IANS/WAM | 13 Apr, 2010
Direct exports from Dubai reached AED 52.4 billion (USD 14.26 billion) in 2009, according to The Dubai Export Monitor 2010 published by Dubai Export Development Corporation (EDC).
The value of exports of nearly 50 percent of EDC's target products such as sugar, cocoa, precious stones and aluminium also increased during the period.
"Among EDC's responsibilities is to create opportunities for Dubai companies to expand and promote their products in the fastest growing regions. Our role as an established government institution is to ensure the development of as many opportunities for exports not only regionally but internationally," said Engineer Saed Al Awadi, chief executive officer, EDC.
"Dubai is the ideal location providing world class trading platform for a wide array of commodities. Its geographical position is a strategic strength as are the sophisticated infrastructure," he added.
