trade

The US Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets…
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The trade volume between Saudi Arabia and the US reached SR92.5 billion ($24.7 billion) in 2021, an increase of 22 percent from 2020, as non-oil exports from the Kingdom to the US witnessed a record high, a report showed. This increase…
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Israel and the UAE signed a free trade agreement on Tuesday, Israel's ambassador to the UAE, Amir Hayek, said on Twitter. https://twitter.com/HayekAmir/status/1531511090168872960?s=20&t=VR0kBqfYbpSbwjtbytaIjw The trade deal is…
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Israel and the UAE said Friday they had agreed on the terms of a free trade agreement to boost commercial relations following their normalization of ties, AFP is reporting. Israel described as “historic” the deal abolishing customs…
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Bitcoin, the leading cryptocurrency internationally, traded higher on Saturday, rising .58 percent to $44,662.37 as of 8:30 a.m. Riyadh time. Ether, the second most traded cryptocurrency, was priced at $3,144.65, up by 1.15 percent,…
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Moscow Deputy Mayor Vladimir Yefimov revealed that the volume of trade between Moscow and the UAE will double in 2021, compared to the year before 2020. Yefimov, who is the deputy mayor of Moscow for economic policy and real estate and…
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A delegation led by the Taliban foreign minister is in Iran to discuss border, economic and refugee issues, a senior foreign ministry official in Kabul said on Sunday. It is the first time that a high-profile delegation from Kabul is…
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The United States on Saturday cut Ethiopia, Mali and Guinea from access to a duty-free trade program, following through on President Joe Biden's threat to do so over alleged human rights violations and recent coups. "The United States…
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Switzerland’s largest online bank, Swissquote, is preparing to launch its own cryptocurrency trading platform. The company plans to open its crypto exchange before the end of the first half of 2022, Jan De Schepper, chief sales and…
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The Houthi militia’s planned attacks using explosive-rigged boats in the Red Sea pose a threat to global maritime trade lines in the area, Yemen’s information, culture and tourism minister Moammar Al-Eryani warned. The Arab coalition…
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