Abu Dhabi's non-oil exports grew 57.03 per cent in the first quarter of the year, up against corresponding period previous year, while the total foreign trade reflected an impressive progression of 27.40 per cent. The economic policies persued during the last couple of years, with emphasis on industrialisation, and converting locally produced raw materials into value added goods, has started paying of their dividends. The non-oil exports went up to a level of Dh1.713 billion in the first quarter of the 2008, against Dh1.091 billion in the corresponding period. Imports also showed an increase of 26.77 per cent in the first quarter rising to Dh19.013 billion, up from previous year's level of Dh15.006 billion, says a report of Department of Planning and Economy (DPE), Abu Dhabi. Imports grew by 26.77 per cent in first three...
[read full story]
Your Web Site
