Iran plans to supply solar electricity to half of household consumers

Iran has plans to supply half of the household consumers with solar-generated electricity in the middle term, ISNA news agency reported, citing related officials.

  April 18 2024

Qatar-India trade volume exceeds $17.85bln

The Ambassador stressed the growing relationship between the two nations, which strives to create numerous opportunities for Indian companies and the workforce in Qatar

  April 13 2024

Iran-China trade exceeds $2.8 billion in Jan-Feb 2024

The China Customs has announced that the trade exchanges between Iran and China stood at more than $2.8 billion from January to February 2024.

  April 6 2024

Sharjah Chamber explores trade and investment opportunities with India

The Indian Business and Professional Council, affiliated with the Sharjah Chamber of Commerce and Industry (SCCI), has conducted an extensive business meeting to discuss ways to strengthen cooperation and boost bilateral trade volume and mutual investments between the business communities of Sharjah and India.

  April 4 2024

ADIO expands Abu Dhabi’s trade links with Western Australia

The collaboration is part of a series of strategic ADIO initiatives to drive greater private sector opportunities through strengthened relations with Australia

  March 14 2024

UAE emerging as an attractive private equity destination in GCC

The GCC, particularly the UAE, is emerging as an attractive destination for private equity (PE) investments, driven by a business-friendly regulatory environment and a positive economic outlook, according to MR Raghu, CEO of Marmore MENA Intelligence.

  March 7 2024

GCC top export market for Dubai firms, value tops $43bln

The value of exports and re-exports of Dubai Chamber of Commerce members reached a combined total of $77.46bln in 2023

  March 6 2024

10 countries account for 84% of Iran’s foreign trade

China, the United Arab Emirates (UAE), Turkey, Iraq, India, Pakistan, the Russian Federation, Oman, Germany and Afghanistan made up 84 percent of Iran’s total foreign trade value in 11 months, the Islamic Republic of Iran Customs Administration (IRICA) said.

  March 2 2024

Mexico seeks to expand relations with Qatar

Mexico aims to strengthen its relations with Qatar through the means of public diplomacy, affirmed a high-ranking official.

  February 29 2024

Saudi Arabia, Georgia sign deals to boost economic cooperation

Bilateral trade relations between Saudi Arabia and Georgia received a boost with the signing of four agreements focusing on industry, energy, and culture during a business forum in Tbilisi.

  February 17 2024

Egypt plans car manufacturing factory in collaboration with Indian company

Egypt plans to build an electric and diesel car manufacturing factory with a production capacity of up to 6,000 vehicles in collaboration with Hinduja Group, one of India’s largest companies. The move will help bolster the North African country’s economy and create job opportunities for Egyptians.

  February 15 2024

Saudi ambassador highlights private sector role in bilateral trade with Iran

Saudi Ambassador to Tehran Abdullah bin Saud Al-Anzi says that enhancement of brotherly ties between Iran and Saudi Arabia rests upon the partnership of the private sectors of both countries.

  February 7 2024

Qatar, India have solid bilateral ties: Ambassador

Qatar and India have friendly and solid bilateral relations and the cooperation between the two countries in diverse sectors has been growing, Ambassador of India to the State of Qatar H E Vipul has said.

  February 4 2024

Iran, Saudi Arabia to launch direct shipping line

Iran and Saudi Arabia plan to set up a direct shipping line between Kangan, in southern Iranian province of Bushehr, and the Saudi eastern province of Dammam, in a bid to boost trade between the two countries.

  February 1 2024

Omani and Saudi private sector firms sign MoUs

The Oman Chamber of Commerce and Industry (OCCI) on Sunday hosted the Omani-Saudi Business Forum with the primary goal of fortifying joint cooperation between Oman and Saudi Arabia in both economic and investment sectors. The event also focused on fostering strategic partnerships between Omani and Saudi companies.

  January 27 2024

Iran’s eight-month exports to Iraq tops $6.2 billion

Iran’s export to Iraq has exceeded $6.2 billion in the eight Iranian calendar months to November 21, showing a 30% growth compared to the same period last year, according to an official with the knowledge of the matter.

  January 20 2024

Iran, India finalize agreement on developing Chabahar Port

Officials from Iran and India finalized an agreement on the development of the Chabahar Port located in the southeastern part of Iran.

  January 18 2024

Saudi Arabia, Canada agree to re-exchange trade delegations

Saudi Arabia and Canada have agreed to re-exchange trade delegations after it was suspended for five years.

  January 13 2024

Non-oil growth momentum remains strong in GCC: IMF

The GCC region’s non-hydrocarbon growth momentum remains strong, driven by higher domestic demand, increased gross capital inflows, and reform implementation, according to the International Monetary Fund (IMF).

  January 11 2024

Iran-China trade exceeds $13 billion in 11 months

The China Customs announced that the trade exchanges between Iran and China stood at more than $13 billion from January to November 2023.

  January 6 2024

Qatar trade surplus reaches $4.58bln

The total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around $7.28bln in November 2023, showing a decrease of 28.6%

  January 4 2024

GCC, South Korea sign free trade pact

The Gulf Cooperation Council and South Korea are set to bolster their economic ties with a new free trade agreement.

  December 30 2023

UAE, Mauritius conclude Comprehensive Economic Partnership Agreement

The non-oil bilateral trade between the UAE and Mauritius in H1 2023 stood at $63.1mln, with opportunities strongest in chemicals, metals and petroleum products sectors

  December 23 2023

“Iran, Guinea chambers of commerce has to exchange economic data”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has urged the need for exchange of economic data by the chambers of commerce of Iran and Guinea as a key prerequisite for expansion of trade between the two countries.

  December 21 2023

Iran-Qatar trade exchanges up 43% in recent years

An official at the Ministry of Commerce and Industry of Qatar said the volume of trade exchanges between Tehran and Doha has increased 43 percent in the recent years.

  December 14 2023
during the 44th Gulf Cooperation Council Summit

Riyadh, Doha sign multiple deals across various sectors

Saudi Arabia and Qatar have signed multiple agreements and memorandums of understanding as both nations continue to strengthen their relationship.

  December 9 2023

Oman, Switzerland sign MoUs in several fields

The Sultanate of Oman and the Swiss Confederation signed in Muscat today several memorandums of understanding (MoUs) to enhance areas of cooperation between the two friendly countries in various sectors.

  December 2 2023

Iran, China ink MoU for textile cooperation

Officials from Iran and China signed a memorandum of understanding (MoU) in the fields of textile industry and clothing.

  November 25 2023

Dubai International Chamber expands Asia presence with Tokyo office

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Asia with the official launch of a new international representative office in Japan. Located in Tokyo, the office further strengthens the emirate’s robust economic relationship with Japan and will facilitate the growth of business, trade, and investments between the two markets.

  November 18 2023

The Gulf Cooperation Council Approves Unified Gulf Visa

Jassim Mohammed Al Budaiwi, the Secretary General of the Cooperation Council for the Arab States of the Gulf, (GCC) has announced that the organisation has approved the issuance of a unified GCC visa.

  November 16 2023
 
 
 
 
 
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