Abu Dhabi's 2007 non-oil exports reach AED 3.7 billion.Non-oil exports from the Abu Dhabi Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. have reached AED AED - Automated Engineering Design 3.7 billion.
While Abu Dhabi's re-exports touched AED 2.4 billion highlighting
the growing role of Abu Dhabi as a vital trading hub as per a report
published by the Customs Directorate at the Abu Dhabi Department of
Finance (DoF). The report includes import, export and re-export data on
Abu Dhabi's top ten trading partners.
Qatar (AED 873.7 million), China (AED 518.4 million) and Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. (AED 500 million), rank as the top three destinations for Abu
Dhabi's non-oil exports. India was the leading re-export
destination from Abu Dhabi with re-export volumes to India reaching AED
559.6 million, followed by re-exports to Oman (AED 411.3 million) and
Qatar (AED 380.2 million).
"The report highlights the open economy in Abu Dhabi following the direction provided by His Highness Sheikh sheikh or shaykh Among Arabic-speaking tribes, especially Bedouin, the male head of the family, as well as of each successively larger social unit making up the tribal structure. The sheikh is generally assisted by an informal tribal council of male elders. Khalifa Bin Zayed Al Nahyan, the President of the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. , and His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. As an organization, we are fully prepared to play a key role in increasing the Emirate's revenues by energizing energizing, adj giving energy to; revitalizing; rejuvenating. bi-lateral trade with our partners," said H.E. Saeed Ahmed Al Muhairi, Vice Director of the Abu Dhabi Customs Administration. "We are pleased at bi-lateral trade growth which reflects the status of Abu Dhabi as an increasingly important and vital commercial hub in the region. The Abu Dhabi Customs Administration is committed to implementing the guidelines of H.H. Sheikh Mohammed Bin Khalifa, Chairman of DoF and the strategic vision of H.E. Hamad El Hurr Al Suwaidi, DoF's Undersecretary, in our bid to play a key role in the economic growth of the UAE," he added. In 2007, Abu Dhabi's imports reached AED 18.9 billion with Japanese imports into Abu Dhabi accounting for AED 4.4 billion. Saudi Arabia was the second biggest import partner for Abu Dhabi with AED 3.3 billion of Saudi exports to the Emirate e·mir·ate n. 1. The office of an emir. 2. The nation or territory ruled by an emir. Noun 1. emirate - the domain controlled by an emir . Germany was in third place with AED 2.6 billion. Abu Dhabi Finance Department The Department of Finance (DoF) was established in 1966, and plays a vital role in providing all local government entities with the best of breed of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. .DoF aims at enhancing the prosperity of the Abu Dhabi community by contributing to economic growth and promoting private sector participation. DoF includes 5 main directorates and they are: Budgeting, Customs, Government Accounts, Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and Information Technology.DoF is adopting the latest processes and technology to further strengthen the effectiveness and efficiency of its services. Strategic Priorities for Department of Finance 1. Identify efficient and innovative ways to finance priority projects of government entities including theconcept of Public-Private Partnerships2. Develop a common and standardized financial framework to ensure financial stability of Abu Dhabigovernment3. Define decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. financial-management model and assure its gradual transition4. Establish a fiscal-policy unit to develop strategies for efficient government spending Government spending or government expenditure consists of government purchases, which can be financed by seigniorage, taxes, or government borrowing. It is considered to be one of the major components of gross domestic product. 5. Introduce a performance measurement approach to enhance efficient use of government funding6. Build a process for collection, analyses, and reporting of all financial data of Abu Dhabi government7. Enhance world-class treasury function to optimize short-term cash and debt management8. Establish tighter cooperation with federal level on accounting standards and fiscal policies9. Strengthen and develop DoF-employee competencies by state-of-the-art HR management10. Enable and maintain state-of-the-art IT technologies to support the future roles and activities of DoF11. Establish DoF as the reliable and comprehensive source of Abu Dhabi financial data and analysis12. Protect borders and citizens, facilitate trade, and collect revenues through effective customs [c] 2008 Al Bawaba (www.albawaba.com) |
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