Reflects an economic recovery in the trade sector

Dubai Chamber: 7.4% growth in exports and re-exports after the end of the closure restrictions

Dubai Chamber: The emirate is proving that the diversification of its economy and its economic incentives contribute to the acceleration of economic recovery.

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The Dubai Chamber of Commerce and Industry revealed that the value of exports and re-exports of its members during the last three months: June, July and August, after the end of the closure restrictions, achieved a growth of 7.4%, reaching 45.2 billion dirhams compared to the months: March, April and May, during the period of restrictions on movement, what It reflects an economic recovery in the trade sector and a strong start to it in the post-closure period, and establishes the important role of trade in strengthening the foundations and pillars of the emirate’s economy in the economic recovery phase from the effects of the "Covid-19" pandemic.

Certificates of Origin

The "Dubai Chamber" revealed that the number of certificates of origin it issued in the three months: June, July and August, achieved a growth of 11.7%, with more than 151,000 certificates of origin, compared to 135,000 certificates of origin during the months of March, April and May.

The average number of exporters who are members of the Dubai Chamber reached 4,630 during the past three months, compared to 4,066 exporters during the months of March, April and May, with a growth rate of 14% in the average number of exporters during this period.

Flexibility of the economy

The Director General of the Dubai Chamber of Commerce and Industry, Hamad Buamim, said that the trade sector began to lead the recovery of the emirate's economy from the negative effects of the spread of "Covid-19", stressing the flexibility of Dubai's economy in facing challenges and turning them into opportunities.

He added that the growth in exports and re-exports of members, and the number of certificates of origin, reflects the sincerity of the leadership's vision and its efforts to ensure business continuity and smoothness, while applying preventive measures and measures at the highest level.

He pointed out that Dubai is proving today that the diversification of its economy, the flexibility of its development plans, and its economic incentives contribute to the acceleration of the economic recovery. In order to meet the requirements of the current stage, where trade plays a fundamental role in supporting the local, regional and global economic system.

It is noteworthy that the "Dubai Chamber" provides an integrated system of smart and electronic services that exceeds 50 services that cover the needs and requirements of all business communities, which enable investors to complete all their transactions remotely with ease and ease, in accordance with the highest international standards and practices.

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