Dubai Eye 103.8

On Air Now
The Business Breakfast
6:00am - 10:00am

Listen To Dubai Eye

Dubai, Netherlands mutual trade hit AED 8.6 billion in 2020

Wednesday, 27 January 2021 20:58

WAM

Bilateral trade between the Netherlands and Dubai registered a 56 per cent growth in the last ten years (2011-2020).

The value of trade jumped from AED 5.5 billion in 2011 to AED 8.6 billion in 2020. Last year imports amounted to AED 3.7 billion, while exports and re-exports accounted for the rest.

The figures were revealed on the sidelines of a virtual meeting between Ahmed Mahboob Musabih, Director General of Dubai Customs, and a Dutch delegation headed by Hans Sandee, Consul General for Netherlands to Dubai.

The two sides discussed ways to enhance economic cooperation and trade ties.

Musabih said there are 140 Dutch companies working in Dubai. He also highlighted Dubai Customs' efforts in deploying the latest technologies in serving the business sector.

Sandee thanked Dubai Customs for its cooperation with the Dutch diplomatic and business sectors.

.@DubaiCustoms organizes meeting with Dutch business delegation within #UAE Customs Weekhttps://t.co/NlCOjgXwYl pic.twitter.com/ycSrYBbpnT
— Dubai Media Office (@DXBMediaOffice) January 27, 2021

More from Business

UAE and Costa Rica sign economic partnership deal

The UAE and Costa Rica have signed a Comprehensive Economic Partnership Agreement (CEPA) to improve bilateral trade and investment ties, President His Highness Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
Dubai-based Telegram app to hit 1 billion users 'within a year'

The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42

G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market

Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
DXB remains world's busiest international airport

Dubai International Airport (DXB) has been ranked the world's busiest hub for international passengers for a tenth consecutive year.

Coming Up on Dubai Eye

The Agenda
10:00am - 1:00pm

Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
Entertainment Extra
1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

Is there a summer slowdown in the UAE property market?
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
UAE's new prosecution offices to deal with financial crime
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.

On Dubai Eye

Flying Taxis
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
Tough penalties for deliberate tax evasion
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.