.”

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