Hilal Mir - TRENDS Mena

EDB, Valiant Healthcare sign pact
EDB credit facility will extend to both capital investment and expenditures.
Business

ESG buys 60% stake in AFKAR
Emirates Stallions Group is an IHC subsidiary.
Business
AD Ports, RSPA to develop and operate terminal in Egypt’s Safaga Port
Cairo, Egypt -- AD Ports Group (AD Ports) has signed a concession agreement with the Red Sea Ports Authority (RSPA)...
Business
Cornerstone laid for $40 million logistics park at King Abdulaziz Port
Riyadh, Saudi Arabia -- The cornerstone was laid for an integrated SAR150 million ($39.99 million) Logistics Park at Dammam's King...
Business

China’s new tariffs policy to hasten industrial transformation
Beijing, China -- China's import and export tariff adjustments on some goods took effect on Monday, including implementing provisional import tariff rates lower than the most favored nation rates on 1,010 goods, implementing tariff rates on some commodities under agreements and applying preferential tariff rates to 43 least-developed countries (LDCs). ‏As tariffs play a vital...
Economy

Qatar’s foreign merchandise trade surplus $4.58 billion in Nov 2023
Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 16.7 billion ($4.58 billion) in Nov 2023, a decrease of about QR 9.5 billion, or 36.3 percent, compared to Nov 2022, and a decrease by nearly QR 2.3 billion or 12.1 percent compared to Oct 2023. According to figures...
Business