trade

Economic and trade relations between Saudi Arabia and Vietnam are set to strengthen thanks to a new agreement signed by the Federation of Saudi Chambers. The agreement was formalized during the Saudi-Vietnamese Business Forum with over…
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An agreement has been reached with the aim of boosting economic activities between member states of the Organization of Islamic Cooperation and those of the Eastern and Southern African Trade and Development Bank. This TDB and the…
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World Trade Organization chief Ngozi Okonjo-Iweala said she hoped the Israel-Hamas conflict could be ended quickly, warning it would have a “really big impact” on already weak global trade flows if it widened throughout the region.…
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Saudi Arabia and Kazakhstan are set to boost bilateral trade, including tourism, after the Central Asian country’s Air Astana flag carrier operated its first direct flight to the Kingdom on Oct. 5. Berik Aryn, Kazakhstan’s ambassador to…
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Saudi Arabia’s trade balance, representing the difference between the nation’s merchandise exports and imports, reached SR113 billion ($30.12 billion) in the second quarter of 2023, as per recently released government data. According to…
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Gulf Cooperation Council countries are embarking on a strategic mission to boost their foreign trade prospects and attract substantial investments by sealing multiple free trade agreements, according to its secretary-general. Jasem…
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Affirming its economic diversification journey, the UAE achieved an all-time high of 1.13 trillion dirhams ($337.6 billion) in non-oil foreign trade during the first half of 2023, representing a 14.4 percent growth compared to the same…
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In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Authority organized a trade mission to the city of Erbil. The authority, under the identity of “Made in Saudi Arabia,” promoted non-oil…
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China on Thursday vowed to “safeguard” its interests against a new US policy to restrict investment in Chinese technology, accusing Washington of disrupting global supply chains. US President Joe Biden hours earlier announced an…
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President Joe Biden on Wednesday signed an executive order that will prohibit some new US investment in China in sensitive technologies like computer chips and require government notification in other tech sectors. The long-awaited order…
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