Dubai's external trade with Russia has witnessed a rapid growth in the past few years.
That's according to Dubai Customs, which says there has been a 67 per cent growth from 2016 to 2018.
They say that major commodities traded between the two sides were diamonds, gold, phones, cigars and vehicle spare parts.
Meanwhile, trade with Russia in the first six months of 2019 reached AED 4.5 billion.
UAE-Russia services and investment agreement takes effect
An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
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The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit
A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war
The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
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