Dubai reinforces diversity of its foreign trade

(Dubai) – Dubai has cemented its position as a regional and global trading hub, as the world’s trust in the emirate’s potentials is leveraged in view of the highly developed infrastructure and efficient logistics and customs facilitation’s placed at the service of world trade flow.
Figures released by Dubai Customs have shown that the emirate has reinforced the diversity of its foreign trade in the first half of 2014, reflecting a key change in the commodity composition of trade to cope with the UAE’s fast shift to a knowledge economy, which is based on smart technologies.
In keeping with the drive to implement the smart government and becoming the world’s smartest city, phones and PCs scored a 17% share of the total value of Dubai’s foreign trade in H1 2014.
(Courtesy WAM)