Browsing: Trade

The UAE and Brazil are collaborating to strengthen their already thriving $4.3B trade partnership. Juma Al Kait, Assistant Under-Secretary for International Trade Affairs at the Ministry of Economy, praised the robust UAE-Brazil trade and investment relations during the Brazil-Emirates Conference in Abu Dhabi.

In a development anticipated to impact various sectors, India has entered into a free trade pact, known as a Trade and Economic Participation Agreement (TEPA), with the countries of the European Free Trade Association (EFTA).

Trade between the UK and Kuwait has surpassed $86B in the past decade, according to official figures. The UK and Kuwait have robust economic and trade relations, evidenced by their trade exchange between 2013 and 2022 totaling AED 317B ($86B).

Equity benchmark indices Sensex and Nifty hit fresh all-time peaks in a special trading session…

UAE has accomplished a significant feat in its overseas non-oil trade sector, with the value of goods and services hitting a new peak of AED 3.5T in 2023.

Saudi Stock Index (TASI) concluded January 2024 at 11,796.63 points, with the total value of traded shares reaching approximately SR 195.94B ($52.2B) through 11.87 million transactions, as reported in the monthly statistical release by the Saudi Tadawul.

Trade through the corridor connecting India with the Mena region and Turkey (Menat) is projected to increase by 50 per cent to $190B by 2030, driven by new investment opportunities, according to a report.

Gold prices declined during today’s trading, losing about $5 in spot trading, As of 10:52 UAE time, the yellow metal fell by 0.27 percent.

UAE and India are forging closer economic and political bonds, aiming to achieve a trade relationship of approximately $100B by 2027.

India’s Commerce and Textiles Minister, Piyush Goyal, has revealed plans to establish a showcase for Indian goods in the UAE, featuring a goods showroom and warehouses.