Gold hub UAE toughens fight against financial crime

Thank you for reading the news about Gold hub UAE toughens fight against financial crime and now with the details

Jeddah - Yasmine El Tohamy - DUBAI: Non-oil exports from Saudi Arabia rose 15.6 percent year-on-year in January to SR18.9 billion ($5.04 billion) as sales of plastics and chemicals surged.
Total exports slid 13.4 percent to SR71.9 billion as the value of oil exports dropped 20.5 percent to SR13.7 billion, Saudi Arabia’s General Authority for Statistics said in a data release. Brent crude started January 2021 at $52.80 a barrel, down from $68.16 a year earlier.
Plastics exports increased 24.5 percent to SR6.1 billion, while sales of chemicals rose 3.3 percent to SR5.2 billion.


A flurry of recent data has suggested that global trade is rebounding more quickly than anticipated as the rollout of vaccines encourages people to spend, especially in the world's biggest economies.
The Kingdom’s trade surplus narrowed to SR24 billion in January from SR43.3 billion a year earlier as imports jumped 20.7 percent to SR47.9 billion, led by a 525 percent increase in arms and ammunition to SR4.9 billion and a SR17.9 percent gain in base metals to SR4 billion. The biggest category of imports, machinery and mechanical appliances, increased 4 percent to SR9.3 billion.
China was Saudi Arabia’s biggest destination for exports, including oil, in January with SR14 billion of goods, followed by India with SR7.8 billion and Japan with SR7.6 billion. South Korea, the UAE, US, Egypt, Bahrain, Singapore and Belgium round out the top 10 destinations, which collectively account for SR50.2 billion, or 69.8 percent, of exports.
Saudi Arabia imported SR9.6 billion of goods from China in January, the biggest source of imports for the Kingdom followed by the US and UAE with SR8 billion and SR3.7 billion respectively.

These were the details of the news Gold hub UAE toughens fight against financial crime for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.