Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Private sector 'key to growth'  Join our daily free Newsletter

MENAFN - Khaleej Times - 29/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Abu Dhabi's exports and re-exports rose marginally to Dh21.31 billion during the first eight months of the year compared to Dh20.90 billion in the same period last year.

The figure was revealed at the fifth Annual Forum of Exporters organised by the Abu Dhabi Department of Economic Development in the presence of Mohammed Omar Abdullah, undersecretary of the Department. Over 100 public and private sector people participated.

The undersecretary stressed the keenness of the government to enhance the role of the private sector in achieving the objectives of the Abu Dhabi Economic Vision 2030, by boosting the contribution of non-oil sectors to 64 per cent.

The undersecretary noted the key role played by exporters and their efforts to develop products, increase efficiency and capacity to boost exports and raise competitiveness at the regional and international levels.

He said that the department will continue to overcome all obstacles facing the private sector access to world markets; and will continue its support through raising skills, increasing knowledge on exports and promotion of products and services in overseas markets, as well as providing data and information to decision makers and local companies. He called on private sector companies to make use of these services.

Mohamed Omar Abdullah appreciated the government agencies for their contribution in boosting the exports. Those included the General Administration of Customs, the Ministry of Economy, Abu Dhabi Technology Development Committee (TDC) Khalifa Fund for Enterprise Development, Abu Dhabi Chamber, the Higher Corporation for Specialised Economic Zones, Abu Dhabi Food Control Authority, Dubai Export Development Corporation, the Department of Transport, Etihad Railway and Abu Dhabi Ports Company.

Dr Adeeb Al Afifi, the director of Foreign Trade and Export Support Division at Abu Dhabi Department of Economic Development, said: "The routing of exports service, includes the reports provided on foreign markets and trade data, allowing them easy access to global databases and research, which would contribute to identifying appropriate markets and industries for their products." The exports facilitating service, as Dr Afifi, mentioned aim at overcoming the obstacles and difficulties faced by exporters during the export process, and also seeks to facilitate and ease export procedures for manufacturers in cooperation with local and international strategic partners.

"Abu Dhabi Tasdeer" and Abu Dhabi Export Directory were the major initiative highlighted", at the event. The number of export development activities conducted, increased from seven events in 2009 to 39 this year, while beneficiaries from export development services reached 263 this year compared to 196 in 2012.

The presentation revealed that the total number of local companies that were visited by the staff of the Department included 78 factories, while the number of companies which benefited from the exports facilitating service amounted to eight companies.

The number of export development activities conducted during 2013 total reached 10 activities, and the number of beneficiaries was 296 exporting companies, which participated in various events organised in Qatar, Morocco, Algeria, Hannover, Erbil, Saudi Arabia, Tanzania, Kenya, China and Germany-Cologne.

 


Khaleej Times




  MENA News Headlines
 Jul 31 2015 - Telecoms consider Gulf markets after poor Q2MENAFN
(MENAFN) Gulf stock markets were narrowly mixed yesterday as a series of disappointing corporate earnings reports, especially in the telecommunications sector. Saudi Arabia's main index inched down ...

 Jul 31 2015 - Tunisia cuts own growth estimationMENAFN
(MENAFN) Tunisia has cut its 2015 growth forecast to 0.5% this year, down from an expected 1%, its finance minister said yesterday.Tourism revenues represent about 7% of the economy, and, adding to ...

 Jul 31 2015 - Vodafone Qatar increase plans stay on trackMENAFN
(MENAFN) Vodafone Qatar, which has witnessed a 5% jump in customer base to USD 1.42mn in the first three months of this year.Revenue was down 8% to QR537.9mn and mobile average revenue per user.The ...

 Jul 30 2015 - Egypt- Trial of businessman Ehab Talaat postponedqDaily News Egypt
(MENAFN - Daily News Egypt) The trial of prominent businessman Ehab Talaat was postponed to 26 December on Tuesday for an expert report on the matter.Talaat is being sued by the Al-Ahram Foundation ...

 Jul 30 2015 - Egypt participates in UN counter-terrorism meetingDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian delegation participated Tuesday in the UN counter-terrorism meeting in the Spanish capital, Madrid, and discussed efforts to tackle militancy.Egypt also ...

 Jul 30 2015 - Egyptian court postpones verdict in Al Jazeera journalists' retrialDaily News Egypt
(MENAFN - Daily News Egypt) A court in the Egyptian capital, Cairo, has postponed the verdict in the retrial of three Al Jazeera journalists, jailed for aiding a terrorist organization with false ...

 Jul 30 2015 - Egypt- 'Will justice be served this Thursday?' (1):JournalistsDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian court will conclude one of Egypt's most hotly debated cases since the ouster of the Muslim Brotherhood regime in 2013, and one of the longest trials the ...

 Jul 30 2015 - Al-Jazeera re-trial case adjourned to 2 AugustDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian court was to conclude Thursday one of Egypt's most debated cases since the toppling of the Muslim Brotherhood's regime, also among the longest trial the ...

 Jul 30 2015 - Egypt- Trial against Fatima Naoot continuesDaily News Egypt
(MENAFN - Daily News Egypt) The prosecution at the Sayeda Zeinab Misdemeanour Court decided on Wednesday to postpone the case against Fatima Naoot, who is charged with contempt of religion.In turn, ...

 Jul 30 2015 - Ooredoo Oman profit up 18.7 percent in H1MENAFN
(MENAFN) Omani Qatari Telecommuni-cations Company (Ooredoo), has reported an 18.7 percent increase in its net profit for the first half of this year.The company's revenues for the first half of 2015 ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help