The Trump administration said late last month that it will abolish a tax exemption on small packages entering the United...
Mumbai, India -- Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of...
AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.
Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.
Major G20 partners are set to unveil ambitious plans on Saturday to enhance trade among India, the Middle East, and...Washington, Saudi Arabia, the EU, the United Arab Emirates and others will sign the deal on the sidelines of the G20 summit in New Delhi
Washington actively prods Riyadh - a major oil producer and security partner - to normalize ties with Israel after decades of conflict and closed borders
Moscow, Russia - Russian Deputy Foreign Minister Sergey Vershinin has confirmed the commencement of the implementation of the Russian grain...The initiative was initially proposed by Russian President Vladimir Putin, who pledged to provide one million metric tons of grain at a preferential price
Vershinin stated that practical steps are now being taken, including communication with the involved parties to establish a trilateral agreement
- Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key...
Qatar plays a major role in advancing food security at local, regional, and global scales, says Qatar’s Municipality Minister
The country's key initiatives include dairy cow importation, poultry self-sufficiency, and innovative greenhouse techniques
Washington, US - The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the...“The total value of assets is estimated at around $280 billion, the majority of which is held in the European Union,” the US Department of the Treasury said.
Reportedly, the task force has completed its “initial effort to map and account for Russian sovereign assets that are immobilized and held in REPO member jurisdictions".
TEHRAN, IRAN - Foreign companies and governments committed some US$6.7 billion worth of investments during an exhibition that was held...The Iranian diplomat said that his country has an ambitious vision to diversify its economy away from crude oil revenues.
He said that this includes expanding the transportation infrastructure in Iran to significantly increase its cargo transit revenues.
- Rice is a major world food staple and prices on international markets have soared in the wake of the Covid...
The consumer affairs and food ministry said at the time that the move would "ensure adequate availability" and "allay the rise in prices in the domestic market".
The ban was expected to hit African nations, Turkey, Syria and Pakistan, all of which were already struggling with high inflation, data analytics firm Gro Intelligence said.
- RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Economic Trade Organization (IETO) have signed...
The collaboration focuses on initiating trade missions and investment forums to help Indian businesses understand what RAKEZ offers.
The agreement promises customized business services for Indian companies that are tailored to their aspiration of expanding into the MENA region.
Dubai, UAE - The United Arab Emirates (UAE) has reaffirmed its commitment to advancing the economic integration of the Gulf...The UAE Minister of Economy Abdulla bin Touq Al Marri, Minister Bin Touq called for developing the mechanisms of economic integration within the GCC
The UAE urged finalization of the customs union, the establishment of a common GCC market, and the utilization of AI to bolster developmental endeavors
The comments from three regional Fed presidents with a vote on setting interest rates will likely solidify expectations that the...Analysts have raised the chances of the Fed successfully cutting inflation while avoiding recession, which is also known as a "soft landing"
Earlier this week, the Fed said robust tourism spending was helping to keep the wheels of the world's largest economy turning
