Browsing: trade
Abu Dhabi Exports Office opens a USD 20 million line of credit to the ECOWAS Bank for Investment and Development to bolster trade and strategic cooperation.
Bahrain Minister of Foreign Affairs, H.E. Dr. Abdullatif bin Rashid Al-Zayani welcomed the visit of Egyptian President Abdel Fattah Al-Sisi. Al-Zayani spoke about how the visit advanced the relations between the two countries and their growing strategic partnership.
A delegation from Sierra Leone met with representatives of Qatar Chamber to explore economic opportunities as Qatar’s trade surplus soars.
Trade between Ethiopia and the UAE has surpassed USD 2.5 billion over the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.
The UAE’s Minister of Economy will lead a delegation to Morocco to explore how the two countries can strengthen economic ties.
Oman’s exports have grown by over 50% between 2021 and 2022, according to the Omani government. A 55.9% increase in exports was recorded between January 2021 and 2002, according to the National Centre for Statistics and Information.
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 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.
A Saudi delegation led by Royal Court adviser Ahmed bin Abdulaziz Kattan has visited a number of East and Southwest African states in an effort to boost economic and political ties while seeking support for the Kingdom’s hosting of Expo 2030 in Riyadh.