Dubai’s trade with Kuwait touches AED8.52 billion in H1 2020

@DXBMediaOffice/ Twitter (File photo)

Trade between Dubai and Kuwait reached AED 8.52 billion in the first half of 2020.

The figures have been released by Dubai Customs on the occasion of Kuwait’s 60th National Day on February 25.

The high volume of trade reinforces Kuwait’s status as one of Dubai’s main GCC trade partners.

"The UAE and Kuwait’s deep-rooted historical and cultural links and the common vision and shared objectives of the two countries create the perfect conditions for steady growth in mutual trade," said Ahmed Mahboob Musabih, Director General of Dubai Customs.

"Despite the challenges posed by the spread of the pandemic, we are keen to play an important role in strengthening the global supply chain and doing everything possible to support our trade partners in growing their business," he added.

More from Business

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.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

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!