Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE-Oman trade records quantum leap  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Khaleej Times) Dubai?s non-oil trade with Oman hit Dh14

Ahmed Butti talking to Lieutenant General Hassan bin Mohsin Al Shraiqi in Dubai on Saturday. — Supplied photo


The UAE-Oman bilateral trade has seen a quantum leap, reflecting mounting economic and commercial relations, driven by the leaderships’ vision to enhance mutual trade and integration among Gulf countries.


Official statistics show that Dubai’s non-oil foreign trade with Oman hit about Dh14.4 billion in the first nine months of 2013, while it jumped from Dh7.5 billion in 2011 to Dh18.7 billion in 2012.


The announcement was made on Saturday by Ahmed Butti Ahmed, executive chairman of ports, customs and free zone corporation in the presence of the Inspector General of Police and Customs, Lieutenant General Hassan bin Mohsen Al Shraiqi.


Ahmed Butti Ahmed, who is also the director-general of Dubai Customs, said that the Hatta Border Customs Centre plays a pivotal role in the Oman–Dubai commercial flow.


“The number of passengers who crossed the border in both directions in 2013 was approximately 3.7 million, added to 1.4 million vehicles and 675,000 trucks crossing the point in both directions.”


Adding, he said that bilateral trade between Dubai and Oman covers various products and goods. “The most prominent are phones, gold, machinery, equipment, and foodstuff, as well as electrical cords and tubes.”


 He further added that commercial diversity between both sides contributes to reinforcing growth opportunities in commercial exchange. “Such a sustainable growth is stimulated by a favorable environment of customs facilitations and mutual commitment to support joint economic cooperation.”


The two parties discussed areas of cooperation between Dubai Customs and Oman Customs, and conveyed commitment to achieve the highest levels of coordination in customs operations.


“Dubai Customs do want to facilitate trade flow with Oman by implementing the best mutual customs facilitations,” Ahmed Butti Ahmed said, noting that the meeting further explored ideas and suggestions for developing more fruitful mechanisms to facilitate mobility in the border crossings between the two sides. 


In addition to discussing the mechanisms of joint electronic link, Dubai Customs stressed a strong wiliness to put all its expertise at the disposal of Oman Customs. On the other side, Omani officials expressed their eagerness to avail of the experience of Dubai Customs’ training center and the specialised courses it offers to customs inspectors.


Lieutenant General Hassan bin Mohsen Al Shraiqi, Inspector General of Oman Police and Customs, said that Dubai has become a model in trade facilitation and customs development. “Stronger customs coordination is highly needed to ease and promote the flow of trade between our countries.”



 


Khaleej Times




  MENA News Headlines
 May 2 2016 - Australia's Governor General and his spouse visit Al-Qurain Martyrs MuseumKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Australia's Governor General Peter John Cosgrove and his spouse visited on Monday Al-Qurain Martyrs Museum and toured through its various ...

 May 2 2016 - Australia's Governor General and his spouse visit Australian College of KuwaitKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Australia's Governor General Peter John Cosgrove and his spouse visited on Monday the Australian College of Kuwait in West Mishref. They ...

 May 2 2016 - Cost of Kuwait's Municipality'd new headquarters estimated at kd18 mlnKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Constructions Department at Kuwait Municipality said on Monday that the total cost of the new headquarters of the Municipality Council is ...

 May 2 2016 - 37th meeting for GCC Undersecretaries for Environmental Affairs kicks offKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) JEDDAH May 2 (KUNA) -- The 37th meeting of the Gulf Cooperation Council's (GCC) Undersecretaries for Environmental Affairs kicked off on Monday to prepare for the ...

 May 2 2016 - A week of mixed emotions for the oil industryProactiveInvestors - N.America
(MENAFN - ProactiveInvestors - N.America) Optimism returned to the market thus week. Uncertainty and volatility still rule so projections for stability come with a strong health warning. Anything ...

 May 2 2016 - Kuwait- His Highness the Amir receives Justice Al-Mutawa'aKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace on Monday President of the Supreme Judicial Council ...

