"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top is more crucial than those offering the largest subsidies," he says, adding that from an economic standpoint, it is widely recognized that subsidies do not lead to the desired economic...
Qatar Chamber signs deal with Spanish firms to promote trade
Qatar Chamber signed a deal with two Spanish organizations by which it seeks to enhance economic, commercial and trade cooperation with Spain. The two Spanish organizations are Spanish Chamber of Commerce and Madrid Chamber of Commerce, Industry and Services, according to Qatari media reports. Chairman of Qatar Chamber Sheikh Khalifa...
Israel and UAE ‘milestone’ free trade deal to boost commercial relations
Israel described as "historic" the deal abolishing customs duties on "95 percent of the products" exchanged between the Jewish state and Gulf Arab country after the normalization of ties in 2020.
Iraq arrests 2 generals on suspicion of bribery at key port
Both men worked at the Gulf port of Umm Qasr, a key entry point for foodstuffs, medicines Waiving customs duties, cost Iraq $6.3 billion a year in lost revenues Iraq announced Saturday it has arrested two generals on suspicion of taking bribes to waive customs duties, a practice estimated to...
