Saturday 19 April 2014
 
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Tea import-export trends in focus at Dubai forum

The latest international import and export trends of tea trade were discussed at an ongoing meeting of more than 300 delegates from over 30 tea producing and consuming nations in Dubai.   The fifth Global Dubai T

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Dubai plans to set up world's first Islamic exim bank

Dubai's government will consider establishing the world's first fully sharia-compliant export-import bank to promote the emirate's foreign trade, the Department of Economic Development said on Wednesday.  

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Iran oil exports show steady increase

Iran exported more crude than allowed under Western sanctions for at least a fourth straight month in February, as ship loading data obtained by Reuters showed top clients again bought more than one million barrels per day (bpd) of Tehran'

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Kuwait budget spending up 8pc in April-Jan

Kuwait's government spending rose 8 percent in the first 10 months of this fiscal year compared with the same period the previous year but is still far below its initial plan, preliminary finance ministry figures showed. The m

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Kuwait Q3 trade surplus hits $23bn

Kuwait's foreign trade surplus widened to 6.4 billion dinars ($22.7 billion) in July-September from a revised 5.9 billion dinars in the previous quarter, data from the Central Statistical Bureau showed on Sunday. Export

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Iraq now world's fastest-growing oil exporter

Iraq is reclaiming its rank as the world's fastest-growing oil exporter, cushioning consumers from Libyan supply outages for now and, perhaps, reviving Opec market share rivalries down the road. Despite worsening violence due

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US oil export ban could be lifted piecemeal

The White House could lift the ban on US oil exports in stages, according to an analysis of past presidential decisions prepared for Senator Lisa Murkowski, the highest-ranking Republican on the Energy and Natural Resources Committee.

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Saudi non-oil exports grow 9.2pc

Saudi Arabia’s non-oil exports grew 9.2 per cent year-on-year in December as returns reached SR19.9 billion ($5.3 billion), said a report. The steep rise in exports revenue is owed, by weight, to high demand for plastics, an

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Brazilian food exports to Arab nations hit 17m tonnes

The food exports from Brazil to Arab countries reached a record high of 17 million tonnes last year, with meat, sugar and cereal being the main products, said a report. The Arab-Brazilian Chamber of Commerce’s annual report

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Yemen's fuel bill exceeds oil export earnings

Yemen's rising fuel import bill surged past its declining revenues from oil exports in 2013, central bank data showed on Monday, putting increasing pressure on government finances. Yemen, one of the Arab world's poorest co

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