Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai's tea forum gets good response  Join our daily free Newsletter

MENAFN - Khaleej Times - 10/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The 5th global dubai tea forum 2014 or gdtf 2014 hosted by dmcc was officially opened by dmcc executive chairman ahmed bin sulayem on wednesday

The event welcomed a record 300 delegates from over 30 tea producing and consuming countries from suppliers and manufacturers to producers exporters importers and ancillary industries to dubai.


“globally it is a prosperous time for the tea industry it is estimated that over three billion cups of tea are served each day around the world” said sulayem during his keynote. “last year we doubled the volumes of tea handled through the dmcc tea centre and the total volumes of tea flowing through dubai increased by 29 per cent to 129000 tonnes. it does not stop here now is the time to collectively identify the next big opportunities that will enable the industry to grow throughout the entire supply chain.”


Discussions around the latest international import and export trends further demonstrated dubai’s strength as a global tea trading hub due to its infrastructure and geographical position between the producing and consuming nations.


Four countries produce approximately 70 per cent of the world’s tea china 1.64 billion tonnes (35 per cent) india 980000 tonnes (20 per cent) kenya 380000 tonnes (eight per cent) and sri lanka 340000 tonnes (seven per cent). in terms of tea exports kenya tops the ratings with 396000 tonnes annually sri lanka 318000 tonnes china 300000 tonnes and india 203000 tonnes. the top tea importer is russia with 182000 tonnes followed by the uk with 157000 tonnes and the usa with 116000 tonnes. the uae is fourth importing 109000 tonnes annually but is notably the largest re-exporter of tea globally with over 60 per cent of the world’s market share.


Sanjeev dutta director dmcc tea centre who also addressed delegates said: “the dmcc tea centre aims to enhance the value of tea through the supply chain from the growers plants to the consumers cups. tea comes into dubai in bulk which is can then be blended and packaged in loose tea form or tea bags to be re-exported. one of our strategic goals is diversifying our product lines to include specialty teas and further improving our facilities and services available to our customers.”


— business?khaleejtimes.com

 


Khaleej Times




  MENA News Headlines
 Oct 25 2014 - Qatar's inflation rate to hit 5.5 percentMENAFN
(MENAFN) Qatar's inflation rate in 2014 is expected to touch 5.5 percent due to steady rise in housing rentals, according to the finding of a research conducted by Standard Chartered, The Peninsula ...

 Oct 25 2014 - Flydubai launches two flights to TanzaniaMENAFN
(MENAFN) Dubai-based flydubai's inaugural flights to Dar es Salaam and Zanzibar touched down in Tanzania. The new routes further underline flydubai's rapid expansion in Africa, which has seen the ...

 Oct 25 2014 - UAE air cargo to grow 4.1 percent in 5 yearsMENAFN
(MENAFN) The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a compound annual growth rate ...

 Oct 25 2014 - Qatar- QSL: El Jaish face Al Gharafa todayThe Peninsula
(MENAFN - The Peninsula) Third-placed El Jaish will seek to narrow the gap between them and two higher placed rivals - Lekhwiya and Al Sadd € when they take on Al Gharafa in the ninth round match of ...

 Oct 25 2014 - Somalia- Mogadishu port on development pathThe Peninsula
(MENAFN - The Peninsula) Camels are prepared for export at the loading dock at the seaport in Mogadishu. The Somali government's grand vision for Mogadishu port under its new Turkish managers sees ...

 Oct 25 2014 - Saudi Shias protest death sentencesThe Peninsula
(MENAFN - The Peninsula) More than 100 people protested in eastern Saudi Arabia yesterday to oppose death sentences against a Shia religious leader and seven others convicted after earlier ...

 Oct 25 2014 - Palestine defies US, issues statehood ultimatumThe Peninsula
(MENAFN - The Peninsula) Palestine's chief peace negotiator has laid out in the clearest terms yet plans to establish an independent Palestinian state within three years, even if it means ignoring ...

 Oct 25 2014 - Police kill six militants ahead of key Tunisian pollThe Peninsula
(MENAFN - The Peninsula) Tunisian police killed six suspected militants, five of them women, in a raid on a suburban house yesterday after a 28-hour standoff, fanning tensions ahead of a landmark ...

 Oct 25 2014 - US looking into possible chlorine gas attack in Iraq: KerryThe Peninsula
(MENAFN - The Peninsula) The United States is looking into reports that Islamic State fighters used chlorine gas against Iraqi security forces, US Secretary of State John Kerry said yesterday.Kerry, ...

 Oct 25 2014 - Qatar- Ooredoo marathon offers QR1m prizesThe Peninsula
(MENAFN - The Peninsula) Registration for Ooredoo Doha Marathon 2015 is open, as the company begins preparations to ensure its biggest event yet on January 9.It will provide an opportunity to meet ...

more...


 






Google

Click to Apply

 
 

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help