His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, confirmed that the country's non-oil trade achieved a qualitative leap during the first half of 2022, as it exceeded one trillion dirhams, recording a growth rate of 17% over the last half of the year 2021.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, "For the first time in the history of the UAE... Non-oil foreign trade exceeded the one trillion dirham barrier in just half a year... to reach one trillion and 58 billion dirhams, an increase of 17% over the previous half year... and to prove the state The UAE to the world is the return of the recovery of international trade after the most difficult pandemic that has passed through mankind...
His Highness added: "Our economic growth is progressive and solid, our trade environment is the best, our infrastructure is not matched by any country, and our economic approach is stable, fair and open to everyone... We give everyone the good news that the future is more beautiful... and that the growth of our economy aims to provide the best life for our people, God willing, .."
The UAE’s non-oil foreign trade continued its upward path, setting a new record in the first half of this year, amounting to one trillion and 53 billion dirhams, for the first time in its history, with a growth rate of 17% compared to the first half of 2021, and an increase of 25% and 35% compared to in the same period in 2020 and 2019 respectively.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, "For the first time in the history of the UAE... Non-oil foreign trade exceeded the one trillion dirham barrier in just half a year... to reach one trillion and 58 billion dirhams, an increase of 17% over the previous half year... and to prove the state The UAE to the world is the return of the recovery of international trade after the most difficult pandemic that has passed through mankind...
His Highness added: "Our economic growth is progressive and solid, our trade environment is the best, our infrastructure is not matched by any country, and our economic approach is stable, fair and open to everyone... We give everyone the good news that the future is more beautiful... and that the growth of our economy aims to provide the best life for our people, God willing, .."
The UAE’s non-oil foreign trade continued its upward path, setting a new record in the first half of this year, amounting to one trillion and 53 billion dirhams, for the first time in its history, with a growth rate of 17% compared to the first half of 2021, and an increase of 25% and 35% compared to in the same period in 2020 and 2019 respectively.
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