Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, chaired a Cabinet meeting on Monday, where he highlighted that UAE’s foreign trade hit a new record of Dh2.2 trillion in 2022, a 17 per cent increase over 2021 levels.

Sheikh Mohammed said that the country’s foreign trade is accelerating and that its international economic relations are growing, contributing to the growth in trade.