 May 2 2016 - Kuwait- G-7 eyes LNG market agree to continue energy investmentKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) TOKYO May 2 (KUNA) -- Energy ministers from the Group of Seven (G-7) industrialized nations shared the view on Monday that it is necessary to establish trading ...

 May 2 2016 - Australia's Governor General and his spouse visit Australian College of KuwaitKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Australia's Governor General Peter John Cosgrove and his spouse visited on Monday the Australian College of Kuwait in West Mishref. They ...

 May 2 2016 - Kuwaiti, Jordanian Info. ministers discuss media cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Minister of Information and Minister of State for Youth Affairs Sheikh Salman Sabah Salem Al-Sabah discussed here on Monday with Jordan's ...

 May 2 2016 - Cost of Kuwait's Municipality'd new headquarters estimated at kd18 mlnKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT May 2 (KUNA) -- Constructions Department at Kuwait Municipality said on Monday that the total cost of the new headquarters of the Municipality Council is ...

 May 2 2016 - Saudi Grains Organization Completes awarding 2nd batch of imported wheatSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh Rajab 25 1437 May 02 2016 SPA -- Saudi Grains Organization has completed awarding the procedures of the second batch of imported wheat for the year 1437/1438 AH ...

 May 2 2016 - Saudi- World Assembly of Muslim Youth lays foundation stone of a mosque in Guinea ConakrySaudi Press Agency
(MENAFN - Saudi Press Agency) Jeddah 25 Rajab 1437 AH corresponding to May2 2016 SPA -- The World Assembly of Muslim Youth established through its office in Guinea Conakry yesterday the project of ...

 May 2 2016 - Saudi Specialized Clinics Offer 1663 Medical Prescriptions for Syrians at Zaatari CSaudi Press Agency
(MENAFN - Saudi Press Agency) Amman Rajab 25 1437 May 2 2016 SPA -- Saudi Specialized Clinics have offered through their pharmacies at Zaatari refugee camp about 1663 medical prescriptions including ...

 May 2 2016 - Iran to grant citizenship to families of foreign 'martyrs'The Peninsula
(MENAFN - The Peninsula) Tehran:Iran has passed a law allowing the government to grant citizenship to the families of foreigners killed while fighting for the Islamic republic the official ...

 May 2 2016 - US in desperate bid to save Syria truce as Aleppo bombedThe Peninsula
(MENAFN - The Peninsula) US Secretary of State John Kerry (R) gestures next to Saudi Foreign Minister Adel al-Jubeir during a meeting on Syria in Geneva on May 2 2016. AFP/ DENIS BALIBOUSE ...

 May 2 2016 - Is the West waging the wrong war in SyriaThe Peninsula
(MENAFN - The Peninsula) By Dr Noureddine Miladi What has been taking place in Syria during the last few days is beyond belief- partly due to the scale of barbarism that the Syrian regime and ...

 May 2 2016 - Kuwait's Zain to buy Etisalat's 92.3 pct share in Sudan's CanarMENAFN
(MENAFN) Kuwaiti telecom firm Zain confirmed to buy Abu Dhabi- Etisalat's 92.3 percent share in Sudanese line operator Canar for USD 95.2mn.Additionally, the deal will increase Zain's grip on Sudan's ...

 May 2 2016 - Khaled Al Dhanhani signs copies of his book at Abu Dhabi International Book FairEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 2nd May 2016 (WAM) -- Emirati writer Khaled Al Dhanhani spent yesterday evening signing copies of his new book "The First Home" at the Abu Dhabi ...

 May 2 2016 - OPEC daily basket price for Friday 29th April 2016Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) VIENNA 2nd May 2016 (WAM) -- The price of OPEC's basket of thirteen crudes stood at US$42.70 a barrel on Friday compared with $42.02 the previous day ...

 May 2 2016 - Team Abu Dhabi 35 seals class S2 victory and third overall in 24 hours of Rouen Endurance RaceEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ROUEN France 2nd May 2016 (WAM) -- The Abu Dhabi International Marine Sports Club ADIMSC enjoyed a superb weekend of endurance racing on their debut at the ...

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