The value of Abu Dhabi non-oil foreign trade has reached AED80.23 billion through the emirate's outlets during the first five months of 2020.
That's according to the Abu Dhabi Customs, which detailed that the exports value reached AED23.20 billion, while the re-export value reached AED14.79 billion.
Meanwhile, importation reached a static growth to be AED42.24 billion.
The Kingdom of Saudi Arabia retained the first place of most trading countries with Abu Dhabi, where trading between both countries reached AED17.91 billion.
Pearl, precious stones, precious metals, and their manufactures topped the list of most exported non-oil goods with a value of AED6.27 billion, followed by common metals and their manufacture with a value of AED5.92 billion.
Transportation equipment was first on the re-export level with a value of AED5.59 billion, while machines, recording devices, and audio and visual broadcasting equipment came in first on the importation level at AED9.65 billion.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the UAE's commitment to strengthening economic ties with African nations.
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.