UAE reached the top spot globally as a rough diamond hub, trading over $22.8 billion worth of rough diamonds in 2021. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, announced this at the Dubai Diamond Conference, local media reported. The conference was held at Dubai Multi Commodities Center...

Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan, and India's Prime Minister Narendra Modi held a virtual summit to witness the signing of the Comprehensive Economic Partnership Agreement, among other pacts.

The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI) will establish a UAE-Hungarian Business Council. The two parties signed an MoU at the Hungarian pavilion at Expo 2020 Dubai regarding the same on the sidelines of the third meeting...

The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.

The UNCTAD’s Global Trade Update said all major trading economies saw imports and exports rise above pre-pandemic levels in the fourth quarter of 2021.

C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.

The UAE is already the Philippines’ biggest export partner in the Middle East.

Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...

Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two thirds and pave the way for exponential growth in bilateral trade, Bangladesh AK Abdul Momen foreign minister has said. Momen is on a four-day official visit to the UAE. He...

Communities and businesses that rely on the ocean are hurting, as more than 3 billion people depend on marine and coastal biodiversity for their livelihoods.

Since connecting with neighbors is of utmost importance in Iran’s foreign policy, the current administration has set a transparent framework for this policy.

The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human Rights,” a trans-Atlantic initiative which brings together North American and European lawmakers to provide a platform for collaboration, knowledge sharing and joint strategies to promote Palestinian human rights. It is...

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

The United Arab Emirates and the UK have agreed to develop trade and economic relations between the two countries.

The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Economic Development Board of Mauritius (EDB) to further deepen the economic and trade relations between the two countries. The agreement will establish a framework for developing stronger business relations between the parties and cooperation procedures...

The meeting explored the available opportunities in the two countries, particularly in the fields of tourism, industry, research, mining and economic diversification sectors.

Jordan was the first Arab country to sign a free trade agreement (FTA) with the United States in 2000.

The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase of 2.9 percent compared to the same period in 2020. A report released by the Statistics Centre-Abu Dhabi (SCAD) said imports accounted for AED83.63 billion of the non-oil trade and...

The discussion happened at the first session of the Jordanian-Tunisian Joint Trade Committee.

According to a report by General Authority for Statistics (GASTAT), the overall merchandise exports of Saudi Arabia increased by 82.5% in November 2021.

A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia's efforts in this field, US Ambassador in Tunisia Donald Blome stressed at his meeting on Monday with Transport Minister Rabii Majidi. The two parties underlined the considerable progress of Tunisia's millennium challenge program...

FUCCI Chairman Abdullah Mohamed Al Mazrouei signed the MoU with Marisa Xuereb, President of the Malta Chamber.

With rise in trade transactions, the Iranian economic activity also grew notably

Sharjah and Syria are looking at ways to increase economic relations and enhance partnership between businessmen and traders.

The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two nations in 2019 that called for cooperation in investment and trade.

BCCI chief reviewed ways to further increase the volume of bilateral trade

Lebanon ministers said they aim to increase the hours of EDL’s power supply in the near future by securing Egyptian gas and Jordanian electricity.

GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a free trade agreement.

Oman and the United Kingdom have agreed to bolster relations and high-value investment volume, Omani media reports said. To this effect, an agreement of partnership was signed in London between the Oman Investment Authority and the British Office for Investment. The agreement of partnership aims to invest in specific fields,...

The two countries are on track to finish negotiations on a Free Trade Agreement by March or April, Israel's first ambassador to the UAE, Amir Hayek tells TRENDS

Trade between Bangladesh and the UAE has reached $1.2 billion in 2021, recording a growth of more than 15 percent, Bangladesh's ambassador to the UAE Mohammed Abu Zafar has said. The ambassador hailed his country's relations with the UAE as deeply rooted and increasingly developing thanks to the support provided...

The Dubai Gold and Commodities Exchange (DGCX) has reported that the exchange recorded a yearly AOI a sum of 1,985,584 contracts and traded 7,076,350 contracts during 2021.

India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks ninth among the honey exporting countries globally.

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as the proper way of financial exchange does not exist. Reportedly, Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors. As the president stressed, boost in...

An exhibition of Jordan’s trade and services is scheduled to start next Tuesday in the Syrian capital, Damascus. The event is jointly organized by the Jordan Chamber of Commerce (JCC) and the Federation of Syrian Chambers of Commerce (FSCC). JCC said that the three-day exhibition will be held at Damascus...

Egypt's Suez Canal Authority said the key waterway netted record revenues last year, despite the coronavirus pandemic and a six-day blockage by giant cargo ship the Ever Given. Connecting the Red Sea and the Mediterranean, the canal accounts for roughly 10 percent of global maritime trade and is a source...

Russian President Vladimir Putin has invited Iran’s President Ebrahim Raisi in Moscow for discussion over expanding strategic cooperation.

UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has said the trade partnership with India is founded on historical ties of friendship and cooperation. Media reports said that Al Zeyoudi made these remarks during his visit to India as head of a high-level Emirati delegation...

A total of 13, 978 Bahraini nationals have invested in UAE public shareholding companies in 2020 and 331 licenses for various economic activities were granted to them, the UAE Ministry of Finance has said. The Ministry said on the occasion of Bahrain National Day that trade between the UAE and...

Ankara already has a military base in Somalia, and Morocco and Tunisia reportedly took their first delivery of Turkish combat drones in September. Angola became the latest to express an interest in unmanned aerial vehicles (UAVs) during Erdogan's first visit to the southern African country in October.

The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai. He added that annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion), and the UAE and Australia...

China is willing to assist Kuwait to develop its ports given the significance of such facilities in the ##international maritime trade. This was stated by Shanghai International Port Group chief Gu Jinshan during talks with Kuwait's Consul General in Shangai Mishal Al-Shamali. The talks focused on plans to bolster bilateral...

After evoking a huge interest in investors, shares of Tadawul group will begin trading on the main market on Wednesday, Dec. 8.

Governments around the world passed measures to help their big weapons firms, according to the Stockholm International Peace Research Institute (Sipri).

The festival aims to, among other things, make Abu Dhabi the preferred place for camel fairs regionally as well as internationally.

According to official data, Jordanian exports to Turkey in the first 8 months of the current year dropped by 10 percent to JD29 million.

Washington hailed Thursday's deal in a statement, saying it would "improve the transparency and fairness of processes for obtaining authorisations to provide services by professionals and firms in a wide array of fields." US Trade Representative Katherine Tai said “this initiative is the first successful WTO services negotiation in years,...

Qatar has affirmed its commitment to the principles and agreements of the World Trade Organization (WTO), and praised the body's role in consolidating international trade.

Under the agreement, the ECI will provide Tradeling’s customers with a broad range of trade credit insurance solutions.

Turkey and Turkmenistan have set themselves the target of scaling up the bilateral trade to $5 billion, as two countries have inched closer to each other in the past few years.