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 Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

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!