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Tue 21 Oct 2008 01:07 PM

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Dubai grows electronics trade by 15%

Dubai's trade in electronics goods hits AED 18.8 billion in first half of 2008

Dubai extended its position as a leading trader in electronic goods – mobile phones, computers, video and audio equipment - in the first half of 2008, increasing trade by 15% to AED 18.8 billion.

According to statistics from Dubai World, Dubai’s transport, logistics and development body, Iran was the main re-export partner, while China, Hungary and Japan were the leading importers of goods through Dubai.

Saeed Alqaizi, Director of Group Procurement, Contracts, Statistics and General Administration, Dubai World, said: “Thanks to its strategic location and its harnessing of top-notch electronic technologies and machinery, the UAE has encouraged the growth and development of several sectors, especially the trade and commercial sector. This helped Dubai to become one of the most prominent electronic trade hubs in the world.

“The free trade zones in Dubai contributed towards the enhancement of trade, particularly that of electronic goods, transforming into a vital link between the countries. These zones currently host a large number of leading multi-national companies manufacturing computers, audio-video systems, mobiles and other electronic goods,” he added.

Re-export of goods from Dubai declined to AED 6.3 billion in the first half of the year, compared to about AED 6.5 billion in the same period of 2007.

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