trade

Commerce between the UK and Gulf Cooperation Council economies is likely to jump 16 percent with the signing of a free trade agreement, according to a British government press release. The two sides made good progress during the fourth…
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The volume of trade exchanged between Saudi Arabia and Iraq over land hit SR913 million ($243 million) during the first six months of 2023, as commercial traffic at the Arar border crossing saw a significant jump over the past two years.…
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The Saudi-Bahraini Coordination Council held a meeting of its economy, energy, trade and industry committee to discuss ways to enhance joint bilateral cooperation The third meeting of its kind, which was held virtually, was co-chaired by…
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Indonesia’s Trade Minister Zulkifli Hasan began a visit to Egypt on Sunday as Jakarta seeks to explore export potential in non-traditional markets in Africa. Hasan will hold talks with Egypt’s Minister of Trade and Industry Ahmed Samir…
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Japan has become the third country certified to ship beef to the Muslim world including Saudi Arabia. The certification for the Kingdom was confirmed at a signing ceremony attended by Prince Faisal bin Bandar bin Sultan Al-Saud and…
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The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country’s biggest post-Brexit trade deal following nearly two years of talks. Britain will be the first…
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China emerged as the top global export destination for Saudi Arabia in January 2023 accounting for 14.8 percent of total Saudi exports valued at SR15.6 billion ($4.15 billion). It was followed by Japan with exports valued at SR11.7…
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The UK and the European Union ended years of wrangling on Monday, sealing a deal to resolve their thorny post-Brexit trade dispute over Northern Ireland. British Prime Minister Rishi Sunak said the “decisive breakthrough” marked a “new…
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British Prime Minister Rishi Sunak and European Union leader Ursula von der Leyen are set to hold face-to-face talks, with expectations high they will seal a deal to resolve a thorny post-Brexit trade dispute. That would mark a…
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Indian businesses are eyeing the potential of a free trade pact with Gulf countries, the Confederation of Indian Industry said on Sunday, as New Delhi recorded a significant rise in exports a year after such an agreement with the UAE.…
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