Dubai trade growth at record 34%

Reflecting a growing economic development and promising investment opportunities, Dubai hit a new record growth of 34 per cent in direct trade exchange with the world in the first quarter of 2011, exceeding Dh183 billion against Dh136 billion over the same period in 2010.

Ahmed Butti, Executive Chairman of Ports, Customs and Free Zone Corporation, said that the statistics released showed a significant rise of 16 per cent in the weight of the exchanged goods up to 11.92 million tonnes from January to March this year compared to 10.25 million tonnes in the same period last year.

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