Browsing: trade

RIYADH: Saudi Arabia’s maritime sector is experiencing significant expansion, highlighted by the King Abdulaziz Port in Dammam achieving a milestone in container handling.

RIYADH: Saudi Arabia and Djibouti are forging a significant new maritime initiative aimed at strengthening trade connections and boosting economic ties between the two countries. 

RIYADH: Saudi Arabia’s ports recorded a 15.72 percent increase in container handling in July compared to the same month last year, official data showed. 

Jeddah: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has extended a $10 million trade finance line to the Uganda Development Bank Ltd.

East African Community (EAC) member States are moving towards the tail end of reviewing fees, levies and charges imposed by members on essential goods and services in the transport and agriculture sector, which have frequently sparked trade wars and choked intra-regional trade in the eight-member economic bloc.

The Chinese leader Xi Jinping announced the intention to bring trade between the two countries to $250 bln in 2024 at a meeting with Russian President Vladimir Putin, Liu Xu noted

Turkish exports reached USD 22.5 billion in July 2024, an increase of 13.8% compared to July, 2023, Minister of Trade Omer Bolat said

Egypt’s agricultural exports reached 5.1 million tons in the first seven months of the year, valued at $3 billion

Value of goods leaving Egypt increased by 0.4% year on year to hit $3.81 billion in the fifth month of 2024

RIYADH: Saudi Arabia’s total non-oil merchandise exports to Gulf Cooperation Council countries reached SR10.99 billion ($2.9 billion) in May, a significant increase from SR8.43 billion in the same month last year.