Browsing: Commodities

Wheat shortages due to the Ukrainian conflict have led to rising costs and concerns over food security.

Egypt has awarded eight gold and metal mining exploration licenses in the country’s eastern desert region.

Saudi Arabia has been invited to invest in the Djibouti International Free Trade Zone, which is strategically located along coastal trade routes valued at USD 2 trillion USD.

The UAE, Egypt and Jordan have signed the Industrial Partnership for Sustainable Economic Growth to bolster cooperation across the food and agriculture, fertilizer, pharmaceutical, textile, mineral, and petrochemical industries.

The Saudi Arabia-based International Islamic Trade Finance Corporation (IFTC) has raised Egypt’s credit rating to USD 6 billion to address rising costs of wheat.

The UAE’s non-oil foreign trade reached record levels of USD 136 billion in the first quarter of 2022, according to WAM, the UAE’s official news agency. The news comes as the UAE increasingly attempts to move away from its dependency on hydrocarbons.

The North African Trade Finance Summit (NATF 2022) will take place in Cairo on June 7 and 8 and will run under the theme of “Trade Resilience and Optimization Amidst Global Supply Chain Disruptions”.

Town from May 9-12, Saudi’s Ministry of Industry and Mineral Resources organized a virtual workshop in collaboration with the Ministry of Investment and the Embassy of South Africa.

Kenya’s New KCC fails to deliver lactose-free milk to Oman due to an ongoing drought in the country.

have each signed a separate non-binding memorandum of understanding (MoU) to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).