Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Economy

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

GCC, Korea discuss intra-trade during FTA talks

The MENA region features a diverse set of nations ranging from the wealthiest, like Qatar, UAE and Saudi Arabia, to the poorest, including Somalia and Yemen.
By TRENDS Desk
June 10, 2022 2:25 pm
  • The two sides launched their negotiations on June 6, during which they discussed many topics aimed at enhancing investments between the two sides
  • Head of the GCC Negotiating Team, Abdurrahman bin Ahmed Al-Harbi stated that the agreements follow the directives of the leaders of GCC member states

The Gulf Cooperation Council (GCC) countries and Korea discussed increasing the flow of intra-trade and enhancing investments during the 5th round of negotiations on a free trade agreement (FTA) which concluded on Thursday in Riyadh.

General Coordinator of Negotiations and Head of the GCC Negotiating Team, Abdurrahman bin Ahmed Al-Harbi stated that such agreements follow the directives of the leaders of GCC member states towards strengthening the position of the Council and supporting its strategic relations with its partners around the world. 

He said that the agreement, which is being negotiated right now will contribute to enhancing common gains, stimulating economic, commercial and investment growth in the GCC countries.

[adinserter block="5"]

Most Read

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]