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India emerges as Dubai’s second biggest trade partner
Trade with India increased by 74.5% year-on-year to AED 67.1 billion According to official data released on Sunday, India has become Dubai’s second largest trading partner after China, with a total trade volume of 38.5 billion dirhams in the first half of 2021. According to a statement from the Dubai government, the emirate’s trade with China in the first half of 2021 (first half) was AED 86.7 billion, followed by India and the United States, ranking third. Trade with India increased by 74.5% year-on-year, from AED 38.5 billion in the first half of 2020 to AED 67.1 billion. India and UAE officially launch CEPA negotiations The total trade volume between China and Dubai reached AED 66.3 billion in the first half of 2020, a year-on-year increase of 30.7%. In the first half of 2021, the transaction volume between the United States and Dubai was 32 billion dirhams, an increase of 1% from the 31.7 billion dirhams in the same period of the previous year.
Saudi Arabia ranked fourth with 30.5 billion dirhams, an increase of 26% over the first half of 2020, followed by Switzerland with 24.8 billion dirhams. In the first half of 2021, the total share of the five largest trading partners was 241.21 billion dirhams, compared with 185.06 billion dirhams in the first half of 2020, an increase of 30.34%. Gold top Gold ranked first among Dubai’s foreign trade commodities in the first half of the year with 138.8 billion dirhams (19.2% of Dubai’s trade), followed by telecommunications with 94 billion dirhams (13%). Expo 2020 Dubai: India plans to fight back against Covid-19 and become a global business center Diamonds ranked third with 57.3 billion dirhams (8%), followed by jewelry with 34.1 billion dirhams (4.7%) and auto trade 28 billion dirhams (4%).
Dubai’s non-oil foreign trade surged 31% in the first half of 2021, from AED 550.6 billion in the same period in 2020 to AED 722.3 billion. In the first half of 2021, exports increased by 45% year-on-year, from 75.8 billion dirhams to 109.8 billion dirhams.
This supports the 10 x 10 plan (one of the country’s “Top 50 Projects” plans) to increase exports from the UAE The global market grows by 10% annually to 10%. Imports increased by 29.3% year-on-year, from AED 320 billion to AED 414 billion. Re-exports increased by 28.3% year-on-year, from AED 154.79 billion to AED 198.6 billion. The expansion of the sea. Air network Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Committee, stated that Dubai has consolidated its position as one of the fastest growing business centers in the world. “Dubai’s existing air and sea network will be expanded to cover 200 new cities around the world. We are confident that we will continue to consolidate our growth momentum to achieve our ambitious sustainable development projects and plans,” he said.
News Source : Backtrack
Haryana
Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024
Check the weather forecast and air quality updates for Delhi on October 22, 2024 here.
The temperature in Delhi today, on October 22, 2024, is 32.93 °C. The day’s forecast indicates a minimum and maximum temperature of 22.05 °C and 35.04 °C, respectively. The relative humidity is 26% and the wind speed is 26 km/h. The sun rose at 06:26 AM and will set at 05:44 PM.
Tomorrow, on Wednesday, October 23, 2024, Delhi is predicted to experience a minimum and maximum temperature of 27.42 °C and 34.91 °C, respectively. Tomorrow humidity levels will be at 20%.
With temperatures ranging between 22.05 °C and 35.04 °C, prepare for a hot day and plan outdoor activities accordingly. If you are sensitive to heat, take note of the weather forecast and consider appropriate attire and activities suitable for the prevailing weather.
The AQI in Delhi today stands at 334.0, falling in the very poor category. Everyone should be cautious. Children and people with respiratory diseases, such as asthma, should stay indoors and others should also limit their outdoor activities. Usage of masks and air purifying devices is advised. Being aware of the AQI helps one make informed decisions regarding one’s overall well-being while planning the day’s activities.
Weather and AQI predictions in Delhi for next 7 days:
Date Temperature Sky October 23, 2024 32.93 °C Sky is clear October 24, 2024 32.69 °C Sky is clear October 25, 2024 32.5 °C Sky is clear October 26, 2024 32.07 °C Sky is clear October 27, 2024 30.69 °C Sky is clear October 28, 2024 31.29 °C Sky is clear October 29, 2024 32.09 °C Sky is clear
Weather in other cities on October 22, 2024
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