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FINANCIAL NEWS
Exports of gold in the UAE increased 61 percent
15 Sep 2013
(MENAFN) Federal Customs Authority (FCA) reported that the non-oil exports in the UAE grew 61 percent during the first nine months of 2012 after the huge amount of gold sale, Arabian Business.com reported.
Total foreign non-oil trade, went up USD 26.9billion to USD213.2 billion in the Gulf state from January to September during the same year.
Gold exports reached USD21.7 billion, recording the highest export rate in the UAE. Exports of Jewel’s reached D1.3 billion, while foreign crude aluminum sales reached USD 0.89 million.
During the same period imports increased 13 percent in 2012 compared with the same period in 2011.
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