Dubai’s non-oil foreign trade with the rest of the world grew 38 per cent in 2008 to AED934.7 billion compared to AED678.5 billion in 2007.
The figures released by Dubai World’s Statistics Department highlighted growth in trade by AED256.2 billion.Commenting on the strong growth, Saeed Al Qaizi, Director of Procurement, Contracts and Statistics, Dubai World, said that Dubai’s total foreign trade has maintained its steady growth pattern in 2008, reflecting the emirate’s basic economic strength. “Even during times of global economic fluctuations, Dubai has stayed on course of positive growth. A close study of the trade trend over the past 10 years shows that this pattern will continue in the coming years and Dubai will remain the leading trading hub in the region,” he noted.
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