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...

Qatar Railways Company discussed collaboration opportunities with the United Kingdom’s trade delegation of railway experts and companies. The discussions involved collaboration across the full spectrum of customer experience, operations, maintenance and future project delivery. The meeting took place at the headquarters of Qatar Rail, where the delegation met with representatives...

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Turkey’s export credit agency, Turk Eximbank, to enhance trade and support business relations between the United Arab Emirates and Turkey. The two export credit agencies will work together to facilitate trade and...

The non-oil trade between Germany and the UAE amounted to $9.5 billion during 2021, a 10.5 percent increase compared to 2020, said Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, who added that Germany has become UAE's most important trading partner in the Middle East. He...

Pakistani Prime Minister Shehbaz Sharif, who took power with a coalition that removed Khan in a no-confidence vote last month, has vowed to jumpstart the moribund economy

Investors remain cautious as to whether China will ease its zero-Covid policy, which has added to the disruption of the world's supply chains.

There has been a 94.8% increase in the number of Indian businesses registering with Oman MoCIIP’s Invest Easy portal, up from 450 in 2019 to 877 in 2021.

A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and Industry and the Oman Chamber will be held Friday.

Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion ($16.74 billion), a 15 percent increase compared to the same period of 2021. Exports grew by 35 percent in the first three months of the year compared to the same period of last year ...

ADQ will work with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of Investments (HDBI), the Sovereign Fund of Funds of Greece.

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will announce its summer campaign at Arabian Travel Market (ATM), alongside a series of new initiatives and global partnerships. Sharing the best of Abu Dhabi with the world, travel partners and some surprise guests, DCT Abu Dhabi will...

This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs.

Iraqi security forces said Saturday they had broken up a drug trafficking ring and seized more than six million pills of the amphetamine-type stimulant captagon, making several arrests. Iraq's northwestern neighbor Syria is the Middle East's main captagon producer, and its southern neighbor Saudi Arabia the main consumer. Iraqi forces...

The UAE and Turkey are in final talks regarding the launch of a comprehensive economic partnership agreement, according to the UAE’s minister of state for foreign trade, Thani bin Ahmed Al Zeyoudi. The new partnership is expected to double bilateral trade between both countries, strengthen cooperation efforts, create new jobs,...

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and its Indonesian counterpart PT Reasuransi Indonesia Utama (Persero) or Indonesia Re, have signed a reciprocal reinsurance agreement to bolster their bilateral trade. The two agencies also agreed to expand their collaborative initiatives across the globe by fostering sustainable and...

Iraq on Tuesday summoned Turkey's ambassador to Baghdad in protest against the new Turkish offensive targeting rebels in the north's autonomous Kurdistan region.

Jordan Minister of Investment, Khairy Amr, said the government seeks to turn Jordan into a destination for foreign and Arab investments.

Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth 716 million dollars.

The agreement will allow the exchange of local currencies between the two central banks of up to AED20 billion and up to KRW6.1 trillion for five years.

President of the Jordan and Amman Chambers of Industry Fathi Jaghbir said Saturday that the National trade window to facilitate investments and improve the business environment is a key reform leap.

Exponential growth in the trade of the amphetamine-type stimulant captagon poses an increasing health and security risk to the region

The numbers come from a quarterly statistical report released on Sunday by the Department of Statistics.

India and Australia signed an interim free trade deal on Saturday that cuts tariffs on billions of dollars of commerce as the two Quad partners bolster their economic ties.

UAE-Colombia non-oil trade was valued at AED991 million ($269.84 million) last year. Under the partnership, this figure could increase threefold soon.

At the meeting, the two sides called for intensifying visits by trade delegations from both countries and increasing the number of conferences.

Abu Dhabi and San Marino will explore new avenues of economic cooperation and boosting trade. Saeed Ghumran Al Remeithi, Deputy Treasurer of the Abu Dhabi Chamber’s Board of Directors, met with Fabio Righi, San Marino’s Minister of Industry. The meeting between the two was held at Chamber’s tower in Abu...

The Sharjah Chamber of Commerce and Industry (SCCI) has called on German businessmen and investors to explore investment opportunities within the emirate’s business community, in order to access new avenues of partnership and develop economic and trade relations between Sharjah and Germany. The call for investment was made at a...

The move is being seen as another sign of a growing rapprochement between the two countries following last year's restoration of ties.

Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and Industry of Oman met Bandula Gunawardena, Minister of Trade of Sri Lanka, in Muscat on Sunday. The two sides explored aspects of the joint cooperation, economic diversification sectors and the...

The telecoms giant Huawei posted a net profit of $17.8 billion in 2021.

The port operator will develop a virtual trade corridor between the two countries.

Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.

The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides.

Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia with Majid bin Abdullah Al-Qasabi, Saudi minister of trade. The discussions took place on the sidelines of the meetings of the Governance Council of the Arab-Africa Trade Bridges Program. Al-Saeed...

"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.

US State Department spokesman Ned Price has said the US has announced a pause on nuclear negotiation with Iran, and that 'there is very little time remaining' to save the nuclear accord.

The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment, and ways to promote the role of the private sector in both countries. During the forum, an MoU was signed to establish a joint UAE-Bangladesh Business Council between the Federation...

The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business communities in the Emirate of Sharjah and Argentina. Additionally, they also discussed boosting the economic, trade and investment relations between their countries. The discussion was a part of Sharjah –...

According to Statistics New Zealand, the total two-way trade between New Zealand and the UAE in 2021 reached AED8.63 billion ($2.35 million).

Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...

The option of barter trade was available to cement the mutual relationship between Iran and Pakistan, an Iranian envoy has said.

The economic ties between the UAE and India have been reinforced by growing trade between the two countries that stood at $60 billion in 2019. It is now estimated to touch $100 billion by 2030, a far cry from $180 million in the 1970s.

Diversifying, and strengthening local production structures is the most appropriate way to reduce inflation. Entrepreneurs and start-up companies may come forward to help their respective governments in finding more sustainable development solutions. The menace of inflation cannot be managed alone.

The squeeze on real incomes within the region due to higher inflation may depress regional trade flows. The situation may worsen further if the global central banks' attempts to control rising consumer prices, which will ultimately dampen global economic activity.

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to boost trade in the Middle East region.

Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of trade exchanges.

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

The government said the non-oil foreign trade figures of all emirates also witnessed growth individually in varying levels. The growth was consistent across all areas, including exports, imports and re-exports.

Artificial intelligence, machine learning, robotics and automation will define the future of jobs, says renowned economist Professor Nouriel Roubini

The rise in exports was 7 percent when compared to November of the same year.