Tag Archives: trade

The head of the Suez Canal Authority on Thursday said that losses and damages resulting from the grounding of the Ever Given container ship could run to more than $1 billion. Osama Rabie told media that investigations into the incident, which resulted in the vital trade waterway being blocked to …

“Today, the Central Asian states face an important strategic task. This is to ensure deep integration of our region into the global economic, transport and transit corridors,” Shavkat Mirziyoyev said. According to the President of Uzbekistan, the countries of the region have managed to create an atmosphere of good neighborliness, …

By Nurbek Olloyor   The historical ties between Uzbekistan and Afghanistan, existed long before the formation of these governments as republics. The emergence of these ties brings us back to the days when Uzbekistan and Afghanistan were not yet divided by political borders and were considered as a part of …

The presidential press service reports that Shavkat Mirziyoyev will pay an official visit to Belarus with the invitation of Alexander Lukashenko on July 31 – August 1. To discuss the current state of bilateral cooperation and prospects for development of relations in political, trade, economic, investment, cultural, humanitarian and other …

The UAE registered an impressive 18 percent growth in online job postings compared to the same period last year, representing the highest growth in the region, According to the latest Monster Employment Index,MEI. In a clear sign that the UAE Government’s Education 2020 strategy is beginning to bear fruit, growth …

In May 2019, Tashkent introduced a trade area between Afghanistan and Uzbekistan that will operate on the Afghan-Uzbekistan frontier at the Termez Cargo Center terminal. The trade area promises speedy processing of documentation from and to Afghanistan for products. This unprecedented move towards closer trade ties between Tashkent and Kabul …

Officials from the UAE and Kyrgyzstan met here on Friday for the second meeting of the Political Consultations Committee to discuss ways of enhancing bilateral cooperation and review the latest regional and global developments. Co-chaired by Khalifa Shaheen Al Marar, Assistant Minister of Foreign Affairs and International Cooperation for Political …

The UAE’s Minister of State for Foreign Affairs has reiterated the country’s commitment to ensuring regional stability. “The UAE is a committed partner in the development and stabilisation of the Arab World,” Dr. Anwar bin Mohammed Gargash, told audiences in a keynote address at the GLOBSEC 2019 Bratislava Forum in …

H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, is participating in the St Petersburg International Economic Forum 2019 (SPIEF), being held here on June 6th-8th. Sheikh Hamed attended the event’s inaugural session, which was addressed by President Vladimir Putin in the presence of …

China said on Monday its lawful trade cooperation with Iran should be respected and expressed regret that the United States re-imposed sanctions on the Middle Eastern country. Speaking at a daily news briefing in Beijing, foreign ministry spokeswoman Hua Chunying did not directly comment on whether China had been granted …

Saudi Arabia’s latest move to freeze all new trade and investment relations with Canada is unlikely to have a significant impact on the Kingdom’s economy, analysts said. The Kingdom early on Monday recalled its ambassador to Canada, and declared the Canadian ambassador to Riyadh persona non grata, giving him 24 …

Businesses in the UAE should expect to be among key beneficiaries of any anticipated boost to economic activity generated by the development of China’s Belt & Road Initiative through the Middle East, said HSBC UAE CEO Abdul Fattah Sharaf at a conference on “The New Global Trade Order”. “It is …

Egypt and the UAE have agreed on enhancing joint cooperation in all fields to boost bilateral investment, industrial and commercial ties. This came during the joint UAE-Egypt Economic Committee’s meetings, which were headed by Sultan Bin Saeed Al Mansouri, Minister of Economy, and Egypt’s Trade Minister, Tarek Kabil, here on …

As 2017’s roaring bull market gives way to a markedly choppier 2018, the buzz among Wall Street stock touts is that the best of the Trump Trade has passed. Sure, more gains could be wrung out, and probably will be, but nothing like the 30 per cent burst over the …

By Geoffrey Cook*   The friendly ties between India and Israel are only about twenty years old whereas rapprochement  started haltingly five years earlier in 1992.  They have become most friendly with the rise of the Narendra Modi and his Islamophobic BJP (Bharatiya Janata Party) during 2014. Today their ties …

by Munshi Zubaer Haque India and Iran share ancient civilizational ties that have existed for more than a millennium, the relationship stretches from the times of the Achaemenid Empire till the present and has gradually developed into a defining strategic partnership for Indian foreign policy. Diplomatic relations between India and …

The UAE and India have reached a historic agreement which will enable businesses on both sides to bypass the US dollar or any other foreign currency and trade directly in UAE dirhams and the Indian rupee. The agreement will mean large savings for business communities on both sides as trade …

Energy, trade and investment efforts will be high on Indian Prime Minister Narendra Modi’s agenda when he goes on a three-nation tour to West Asia and the Gulf starting on Saturday. When Modi reaches Ramallah from Jordan’s capital Amman, he will become the first Indian Prime Minister to visit Palestine. …

U.S. President Donald Trump set out a strong message on trade at a meeting of Asia-Pacific countries in Vietnam on Friday, saying the United States could no longer tolerate chronic trade abuses and would insist on fair and equal policies. Trump said the United States was ready to make a …

The U.S. solar industry was roiled on Friday by a unanimous ruling in a much watched international trade case — one that some industry leaders fear could lead to steep new tariffs on imported crystalline silicon solar cells. The bankrupt Georgia-based solar company Suniva joined forces with Oregon-based SolarWorld Americas to …