The non-oil foreign trade reached Dh339 billion compared to Dh316 billion recorded in the first quarter last year. Propelled by a 30 per cent surge in export value, Dubai's foreign trade recorded seven per cent year-on-year jump to Dh339 billion in the first quarter, in spite of heavy headwinds posed by challenging macro and geopolitical environment. Dubai's top three traditional trade partners - China, India and the US - maintained their ranking in terms of value as thriving trade in gold, jewellery and precious stones and mobile phones drove the value of trade in the quarter. Data released by Dubai Customs showed ... (full story)