Reuters | Tuqa Khalid,Andrew Torchia: With its Persian restaurants and shop signs in Farsi, Murshid Bazaar, a dense maze of alleys in Dubais old quarter, has for decades been a center for small-scale trade with Iran.
That is changing. One in every dozen or so shops in the once-bustling area is shuttered or carries a for rent sign. Indian and Pakistani ...
DUBAI, March 9 (Reuters) - Dubai's non-oil trade expanded 7.6 percent last year, slowing from 13 percent growth in 2012, but the emirate's trade withIranstabilised despite U.S. economic sanctions, according to Dubai customs data released on Sunday.
The non-oil foreign trade of Dubai, one of seven members of the United Arab Emirates, rose to 1.329 ...
Dubai: Trade between Dubai and Iran has been halved by international sanctions.
The trade between UAE and Iran has dropped by 54 per cent last year as a result of the sanctions imposed on Iran, said Hamad Bu Amim, Director General of the Dubai Chamber and Industry.
Moreover, the political tension in Syria has resulted in 50 per cent drop ...