Abu Dhabi is introducing an initiative to boost exports from the emirate to 60 target markets worldwide in an effort to further expand its foreign trade.
The new digital platform, Abu Dhabi Export Gateway, will “offer an integrated approach” to exporting at least 100 local products from 10 different sectors, the Abu Dhabi Department of Economic Development said on Sunday.
The new project will further support local export companies. It will also expand their contribution to the emirate’s gross domestic product as efficiency, export capacity and investments improve, Mohammed Ali Al Shorafa, chairman of the department, said.
The first phase of the Abu Dhabi Export Gateway is set to be launched in August.
“The platform will cover more than 100 local products across 10 different sectors and industries and is designed to accommodate expansion as local exporters may add more products they wish to promote via the platform.”
The new platform will also provide statistics on local exports and information about the economic performance of crucial sectors in Abu Dhabi and the UAE.
Mr Al Shorafa said the 60 target markets across the world were chosen based on the emirate’s established connections, economic relations and mutual trade.
The team managing the project will frequently review the needs of local companies and demand in foreign markets during the next six months, Ghanem Al Mazrouei, the department's executive director of international economic relations, said.
“Based on the results, the platform will add other global markets and target sectors, as well as a range of smart digital services that would enhance local companies’ exporting capabilities and practices.”
The unveiling of the platform comes as the UAE launches new measures to support exporters affected by the coronavirus pandemic.
Last month, Etihad Credit Insurance, a federal entity, said it would extend export credit insurance and additional funding to exporters and businesses facing payment and supply chain disruptions.
It is offering financial support to domestic companies through bank loans.
Abu Dhabi also waived Dh246 million in penalties to support small and medium-sized enterprises operating in the commercial and industrial sectors earlier this year.
The waived fines are related to various economic infractions including licence renewal delays, engaging in additional economic activities not covered by an existing licence and the improper storage of goods in unsafe areas.
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UAE currency: the story behind the money in your pockets
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Takreem Awards winners 2021
Corporate Leadership: Carl Bistany (Lebanon)
Cultural Excellence: Hoor Al Qasimi (UAE)
Environmental Development and Sustainability: Bkerzay (Lebanon)
Environmental Development and Sustainability: Raya Ani (Iraq)
Humanitarian and Civic Services: Women’s Programs Association (Lebanon)
Humanitarian and Civic Services: Osamah Al Thini (Libya)
Excellence in Education: World Innovation Summit for Education (WISE) (Qatar)
Outstanding Arab Woman: Balghis Badri (Sudan)
Scientific and Technological Achievement: Mohamed Slim Alouini (KSA)
Young Entrepreneur: Omar Itani (Lebanon)
Lifetime Achievement: Suad Al Amiry (Palestine)
UAE currency: the story behind the money in your pockets
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The finalists
Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho
Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson
Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)
Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)
Club of the Year: Bayern Munich, Liverpool, Real Madrid
Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)
Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola
Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
UAE currency: the story behind the money in your pockets
Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat
