{
  "id": 18949610,
  "title": "Sheikh Mohammed says UAE nine-month trade approaches Dh3tn",
  "url": "https://urgent.news/2026/11/08/sheikh-mohammed-says-uae-nine-month-trade-approaches-dh3tn-18949610",
  "topic": "world",
  "section": "World",
  "published": "2026-11-08T13:44:22.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/economy/2026/11/08/sheikh-mohammed-says-uae-nine-month-trade-jumps-to-dh3tn-despite-headwinds/"
  },
  "original_language": "en",
  "account": "UAE nine-month trade nears Dh3tn, says Sheikh Mohammed\n\nAccording to Sheikh Mohammed bin Rashid, the UAE’s foreign trade has reached close to a record 3 trillion dirhams ($817 billion) in the first nine months of the year, defying economic headwinds and geopolitical challenges. The 10% annual increase in trade figures of the Arab world’s second-largest economy is primarily driven by a sharp surge in exports, as the country continues to expand its trade ties globally, Sheikh Mohammed said in a post on X. \"Our exports to our 10 largest trading partners rose by 31% from the previous year,\" Sheikh Mohammed stated, reviewing the nine-month trade performance on Sunday. The UAE's trade growth occurred despite the economic challenges faced during the ongoing US-Iran conflict, which has now entered its ninth month. The country's economy slowed following waves of unprovoked Iranian missile and drone strikes on civilian and energy infrastructure, as well as the closure of the Strait of Hormuz, a vital waterway for energy exports and global commerce. Despite these disruptions, the UAE rebounded strongly by rerouting its oil and non-oil trade through alternative channels. Sheikh Mohammed emphasized that the UAE remains a major hub for international trade, demonstrating flexibility and efficiency in adapting to changes in the global trade landscape.",
  "summary": "The UAE’s foreign trade has jumped close to a record Dh3 trillion ($817 billion) in the first nine months of the year, despite economic headwinds and geopolitical challenges, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai has said. The 10 per cent annual increase in trade figures of the Arab world’s second-largest economy was underpinned by a sharp surge in exports, as the country…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}