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Tag Archives: exports

Uzbekistan increases exports

A landlocked Central Asian country that shares its southern border with Afghanistan, the Republic of Uzbekistan shipped an estimated US$11.1 billion worth of goods around the globe in 2019. That dollar amount reflects a 10% increase since 2017 and a 1.5% gain from 2018 to 2019. From a continental perspective …

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Sharjah Chamber working with France

The Sharjah Chamber of Commerce and Industry, SCCI, has called on businessmen and investors in Sharjah to take advantage of the mutual investment opportunities with the business community in France, so as to open new horizons of partnerships and develop the long-standing economic, trade and cultural relations between the UAE …

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World tourism figures on the rise

Exports generated by international tourism reached US$1.7 trillion in 2018, a 4 percent increase in real terms over the previous year, a new report from the World Tourism Organisation (WTO) shows. For the seventh year in a row, tourism exports grew faster than merchandise exports (+3 percent), reflecting solid demand …

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Etihad Credit Insurance aims to boost exports

Etihad Credit Insurance (ECI), which has just begun operations is aiming to boost UAE exports and diversification of the economy by providing credit insurance to exporters and investors. The federal government owned ECI, capitalised at Dh1 billion will also have the support of the Islamic Corporation for the Insurance of …

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China refuses to weaken currency to boost exports

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world’s largest economies. Addressing a World Economic Forum event in the port …

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Morocco loosens currency peg to attract investors

Morocco will loosen its currency peg in a long-awaited move aimed at strengthening its economy and avoiding financial imbalances that forced a slew of emerging nations into sharp devaluations. Bank al-Maghrib, as the central bank is known, will allow the dirham to fluctuate 2.5 per cent above or below its …

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