Dubai non-oil trade with African countries exceeded $326.6tn in last decade: Dubai Chamber President

  • 10/14/2021
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RIYADH: Dubai"s non-oil trade with African countries exceeded 1.2 trillion dirhams ($326.6 trillion) in the last decade, growing by more than 100 percent during that period, President of the Dubai Chamber Hamad Buamim told Asharq. This came on the sidelines of the Global African Business Forum, organized by the Dubai Chamber of Commerce, and held within the "Expo 2020". The number of African companies registered with the Dubai Chamber of Commerce and Industry doubled from 12,000 to 25,000 within 10 years, which was reflected in the trade between the two entities, he said. The inter-trade rose from 80 billion dirhams in 2011 to 180 billion dirhams in 2020, an increase of 119 percent on an annual basis, he said.

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