Bahrain Q4 2023 imports increase to US$3.92bn
MANAMA, BAHRAIN - The Information eGovernment Authority (iGA) has published its foreign trade report of Bahrain for Q4 2023, covering...Business Economy
ArcelorMittal wants ‘amicable solution’ on Italy steelworks
ROME, ITALY - ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome...Business Economy
‘Made in Saudi’ takes part in 17th OIC Member States Trade Fair
The Made in Saudi program is participating in the 17th Organization of Islamic Cooperation (OIC) Member States Trade FairThe Made in Saudi program's participation shows international trade fairs help companies reach global markets
The event is considered a platform to display goods and services and to discuss about strategic partnerships
Saudi youth excel in event management in Jeddah Season
Saudi youth make their mark in event management during Jeddah Season where they comprise over 80 percent of the workforce...Saudi youth are over 80 percent of the workforce in event management in Jeddah Season
Saudi youth demonstrate their ability and success to manage and organize events
Dubai Chamber members’ exports up 28 percent in May, highest since 2018
The strength of the Dubai economy, the flexibility of the emirate's merchants and the value of Dubai Chamber of Commerce...Dubai’s strategic plan to boost foreign trade by up to AED 2 trillion ($544 billion) in five years, Al Ghurair said.
GCC countries accounted for 55 percent of the total exports and re-exports of the members in May 2022.
Work in water reservoir project in Hatta ahead of schedule
The project includes the construction of two reservoirs with a storage capacity of 30 million gallons of desalinated water, supporting...Progress in the Hatta water reservoir project is ahead of schedule as 36 percent completed compared to 32 percent target
The project has a capacity of 30 million imperial gallons at a cost of approximately AED 86 million
Address needs of women entrepreneurs: DG WTO at MC12
Unlocking trade for women's empowerment and sustainable development is not just the right thing to do, Okonjo-Iweala saidUnlocking trade for women's empowerment and sustainable development is not just the right thing to do, Okonjo-Iweala said
A strong and effective WTO is critical for these women, which is one more reason why delivering results at MC12 this week is so important, she added
Visa-free travel to Saudi Arabia for GCC residents
Under the new visa scheme, all GCC residents with a valid resident and work visa issued by the UAE, Bahrain,...The informed sources at the ministry told TRENDS that the draft for the new scheme is ready and will be officially announced in the next few days
Under the new visa scheme, all GCC residents with a valid resident and work visa will be allowed entry into Saudi Arabia for business, tourism, and Umrah purposes
Saudi Arabia pledges $10m to prevent Red Sea oil spill disaster
Saudi Arabia on Sunday pledged $10 million to help prevent an ageing Yemeni oil tanker from unleashing a potentially catastrophic...The decaying 45-year-old oil tanker abandoned off the rebel-held Yemeni port of Hodeida, is in "imminent" danger of breaking up
According to the UN, the operation needs to be completed by the end of September to avoid "turbulent winds" that pick up later in the year
US gasoline average price tops $5 per gallon in historic first
The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 a day...The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 a day earlier
Adjusting for inflation, the US gasoline average is still approximately 8% below June 2008 highs around $5.41 a gallon, according to US Energy Department figures
Qatari, Swiss firms discuss investment prospects in medical tourism
The two countries will celebrate 50 years of diplomatic relations in 2023, which includes organizing events like car exhibitions, and...Ambassador of Switzerland to Qatar, Edgar Dorig, said there are various opportunities to enhance Qatari-Swiss cooperation in multiple sectors.
He noted that the volume of trade between the two countries rose to more than QR 5 billion in 2021, witnessing an increase compared to 2020.
Qatar Economic Forum highlights country’s role
The forum reflects the strategic position of Qatar as an influential economic player and as a bridge for communication and...Qatar Economic Forum reflects the country's status as an influential economic player
The forum reflects Qatar's keenness to enhance international cooperation to achieve a just economic recovery
