Dubai: Non-oil foreign trade reaches Dh2-trillion target one year before deadline.
Event Location
Dubai, Dubai
Start Time
19 February 2024, 12:00 AM
End Time
31 March 2024, 12:00 AM
Dubai’s non-oil foreign trade has reached Dh2 trillion ($540 billion), a year ahead of schedule, driven by continuing economic growth in the emirate.
Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to X to make the announcement, pointing out how the emirate triumphed despite extraordinary circumstances.
He detailed how his team warned him against the high target of Dh2 trillion by 2025, considering the Covid-19 pandemic had just struck the world, disrupting global trade movement.
After the target was set, Dubai launched numerous initiatives, developed policies, and tackled the pandemic efficiently.
"Today," said Sheikh Mohammed on Tuesday, "a year before the deadline, we have reached our goal, thanks to God and his success."
Dubai Non-oil foreign trade
