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Oman’s Commerce Minister Meets With Bahraini Counterpart

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Muscat: Qais Mohammed al-Yousef, Minister of Commerce, Industry and Investment Promotion (MoCIIP) met with Zayed Rashid al-Zayani, Minister of Industry, Commerce and Tourism in...

Chinese Raw Industry’s Profit Doubles as Demand Soars

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According to official data from China’s National Bureau of Statistics (NBS), profits at major Chinese raw material industry’s companies were nearly doubled, year–on–year. The industry...

Turkish Gebze Industrial Zone Eyes Duqm For Investment

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Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) and the Ministry of Commerce, Industry and Investment Promotion signed today a...

Raysut Cement’s Footprint Enlarged

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Oman: Raysut Cement Company (RCC), Oman’s largest cement manufacturers, have expanded their global footprint by expanding into the Eastern – African Markets and in...

European Union Ratifies Brexit Trade Deal With UK

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In a breakthrough update to The UK’s exit from the European Union, termed Brexit. The European Parliament overwhelmingly backed the post – Brexit trade...

Surge In Covid Cases, Industrial Bottlenecks Hold Back German Business Optimism

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Amid a trying third wave of the COVID pandemic in Germany, a closely monitored indicator of German business outlooks barely rose in April, hinting...
FAB reports AE7.3 bn in net profit for first nine months of 2020

FAB reports AED 7.3 bn in net profit for first nine months of 2020

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(WAM) -- First Abu Dhabi Bank, FAB, reported AED2.5 bn for Q3-2020, 4 percent up on Q2, with net profit for the first nine...
Dubai's non-oil external trade reaches AED551 billion in H1 2020

Dubai’s non-oil external trade reaches AED551 billion in H1 2020

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(WAM) -- Dubai recorded AED551 billion worth of non-oil external trade in the first half of 2020. The emirate’s ability to minimise the impact...
Consortium of Global Multilateral Development Banks Calls for Measures to Support Trade Continuity in Sub-Saharan Africa

Consortium of Global Multilateral Development Banks Calls for Measures to Support Trade Continuity in...

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The report issued by a consortium of multilateral development banks and trade research institutions, recounts the views of sub-Saharan banks on multi-lateral development banks’...

UAE’s Ministry Of Economy Reduces Fee For 94 Of Its Services

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The UAE’s Ministry of Economy has announced a reduction in fees for 94 of its services in order to counterbalance the coronavirus pandemic’s impact...