UAE trade to increase 4.35pct this year


(MENAFN) UAE is projected to post a steady increase in trade of 4.35 percent year on year in 2017, driven by a 5 percent growth in imports and exports of 3.7 percent.

Meanwhile, UAE will see a positive economic increase in the coming five years due to government plans to spread the economy amid the development of trade, the service sector and tourism.

Accordingly, these trends will support prospects for the logistics, warehousing and handling sector increasing demand and attracting more businesses to the nation, which will need logistics help.

Moreover, there are 328 logistics firms from 29 nations operating amid Jebel Ali Free Zone.

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