Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Economy

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

UAE desires broader trade relations with Iraq

By TRENDS Desk
June 3, 2021 5:58 am

    • The ambassador of the UAE Al Zaabi made this statement during his visit to the Federation of Iraqi Chambers of Commerce

    • The UAE companies wish to invest in Iraq

    The United Arab Emirates (UAE) has shown desire to deepen trade and economic ties with Iraq. The ambassador of the UAE, Salem Issa Al Zaabi, highlighted the UAE’s keenness to strengthen its relations ties with Iraq.

    According to WAM, Al Zaabi made this statement during his visit to the Federation of Iraqi Chambers of Commerce, where he met with Abdul Razzaq Al Zuhairi, President of the Federation, who affirmed Iraq’s desire to strengthen ties and enhance UAE-Iraqi trade relations.

    Al Zaabi noted that several major Emirati companies wish to invest in Iraq, adding that his meeting with Al Zuhairi was productive, especially in light of the eagerness the federation showed in enhancing economic ties.

    Al Zuhairi said that Iraq offers a conducive investment environment for Emirati companies, adding that the federation has plans to organize a UAE-Iraqi forum that brings together business leaders from both countries.

    [adinserter block="5"]

    Most Read

    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.

    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…

    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"]