Monday 28 July 2014
 
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Trade

India threatens to derail WTO deal, US angry

India has threatened to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a US warning that its demands could kill global trade reform efforts.

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New clamp on illicit alcohol trade

Bahrain authorities are cracking down on mafias selling alcohol in the black market and have urged people to help them stop the illicit activity. They say they have recorded a surge in people trading illegally in the capital even

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'Free trade is crucial for growth': G20

G20 trade ministers have reaffirmed their commitment to free trade as a central driver of growth and to streamline the flow of goods through borders.   The ministers met in S

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Concern over India's stance on global trade pact

Eleventh hour negotiations to win Indian approval for a breakthrough global trade pact may not have succeeded in the end despite initial signs of progress, sources involved in the discussions said on Saturday. India is the most pr

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Dubai-Canada trade sees 61pc growth

Dubai’s foreign trade with Canada recorded a 61 per cent growth in the first quarter of the year valued at Dh2 billion ($544.3 million) as compared to Dh1.3 billion for the same period last year, said a top official.  

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Al Ramz Capital tops UAE securities markets

Al Ramz Capital, a leading financial services firm, has topped trading in the UAE securities markets for June with a total traded value of Dh10.8 billion ($2.9 billion).   The firm also ranked first in the Dubai

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Iran to resolve HSBC freeze on trade financing

Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters.

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Inaugural Gulfood event space sells out

A leading trade show to be held in Dubai to highlight food logistics, processing, packaging and ingredients sectors has officially sold out.   The inaugural Gulfood Manufacturing 2014 will run from November 9 to

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Bosch unveils auto trade loyalty programme

Bosch, a leading supplier of spare parts to the automotive industry, has unveiled a new trade loyalty programme in the Middle East.   The new ‘extra’ loyalty programme allows auto spare parts traders

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Bahrain businesses urged to cash in on Russia links

Bahrain's businesses must make better use of trade relations with Russia if they want to be taken seriously as an alternative regional investment hub to Dubai, according to a top diplomat.   In an exclusive i

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