Dubai's external trade with Russia has witnessed a rapid growth in the past few years.
That's according to Dubai Customs, which says there has been a 67 per cent growth from 2016 to 2018.
They say that major commodities traded between the two sides were diamonds, gold, phones, cigars and vehicle spare parts.
Meanwhile, trade with Russia in the first six months of 2019 reached AED 4.5 billion.
Dubai strengthens business ties with the Philippines
Dubai Chambers has wrapped up high-level meetings in Manila with key public and private sector leaders, aimed at strengthening trade and investment ties.
UAE economy continues ascent with robust growth in early 2026
The UAE economy maintained its upward trajectory during the first months of 2026, supported by the strength of the financial and banking sector and rising foreign trade and investment indicators.
Dubai South rolls out incentives to sustain economic momentum
Dubai South has announced a new set of incentives for companies operating within its free zone, reinforcing its commitment to supporting the business community and sustaining economic momentum.
US renews sanctions waiver for countries to buy Russian oil
The Trump administration on Friday renewed a waiver allowing countries to buy sanctioned Russian oil and petroleum products at sea for about a month, two days after saying it had no plans to do so.
UAE strengthens international financial ties at Washington meetings
UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini has held a series of high-level bilateral meetings with global finance leaders on the sidelines of the annual meetings of the World Bank Group and the International Monetary Fund.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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