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FINANCIAL NEWS
Dubai’s exports to Saudi increase 7 percent in March
09 Apr 2014
(MENAFN) Dubai has exported as much as USD2.4498 billion worth of commodities to Saudi Arabia in March 2014 alone, according to Arab News.
Dubai’s exports in March boosted by 7 percent compared to February 2014 to reach USD6.941 billion, while year-on-year increase reached 5 percent compared to March 2013.
The GCC was the largest export destination with total export to the region reaching AED15.8 billion, with Saudi Arabia taking 57 percent of the total GCC export.
Kuwait was the kingdom’s biggest exporter with exports of USD489 million representing a growth of 23 percent compared to February and 10 percent year-on-year.
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