Addis Ababa June 7/2022/ENA/The trade relations between Ethiopia and the United Arab Emirates (UAE) over the past five year have surpassed 2.5 billion USD, according to Ministry of Trade and Regional Integration. The nation has secured more than 3.28 billion USD from export trade in ten months of current fiscal year, he said expressing confidence that the export earnings will reach four billion USD within the remaining two months. Dubai’s creative economy ranks number one in the Middle East and number two in the world in attracting foreign direct investment, he stated. Dubai is focusing on being a creative hub and focusing on a creative economy to attracting more investment, he reiterated. However, Africa and the Middle East’s share in the culture and creative art is only 58 billion USD out of the 500 billion USD revenue obtained globally from the sector.

Source: Ethiopian News June 07, 2022 20:57 UTC