|
|
 | UAE-German trade exchange grows by leaps and bounds  | |
MENAFN - Emirates News Agency (WAM)
- 25/11/2012
|
|
|
(MENAFN - Emirates News Agency (WAM)) Buoyed by strong economic partnership, trade exchange between the UAE and German grew by leaps and bounds, making the UAE the key trade partner of Germany in the Middle East and North Africa, a senior UAE official said today.
''Bilateral trade relations shot up nearly 120% from 3.9 billion Euros in 2004 to 8.5 billion Euros in 2011 thanks to the packages of trade facilities and enables the UAE offers to Germany from free-business environment, incentives and modern infrastructure, '' Abdullah Al Saleh, Undersecretary of Ministry of Foreign Trade, told the UAE-Germany Business Council meeting in Dubai.
Germany, he said, exported goods worth over US7 billion last year Around 1000 German companies are operating in the UAE which also hosts a German community of 9000 people.
''While the UAE is exploring investment opportunities in Germany's key sectors like renewable energy, knowledge economy, tourism, , ICT and advanced technologies, the German companies can tap tremendous business opportunities in the UAE in areas of building and construction, light and heavy industries, manufacturing industries, energy, tourism, finance, and water resources management,'' he added.
|
| |
|
|
MENA News Headlines
|
 | May 22 2013 | Saudi- Smoking employees may be 'fined' ,Arab News | | (MENAFN - Arab News) Â The Control and Investigation Board has reaffirmed its commitment toward imposing penalties on employees who fail to uphold the ban on smoking in public and governmental ... |
| | May 22 2013 | Saudi- Death row Filipino pleads for release ,Arab News | | (MENAFN - Arab News) Amid the move to correct the labor status of thousands of expatriates, including more than 10,000 Filipinos, the fate of death row prisoners has been overlooked.
One case ... |
| | May 22 2013 | KKUH focuses on Saudi nursing skills ,Arab News | | (MENAFN - Arab News) King Khalid University Hospital (KKUH) is focusing on developing skills of its nurses and trying to attract more Saudis to the profession, according to a hospital ... |
| | May 22 2013 | Medical warehouse seized in Madinah ,Arab News | | (MENAFN - Arab News) A field tour conducted by the municipality of Al-Awali, part of the municipality of Madinah, resulted in the seizure of a medical warehouse situated on Prince Abdul Majeed road ... |
| | May 22 2013 | Saudi- CITC: Only police can probe online offenses ,Arab News | | (MENAFN - Arab News) Many citizens are still unaware that only the police are authorized to receive reports on crimes related to online harassment, abuse and character assassination.
"We need to ... |
| | May 22 2013 | Saudi- Factory setting example to employ women in farm sector ,Arab News | | (MENAFN - Arab News) The largest fruit and vegetable factory has opened its doors to Saudi women for the first time, hiring 100 female employees and aiming to hire 300 more in the coming two ... |
| | May 22 2013 | Siemens secures USD266m Saudi contracts ,MENAFN | | (MENAFN) Siemens Saudi Arabia's CEO, Arja Talakar, announced that the power firm has been granted two contracts from Saudi Electricity Company (SEC), worth a combined USD266 million, reported Arabian ... |
| | May 22 2013 | Saudi- 201,000 illegal workers deported in past 3 months ,Arab News | | (MENAFN - Arab News)Â The Passport Department has deported 201,000 illegal workers, including Syrians, in the past three months.
"We won't force them to travel only to their country," spokesman ... |
| | May 22 2013 | Tunisian dies of coronavirus after KSA, Qatar visit ,Arab News | | (MENAFN - Arab News) Â A 66-year-old Tunisian man has died from new coronavirus, a strain of a virus that emerged in the Middle East last year, after a visit to Saudi Arabia and Qatar, the Tunisian ... |
| | May 22 2013 | Gulf women drivers reject the idea of removing veil ,Arab News | | (MENAFN - Arab News) A proposal to make it illegal to drive vehicles in the Gulf States while wearing the veil could hamper efforts by Saudi women to drive cars in the Kingdom.
The Directors ... |
|  more... |
|
|
|
|
 |
|
|
|
