Dubai, Russia external trade booming

123 RF / Fabio Formaggio

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.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Starting up with Virtuzone

    10:00am - 11:00am

    Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!