The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.

“We would like the UAE to be a partner in our current process of investing in infrastructure. It is a marriage that pleases both parties. They are interested in investing in long-term projects, lasting twenty or 30 years, such as ports, highways, airports, and the food security sector. And we...

The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.

"A Free Trade Agreement between the GCC countries and China will be a pivotal channel to amplify GCC-Chinese relations across all sectors, especially in economics and investment. It will play a crucial role in augmenting the mutual benefits and trade exchanges, benefiting numerous countries and their citizens," he adds.

RIYADH, SAUDI ARABIA - Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed AlBudaiwi said that preliminary free trade agreement (FTA) between the GCC and Pakistan will help strengthen trade relations and economic cooperation with countries and international blocs.The statement was made during the signing ceremony of the preliminary FTA...

ABU DHABI, UAE - The volume of trade exchange between the UAE and the Kingdom of Saudi Arabia grew by 28 percent in 2022, reaching US$37.4 billion (AED 137.51 billion), compared to US$29 billion (AED 107.41 billion) in 2018.The total non-oil trade between the UAE and Saudi Arabia rose to...

There are more than 121 Emirati companies operating in the Ethiopian market, contributing to enriching relations between the two countries in the economic aspect, including Julphar Gulf Pharmaceutical Industries Manufacturers, Jenaan Investment, Masdar, Emirates Steel Arkan, DP World, and other leading Emirati companies, he adds.

Riyadh, Saudi Arabia - India and Saudi Arabia are in discussions regarding a state visit by Crown Prince Mohammed bin Salman to India, Indian television channel Timesnow reported on Friday. The discussions are said to be centered around the Crown Prince's visit after the G20 summit on September 9-10 which he...

"The economies of Iran and Pakistan are inherently complementary. For example, Pakistan can be a supplier of Iran's needs in the agricultural sector, and Iran can cover Pakistan's need for energy. The total bilateral trade between Iran and Pakistan has been going up in recent years and reached more than...

"I would like to note that the African continent is emerging as a new center of power right before our eyes. It has been demonstrating exponential growth in terms of its political and also economic roles. Everyone will have to reckon with this objective reality," adds Putin during the second...

Qatar’s emir Sheikh Tamim bin Hamad Al-Thani praised Turkey's efforts to improve the country's financial situation and reduce inflation rates through a comprehensive monetary policy. Erdogan recognized Qatar's inherent economic potential and its balanced growth rates, saying it was one of the most robust economies in the region.

"The Emirati-Indian economic cooperation is gaining increasing momentum in sectors of the circular economy, tourism, aviation, entrepreneurship, small and medium enterprises, renewable energy, technology, digital transformation and transportation, in light of their economic partnership and the capabilities," he adds.

The EU also lauds the exceptional execution of FIFA 2022 in Qatar. It helped refine Qatar's reputation and correct misconceptions. The EU is commitment to strengthening relations with Islamic and Gulf Cooperation Council countries, and seeks to combat Islamophobia in Europe, Stano points out.

"Undoubtedly, since both countries have opportunities to establish mutually beneficial cooperation by using Qatar's investments to process Tajik raw materials and produce high value-added end products for export. One of the strategic goals in Tajikistan is the implementation of accelerated industrialization," he adds.

The Gulf country has introduced several initiatives to support and promote international economic partnerships, including the comprehensive economic partnership agreements (CEPA) program and the global investment platform 'Investopia', he adds on the sidelines of the 13th edition of City Week Forum 2023 in London.

President of the Saudi Chambers Al-Huwaizi revealed that the size of trade exchange between the two countries has grown at a rate of 198 percent to $146 million in 2021.

SHARJAH, UAE - Chairman of the Department of Government Relations (DGR) in Sharjah Sheikh Fahim Al Qasimi recently met with Minister of Foreign Trade and Investment of Costa Rica Manuel Tovar Rivera to discuss strengthening collaboration between their respective regions.The two parties discussed trade, food security and the transportation of...

The two ministers to explore cooperation in the fields of science and technology, agriculture, and education.

Iraq is currently supplying Jordan with 10,000 barrels of oil per day (bpd).

The two leaders reviewed existing areas of partnership and explored opportunities to develop ties further.

The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022.  

The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy.

During the meeting, the minister emphasized the UAE's commitment to solidifying its economic and trade partnership with Mongolia to support both countries' developmental agendas as well as their sustainable economic growth.

Al Marri said that the non-oil trade exchange between the two countries was valued at over US$828 million in 2021.

The wide-ranging draft agreement and a 5-year plan will be the subject of discussion during Chinese Foreign Minister Wang Yi's tour of Pacific nations.

"We provide the best facilities and customs services to Indian businesses which can also benefit from the advanced infrastructure and logistics," Dubai customs official Musabih said.

The agreement between the two state-owned firms will bolster the strong trade and economic cooperation, in addition to boosting export relations.

The two countries discussed reducing obstacles facing the two-way flow of imports into the countries and enhancing trade and economic relations.

Raisi called for continuous communication and dialogue between the two countries at different levels.

Le Maire said that that the two countries will launch projects in renewable energy and hydrogen besides fighting climate change.

Saudi Arabia and Greece have decided to set up a business council in order to enhance bilateral trade and investment between the two countries.

The agreement, after it comes into effect, is expected to lead to the establishment of a joint economic committee to promote its implementation, local media reports have pointed out.