Radio Zamaneh
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines
No Result
View All Result
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines
No Result
View All Result
Radio Zamaneh
No Result
View All Result

Iran’s trade with Dubai declines sharply

by Zamaneh Media
March 27, 2013
in Latest Articles
Reading Time: 1 min read
0
Iran’s trade with Dubai declines sharply

Trade between Iran and Dubai has fallen by 31 percent compared to last year, Dubai customs officials report.

Reuters reports that U.S. sanctions on Iran are at the root of this decline in trade between Iran and Dubai.

The report indicates that tens of thousands of Iranians reside in Dubai, which has become a major hub for Iranian exports; however, financial sanctions on Iranian banks have restricted business deals with Iran, leading to a fall in trade.

The head of Dubai customs, Ahmad Bouti Ahmad, reports that in 2012, trade with Iran barely reached 25 billion dirhams (6.8 billion dollars), while in 2011 it was at 36 billion dirhams.

The devaluation of the Iranian national currency has also been a factor in making Dubai banks reluctant to deal with Iran.

Related Posts

Condemned for Compassion: The Death Sentence of Rezgar Beigzadeh Babamiri
Latest Articles

Condemned for Compassion: The Death Sentence of Rezgar Beigzadeh Babamiri

July 9, 2025
A Collective Statement by Men Advocating for Gender and Sexual Equality: Let Us End This Silence and Complicity
Human Rights

A Collective Statement by Men Advocating for Gender and Sexual Equality: Let Us End This Silence and Complicity

June 14, 2025
The Light Carried Forward: Migration, Exile, Flight and Cinematic Creation
Latest Articles

The Light Carried Forward: Migration, Exile, Flight and Cinematic Creation

May 9, 2025
A Dutch Artist Inspired by Women, Life, and Freedom in Iran: An Interview with Rienke Enghardt
Latest Articles

A Dutch Artist Inspired by Women, Life, and Freedom in Iran: An Interview with Rienke Enghardt

September 23, 2024
Afghan Migrants Speak Out: Legal Residents Expelled from Iran
Human Rights

Afghan Migrants Speak Out: Legal Residents Expelled from Iran

August 16, 2024
From Zahra Kodai to Iman Khalif: How Can We See the Bigger Picture?
Latest Articles

From Zahra Kodai to Iman Khalif: How Can We See the Bigger Picture?

August 14, 2024
Radio Zamaneh

© 2024 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines

© 2024 Zamaneh Media