Dubai paper trade on the rise

15/09/2011 - Dubai Investment News Posted by Neil King
Dubai paper trade on the rise

Middle Eastern investors could be among those encouraged by the current health of Dubai's paper industry.Used as a pointer to the emirate's business health, the industry shows that positive times lie ahead.Indeed, recently-published figures have shown that Dubai's paper industry has seen significant growth of 16 per cent in the first five months of 2011, compared to the same period last year.The rise saw the sector claim Dh2.2 billion worth of trade between January and May 2011, up from Dh1.9 billion in 2010.Ahmed Butti, executive chairman of ports, customs and free zone corporation, said: "This reflects an outstanding growth of the sector here and increasing reliance on Dubai as a major trade hub for re-exporting markets in the region."Dubai Customs spares no effort in supporting all business sectors by simplifying procedures and introducing top quality services which foster the UAE presence on the world trade map."