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FINANCIAL NEWS
UAE’s trade exchange grows 14.3% in Jan-Sep 2012
26 Mar 2013
(MENAFN) The UAE’s National Statistics Bureau (NSB) stated that the country’s trade in the January-September period of 2012 jumped by 14.3 percent to USD213.04 billion, from USD186.42 billion in 2011’s same period, reported Gulf News.
The agency said that exports surged by 61 percent to USD36.90 billion, compared with USD22.97 billion in the same period a year before.
It added that imports in the 9-month period climbed by 12.4 percent, reaching USD134.59 billion, up from the USD119.73 billion posted a year earlier.
It is worth noting that in the first 9 months of 2012, 29.3 percent of the UAE’s total imports consisted of heavy equipment and machinery, at USD39.49 billion.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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